The amount of capital needed for the proposed establishment of a reinsurance company in Egypt with a high credit rating is estimated at $150m to $250m, according to Mr Gamal Sakr, African Reinsurance Company's regional director for North East Africa...
While Kuwait's dissolution of its parliament and suspension of parts of its constitution (for no longer than four years) could affect Kuwait's long-standing institutional checks and balances, the measures are also likely to speed the passage and implementation of much-needed structural reforms,...
The number of vehicles covered by traffic insurance (also known as motor third-party liability insurance) in Turkiye exceeded 23.34m as of the end of March, according to data from the Insurance Association of Turkiye (TSB).
With the launch of cultural insurance in April 2024 in Saudi Arabia covering artworks and cultural assets, insurance companies are beginning to provide insurance products for the cultural and heritage sector, according to the official spokesman for the Saudi Ministry of Culture, Mr Abdulrahman...