Kuwait: GIG's 1Q net profit dented by lower investment income

Published on May 1, 2025
Gulf Insurance Group (GIG) has increased its net insurance result by 39% to KWD8.7m ($28.2m) in the first quarter of 2025, up from KWD6.2m in the corresponding period last year, primarily driven by a
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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

Morocco: Regulatory reform of death claims to take effect from 1 July

May 1, 2025
The Insurance and Social Security Supervisory Authority (ACAPS) has published a directive relating to the processing of death insurance claims, which is to take effect from 1 July 2025.