Egypt: Regulator sets 10 July 2026 as new deadline for insurers to comply with Unified Insurance Law

Published on June 18, 2025
The Financial Regulatory Authority (FRA) is extending the grace period for insurers to adhere to the Unified Insurance Law by a year, starting on 11 July.
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Descartes Underwriting secures investment from Battery Ventures

June 17, 2025
Battery Ventures, a global technology-focused investment firm, has made a strategic investment in Descartes Underwriting, a global corporate parametric insurance specialist.The transaction was executed at a premium to Descartes’ most recent Series B valuation. It allows Battery to join the company’s shareholder base, while all existing investors retain a large majority of their holdings.As part of

HDI Global names Alexandrine Ajavon as General Manager Global Network Africa

June 18, 2025
Commercial and specialty lines insurer HDI Global SE has announced the appointment of Alexandrine Ajavon as General Manager Global Network Africa, report to Martial Fuge, Head of Global Network at HDI Global.In her new role based in Paris, Ajavon will manage relationships with HDI Global’s network partners in Africa and support multinational clients conducting business across the continent. She wi