Bupa Arabia net profit for 2024 rises 24% despite 4Q decline

Published on February 1, 2025
Bupa Arabia has registered an increase of net profit (after zakat) for 2024, up 24% to SAR 1.16bn ($313m) from SAR 940.2m in 2023. However, the insurer faced headwinds in the fourth quarter, with net
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Aon is optimistic about the future of dynamic reinsurance market: Andersen, President

January 31, 2025
After reporting 6% organic revenue growth in its Reinsurance Solutions business in the fourth quarter of 2024, broking group Aon remains optimistic about the future of reinsurance, executives at the firm said today.As we wrote earlier, Aon’s Reinsurance Solutions generated revenue of $351 million in Q4’24 and 6% organic revenue growth to $2.7 billion for the full year 2024.This growth came despite

UAE: Market premiums register 21% hike in 2024

February 1, 2025
In 2024, the UAE maintained its regional leadership in the financial sector and vital initiatives were introduced setting the stage for a brighter future ahead, said the Central Bank of the UAE