The need for insurance in the MENA region has never been stronger than it is today - and that's why the industry is attracting the best-of-the-best at every level, from the C-suite on down.
Oman Re, the Sultanate of Oman's sole reinsurer, has announced a significant surge in its net profit after tax for the first quarter of 2024, reaching an impressive OMR977K ($2.5m).
Qatar Insurance Company (QIC Group, QIC), the leading insurer in Qatar and the Middle East North Africa (MENA) region, has reported a net profit of QAR194m ($53.3m) for the first quarter of 2024, 11% higher than the QAR175m posted for the corresponding quarter in 2023.
The National Health Insurance Company - Daman, part of PureHealth, the largest integrated healthcare platform in the Middle East, has launched its first non-health insurance product, The Daman Gratuity and Employee Benefits (GEB) Trust.