Saudi Insurance Authority approves MedGulf and Buruj merger

Published on September 10, 2025
(Buruj MedGulf) The Saudi Arabian Insurance Authority (IA) approved the merger between Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) and Buruj Cooperative Insurance Company on 7 September 2025.The transaction, already cleared by both the IA and the General Authority for Competition (GAC), is still subject to final approval by t
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CICA-RE to host webinar

September 10, 2025
(CICA-RE) The Joint Reinsurance Company of Member States of the Inter-African Conference on Insurance Markets (CICA-RE) is organizing a webinar on the topic: “Conducting fire risk assessments and pricing visits.”This session marks the first module in a series of seven virtual seminars launched by CICA-RE as part of its technical assistance program

AXA launches its annual employee share offering

September 10, 2025
(AXA France) AXA has launched its annual capital increase reserved for group employees in France and abroad. Called "Shareplan 2025", the program is open to more than 110 000 employees across 40 countries.The transaction involves the issuance of 58 951 965 shares for a total amount of 135 million EUR (158.5 million USD).