CMA approves Chubb Arabia and Saudi Re capital increases

Published on September 16, 2025
(cma) The Saudi Capital Market Authority (CMA) has given the green light to separate capital increase requests from Chubb Arabia and Saudi Re.Saudi Re's share capital will be raised from 1 158 300 000 SAR (308 573 437 USD) to 1 698 100 000 SAR (452 377 236 USD).
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CAT Assurance et Réassurance: renewal of CSR label and ISO 9001 certification

September 16, 2025
(CAT Aassurance & Reassurance) CAT Assurance & Réassurance, a Morocco-based insurance company specializing in public passenger transport, has announced the renewal of its Corporate Social Responsibility (CSR) certification.The certification was granted by the General Confederation of Moroccan Enterprises (CGEM) for a period of three years,

Australia: Cyclone Alfred loss estimate lowered to A$1.92bn

September 17, 2025
Zurich-based catastrophe data aggregator PERILS has lowered its industry loss estimate for Cyclone Alfred to A$1.92bn ($1.2bn), down 14% from its second loss estimate of A$2.25bn issued in June 2025,