The insurance and banking sectors should prioritise water risk-based lending and investment models, given that the sustainability of water resources is regarded as a prerequisite for strategic financial stability, says a report by Turkiye Sigorta's...
AM Best has assigned a Financial Strength Rating of 'B' (Fair) and a Long-Term Issuer Credit Rating of 'bb' (Fair) to Royal Insurance Company (Royal) (Egypt). Additionally, AM Best has assigned the Egypt National Scale Rating of 'aaa.EG' (Exceptional) to Royal. The outlook assigned to these Credit...
The Insurers Federation of Egypt (IFE) has affirmed that adopting AI technologies within the insurance sector is a strategic step toward developing the market, boosting competitiveness, and enhancing operational efficiency across all insurance branches.