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Saudi Arabia tag returned 207 results

  • Saudi Arabia: Strategic committee to help develop health insurance

    The Strategic Committee for Health Insurance is engaged in drawing up plans and strategies to develop the health insurance industry, raise the level of integration and coordination between insurers and the insured and reduce attempts by unscrupulous parties to circumvent the rules to obtain healthcare services unlawfully.

    Middle East | 21 Oct 2019
  • Saudi Arabia: Regulator proposes regulations for online insurance broking

    The Saudi Arabian Monetary Agency (SAMA) has released a preliminary draft of regulations governing online insurance brokerage business, calling on the public and those interested to provide feedback on the proposed rules.

    Middle East | 15 Oct 2019
  • Saudi Arabia: Regulator introduces medical insurance policy for tourists

    The Council of Cooperative Health Insurance (CCHI) has revealed details of a compulsory health insurance policy for tourists to the Kingdom. The maximum cover under the plan is SAR100,000 ($26,666) for a tourist.

    Middle East | 10 Oct 2019
  • Saudi Arabia: Islamic trade credit insurer maintains Moody's Aa3 rating for 12th year

    The improved profitability and underwriting performance of Jeddah headquartered Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has led Moody's to affirm the company's insurance financial strength rating (IFSR) of Aa3 for the 12th consecutive year.

    Middle East | 03 Oct 2019
  • Saudi Arabia: Walaa to take over MetLife AIG ANB via share swap

    Walaa Cooperative Insurance has signed a binding merger agreement with MetLife AIG ANB to buy the entire shares of the latter by offering a share swap without paying cash.

    Middle East | 01 Oct 2019
  • Saudi Arabia: Bupa Arabia joins MCSI EM Index

    Health insurer Bupa Arabia has joined the MSCI Tadawul 30 Index, a joint tradeable index launched by the Saudi Stock Exchange (Tadawul) and MSCI to serve as the basis for exchange-traded funds (ETFs).

    Middle East | 29 Sep 2019
  • Saudi Arabia: Motor insurance services firm enhances anti-fraud capabilities

    Najm for Insurance Services and SAS, the market leader in analytics and anti-fraud technologies, has signed an agreement to counter and reduce fraud in automobile and motor insurance claims.

    Middle East | 24 Sep 2019
  • Saudi Arabia: Preliminary talks held for mergers involving 4 insurers

    Two talks are being held on mergers involving four insurance companies, but the discussions are still in the initial stages, Dr Fahd Al-Shathri, deputy governor of the Saudi Arabian Monetary Agency (SAMA), has said.

    Middle East | 22 Sep 2019
  • Morocco: North African kingdom seen as in top of the class in bid to cut CO2 emissions

    Morocco is one of only two countries with a plan to reduce its CO2 emissions to a level consistent with limiting warming to 1.5 degrees C, reported National Geographic quoting Climate Action Tracker (CAT) which is an independent scientific analysis produced by research organisations tracking climate action since 2009. The other country is Gambia.

    Middle East | 22 Sep 2019
  • Turkmenistan joins ICIEC

    Turkmenistan has become a member of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), which is part of the stable of the Islamic Development Bank Group (IsDB). Turkmenistan is the 47th member country of the trade insurance group.

    Middle East | 19 Sep 2019