Egypt: Insurance industry's surplus jumps nearly 50% to US$289m in FY2024

Published on February 1, 2025
Insurance companies operating in Egypt posted a surplus of EGP14.6bn ($289m) in the financial year ended 30 June 2024 (FY2024) from operations, according to Dr Mohamed Farid, chairman of the
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Türkiye: National disaster insurance pool pays over $1bn in 6 Feb quake claims over past 2 years

February 1, 2025
The Turkish Catastrophe Insurance Pool (TCIP), known also as DASK, has disclosed that it had paid over TRY39.7bn ($1.1bn at the current exchange rate) to date in claims related to damages from the

The Clear Group appoints Oscar Holloway as Managing Director, M&A

February 3, 2025
The Clear Group, an insurance broker, has appointed Oscar Holloway as its Managing Director, M&A to lead the group’s M&A strategy, building on the progress made since Goldman Sachs’ investment in 2022.In 2024, Clear completed 12 acquisitions to successfully broaden its capabilities by adding UK regions, specialist niches, wholesale and MGA. This included the transformational acquisition of Lilley