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MENA tag returned 169 results

  • MEA: Region sees fewer insurance M&A deals in 2023, mirroring global trend

    The number of mergers and acquisitions (M&As) in the insurance industry in the Middle East & Africa (MEA) dropped by more than a third to 15 in 2023 from 24 in 2022, according to the report "Insurance Growth Report 2024" by the global law firm, Clyde & Co.

    Middle East | 29 Feb 2024
  • GAIF's 34th Conference award winner addresses IA development in the region

    Misr Insurance Holding Co's senior specialist marketing and business development Azza Gaber bagged the General Arab Insurance Federation's (GAIF) Insurance Research Award.

    Middle East | 27 Feb 2024
  • GAIF emphasises governance and technology in recommendations for the insurance sector

    The board of directors of the General Arab Insurance Federation (GAIF) has announced a number of recommendations to be implemented by the grouping.

    Middle East | 27 Feb 2024
  • GAIF presidency goes to Oman

    The chairman of the Oman Insurance Association, Mr Sayyid Nassir Salim Al Busaidi, has been appointed as the new president of the General Arab Insurance Federation (GAIF).

    Middle East | 26 Feb 2024
  • GAIF signs cooperation pact with African Insurance Organisation

    The General Arab Insurance Federation (GAIF) has signed a cooperation agreement with the African Insurance Organisation (AIO).

    Middle East | 25 Feb 2024
  • GAIF: Expectations are high for Arab insurance market

    The Arab insurance sector has in recent years seen sound growth that kept pace with the developments taking place in Arab economies, according to Mr Mustafa Ahmed Salman, member of the board of directors of the Oman Chamber of Commerce and Industry and the chairman of the Chamber's Finance and Insurance Committee.

    Middle East | 21 Feb 2024
  • GAIF: Sustainable insurance practices brought to life

    Day three of GAIF 34 began with a stellar session on 'Sustainable insurance practices - strategies and initiatives adopted by Arab insurers to promote sustainability in the industry' in which delegates were privileged to hear cutting-edge thinking from industry leaders.

    Middle East | 21 Feb 2024
  • Great achievements for GAIF's 60th anniversary

    Sixty years of the General Arab Insurance Federation's (GAIF's) existence proves beyond a doubt that the goals for which it was established remain valid. "And we, as professionals and companies, are always requested to strive towards achieving them," said GAIF secretary general Chakib Abouzaid.

    Middle East | 20 Feb 2024
  • Qatar: QIC's profitability rebounds strongly in 2023

    Qatar Insurance Company (QIC Group, QIC), the leading insurer in Qatar and the Middle East North Africa (MENA) region, has reported net profits of QAR615m ($169m) for 2023, compared to a net loss of QAR1,183m for 2022, according to a statement issued by the company.

    Middle East | 15 Feb 2024
  • MENA: AWRIS's underwriting performance supported by low loss ratios

    Bahrain-based Arab War Risks Insurance Syndicate (AWRIS) has a track record of strong operating performance, demonstrated by a five-year (2018-2022) weighted average combined ratio of 64.6% and a five-year return-on-equity ratio (ROE) of 6.7%, notes AM Best.

    Middle East | 17 Dec 2023