Syria receives climate risk insurance

Published on February 1, 2025
The Insurance Development Forum (IDF) has launched a $9.25m macroinsurance policy for Syria that will trigger a payout in the event of a drought in strategic food production areas, designed to
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Saudi Arabia: IA approves merger of Gulf General and Gulf Union Ahlia

February 1, 2025
The Insurance Authority (IA) has approved the merger of Gulf General Cooperative Insurance Company (GGI) and Gulf Union Ahlia Cooperative Insurance Company (GUAI), announced the two insurers on the

Saudi Re and Damanat sign MoU to develop solutions for mortgage financing

February 1, 2025
Saudi Reinsurance Company (Saudi Re) and Saudi Housing Guarantee Services Company (Damanat) have signed a Memorandum of Understanding (MoU) that establishes a collaboration framework between the two