The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) has implemented a regulation that allows individuals to purchase insurance directly when they shop.
Wafa Assurance, Morocco's largest insurer, has reached an agreement with the Saham Group to acquire 99.98% of the capital of the life insurer La Marocaine Vie.
Orient Insurance, a subsidiary of Al Futtaim Group, has announced that its shareholders have approved a 100% increase in its capital to AED1bn ($272m).