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UAE: Auto insurance prices remain below floor set by regulator despite price hikes

Motor insurance premiums have increased by between 10-20% since the beginning of this year, driven by the increase in the population of the UAE that brought about growth of vehicle numbers.


Egypt: Insurance market prospects seen as bright

Among the several positive factors in the insurance markets of the Middle East, including Egypt, are increased demand for reinsurance and the desire of insurance companies to ensure sufficient capacity to meet the needs of their business, according to Ms Catherine Thomas, senior director of...

Turkiye: PERILS estimates insured property losses from 6 Feb quakes at US$3.5bn

PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has released its initial industry loss estimate for the 6 February Kahramanmaras Earthquake Sequence which caused widespread devastation across several regions of Turkiye and Syria.

Other News

Africa

  • Djibouti: African Risk Capacity Group signs Africa's first multi-year, multi-peril agreement
  • South Africa: Life insurers remain well-capitalised despite tough operating conditions in 2022
  • Tanzania: TIRA considers regulating insurance premium rates

Asia

  • Rural India says inadequate funds and high premiums deter them from buying life insurance
  • Insurance Hall of Fame inducts its first-ever legacy laureate
  • Taiwan: Insurance sector's exposure to Credit Suisse represents 0.35% of total usable funds

China

  • Health insurance business in China shows different trends between life and non-life insurers
  • Insurance industry grows by 3.8% in Jan 2023
  • Insurance sector discusses risks in Silicon Valley Bank scenarios
Subscribe eChina

Asia Risk

  • In almost 50% companies ChatGPT replaces workers
  • Asian cities at increased exposure to rising sea levels
  • Fresh water demand will be 40% higher than supply by 2030

Most Read News

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    Turkiye:Quake insurance sales soar in Istanbul
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    Egypt:Comprehensive insurance Bill to be debated by lawmakers in the next 2 months
  • 3
    Morocco:Insurers and regulator discuss challenges in motor insurance
  • 4
    Middle East:Distribution ranks as most important to insurers in business expansion
  • 5
    Morocco:OnePay start-up launches self-service insurance terminals

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