Oman: Insurers across the industry face margin pressures

Published on May 1, 2025
Rising costs, increased climate-related claims, and aggressive pricing strategies are putting pressure on margins across the industry, says Badri Management Consultancy, an international company
Continue reading on website
Other news

Everest CEO expects mid-year reinsurance renewals to be ‘quite attractive’

May 1, 2025
Jim Williamson, CEO of Bermuda-based re/insurer Everest, said today that he expects the mid-year reinsurance renewals to be attractive, and that he doesn’t see property catastrophe reinsurance rates decreasing to a level that makes it a less appealing business for the firm.Speaking during Everest’s First Quarter 2025 earnings call, Williamson said he wouldn’t be surprised if the company takes the

Egypt: Insurers' pre-tax profits jumped by 84% to over US$500m in FY2024

May 1, 2025
Insurance companies operating in the Egyptian market posted combined pre-tax profits of EGP25.9bn ($513.3m) for the financial year ended 30 June 2024 (FY2024), compared to EGP14.06bn for the previous