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UAE: ADNIC posts RoE of over 12% in past 5 years

Abu Dhabi National Insurance Company (ADNIC) has a track record of strong operating performance, evidenced by return on equity exceeding 12% in all of the last five years (2020-2024), notes AM Best.


Egypt: Regulator okays Wafa Assurance's offer for Delta Insurance shares

The Financial Regulatory Authority (FRA) has approved the publication of a mandatory tender offer submitted by a leading Moroccan insurance company, Wafa Assurance, to acquire shares in Delta Insurance Company.

MENA: Reinsurance capacity remains dynamic

Market conditions present challenges and opportunities for reinsurers domiciled in the Middle East and North Africa (MENA) region, according to a new AM Best report.

Other News

Africa

  • Namibia: Long-term insurers post combined profits of around US$240m in 2024

Asia

  • China: New guidelines for long-term care insurance services
  • Taiwan: Cap on hospitalisation copay to rise from 2026
  • South Korea: Non-life insurer to acquire US-based insurer

China

  • Regulator says life insurers cut $48.9bn in costs since 2024
  • Insurance white paper flags agent attrition, urban shift and mounting pressure in China
  • Record underwriting profit for China property insurers, with reinsurance cessions above $13.97bn
Subscribe eChina

Asia Risk

  • Climate change could become the main driver of biodiversity decline
  • Climate change: Getting harder to find meteorites in Antarctica
  • Almost 85% of supply chains can't respond to disruptions in 24 hours

Most Read News

  • 1
    MENA:Most insurance CEOs bullish on 3-5-year outlook despite regional headwinds
  • 2
    Egypt:Regulator rolls out comprehensive training strategy to develop insurance leaders
  • 3
    UAE:Demand for travel insurance climbs amid growing travel risks
  • 4
    Morocco:70% of Moroccans own at least 1 insurance policy
  • 5
    Jordan:Insurance premiums register 9% increase in 1H2025

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