December 29, 2023

Saudi Arabia: Insurance industry report Q3 2023

The insurance industry report pertaining to the Saudi market for quarter three year 2023 was released by SHMA Consulting. Source: Shmaglobal

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Bilal Jarjour

December 29, 2023

Ins premiums in Egypt reached 19.2 billion EGP during Q3 2023

In Egypt, the total insurance premiums in the period from July to September of the current year reached around 19.2 billion pounds, compared to approximately 14.5 billion pounds during the same period in year 2022, a growth of 32.1%. Source: Almalnews

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Bilal Jarjour

December 29, 2023

Egypt: Ins companies will begin implementing the IFRS next year

Dr Islam Azzam, Vice President of the Financial Regulatory Authority, said that year 2024 will witness insurance companies applying international financial reporting standards to strengthen companies’ competitiveness and increase the level of financial stability. Source: Amwal Al Ghad

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POSTED BY

Bilal Jarjour

December 7, 2023

Swiss Re: In 5 charts: cautious insurance outlook in challenging economic market

We expect high inflation, natural catastrophe losses and financial market losses to put pressure on the global insurance industry this year. (by Swiss Re) Source: Swiss Re

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Bilal Jarjour

December 7, 2023

Egypt: Insurance industry awaits incentives to list on stock exchange

A package of incentives and tax measures must be provided to attract more insurance companies to list on the stock exchange, according to insurance industry players in Egypt. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

December 7, 2023

Morocco: Long-term insurance savings lose appeal

The tax framework in Morocco has undergone significant changes, some of which have had a negative impact on long-term savings, according to Mr Mohamed Hassan Bensalah, the president of the Moroccan Insurance Federation (FMA). Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

December 7, 2023

KSA: Insurance Authority Emphasizes Need to Unify Efforts and Partner to Build and Develop Insurance Sector

The Insurance Authority (IA) held its first meeting with the CEOs of insurance companies, in a bid to strengthen communication with IA’s industry leaders, consolidate efforts to enhance the insurance industry, and establish robust insurance entities capable of competing and thriving. Source: Saudi Press Agency

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POSTED BY

Bilal Jarjour

July 23, 2022

Advantages and Disadvantages of Hiring a Writing Paper Service

If you are considering hiring a writing paper service should you be aware of certain amount of information. In this article we’ll go over some of the advantages and disadvantages associated with hiring a writing service. In addition, you will discover about quality assurance methods and costs associated with hiring a writer’s service. Also, we’ll…

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POSTED BY

Bilal Jarjour

June 2, 2022

Natural Disasters Cost Global Economy $32B in Q1

Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon Wednesday, 04 20 2022, Category: Nature, Country: World  Preliminary economic losses from natural hazards during the first quarter of 2022 totaled $32 billion, of which less than 50% (or $14 billion), was covered by public and private insurers, according to a report…

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POSTED BY

Bilal Jarjour

June 2, 2022

SCOR Warns of Ukraine Conflict Impact on Q1 2022 Results

SCOR Warns of Ukraine Conflict Impact on Q1 2022 Results Wednesday, 04 20 2022, Category: Insurance and Reinsurance, Country: France  Paris-based reinsurer SCOR said the company expects a first-quarter 2022 charge in the high double-digit million euros range for potential claims related to the Russia-Ukraine conflict across both treaty reinsurance and specialty insurance. Source: Insurance Journal

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POSTED BY

Bilal Jarjour