Kuwait: Insurance premiums down by 9% year on year in FY2025

Published on August 4, 2025
Insurance companies' premium volume in Kuwait declined by 9% in the fiscal year ended 31 March 2025 (FY2025) with the health insurance branch reporting a notable drop, according to the sector's
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Oman: Insurers record more than 75,000 traffic accidents in 2024

August 3, 2025
Insurance companies in Oman recorded about 75,200 traffic accidents, 18,552 of which were classified as serious accidents, while the number of minor accidents exceeded 56,600 accidents, according to

Aegis Professional Risk transitions to McGowan Companies in deal with K2 Insurance Services

August 4, 2025
McGowan Companies, a provider of specialised insurance programmes, has acquired the assets associated with the Aegis Professional Risk division from Aegis General Insurance Agency, Inc.This transaction was completed through an asset purchase agreement with K2 Insurance Services, LLC. Aegis Pro Risk is a division focused on professional liability insurance solutions.It was previously operated under