After the stress of the April 2024 rains, the UAE insurance industry continued its recovery path in the first half of 2025, building on the strong performance recorded in the first quarter, according to Badri Consultancy Management.
Sohar International Bank (SIB) has disclosed that it had applied to the Central Bank of Oman (CBO) for in-principle approval to make a non-binding offer for a stake of up to 100% in Insurance House (Bima).
Approximately 11.5m of the 20.3m households across Turkiye have compulsory earthquake insurance, representing an insurance coverage rate of 57.4%, according to data from the Turkiye Catastrophe Insurance Pool (TCIP). The coverage rate is considered inadequate in a country located in an earthquake...
The board of directors of Misr Insurance Company, Egypt's biggest non-life insurer, has announced the appointment of Mr Mohamed Mahran as the managing director of the company.