Saudi Arabia: MedGulf-Buruj merger receives nod from GAC

Published on January 1, 2025
The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) and Buruj Cooperative Insurance Company (Buruj) have received approval from the General Authority for Competition (GAC) on
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Pakistan: Insurer faces PKR500m loss from Dubai floods

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Pakistani insurer Adamjee Insurance Company has reported a significant loss of approximately PKR500m ($1.8m) due to claims, especially in the motor portfolio, resulting from the catastrophic flooding

CCR Re has successfully launched its seventh sidecar

January 1, 2025
CCR Re has successfully sponsored the 2025 vintage of its 157 Re sidecar, emphasising its commitment to maintaining long-term partnerships with third-party investors.