The Saudi Arabian Monetary Authority (SAMA) has issued the model text for the compulsory inherent defects insurance (IDI) policy.
The volume of work at insurers has lessened while personnel costs remain the same during the ongoing COVID-19 crisis, Mr Majed Smeirat, president of the Jordan Insurance Federation (JIF) has said.
The current volatility in the oil market is a short term phenomenon and will not persist in the long term, according to Atradius which provides trade credit insurance, surety and collections services worldwide.
The Capital Market Authority (CMA) has instructed Omani insurers to provide insurance coverage for vehicle...
The volatility in capital markets resulting from the COVID-19 pandemic and oil price shock could weaken the...
Aetna International has announced that it is waiving deductibles for inpatient hospital admissions related to COVID-19 in an effort to help its...