Saudi Arabia: PIF finalises subscription to Saudi Re's capital increase shares

Published on January 1, 2025
Saudi Reinsurance Company (Saudi Re) has announced the results of the subscription to the new shares issued as part of its capital increase exercise, with suspension of pre-emptive rights. The
Continue reading on website
Other news

UAE: Nexus Underwriting to acquire MGA Arma

January 1, 2025
Nexus Underwriting (Nexus), a Brown & Brown group venture, has entered into an agreement to acquire Arma Fusion Limited, the parent company of Arma Underwriting Limited (Arma).

UAE: All workers covered by mandatory health insurance starting 2025

January 1, 2025
In 2025, mandatory health insurance will be extended to cover all workers in the UAE at an affordable rate and reasonable benefits.