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Turkiye: Milli Re's ratings outlook revised To 'Positive'; National Scale Rating upgraded

Over the past 12 months, Milli Reasurans (Milli Re) has significantly improved its shareholder's equity while maintaining its market position and improved operating performance, says S&P Global Ratings (S&P).


Tunisia: Insurance association aims to double GDP share to 5%

The insurance sector contributes 2.4% to Tunisia's GDP, estimating that this share could reach 5% in the medium term, subject to improved governance, increased skills and accelerated digital transformation, according to Mr Hatem Amira, director general of the Tunisian Federation of Insurance...

Egypt: Insurance federation champions green initiatives

The Insurers Federation of Egypt (IFE) has recommended that insurance companies create green products and contribute to financing environmental projects.

MENA: Lockton launches new claims consultancy services practice

Lockton has expanded its new claims consultancy services (CCS) practice in MENA.

Other News

Africa

  • Kenya: National Financial Inclusion Strategy proposes raising payout cap in Policyholders Compensation Fund

Asia

  • New Zealand: The current system of assessing and managing seismic risk in buildings is being relooked at
  • Hong Kong: New publication examines common pitfalls in digital insurance sales system
  • Brunei: all foreign citizens must have private health insurance

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

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    Saudi Arabia:Proposed MedGulf-Buruj merger moves closer to realisation
  • 5
    UAE:Listed insurers' financial performance shifts toward underwriting-led profitability

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