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The Superintendency of Insurance and Social Welfare in Morocco has launched the ÉMERGENCE development program in order to keep pace with the digital transformation in the insurance sector. Source: Middle East Forbes
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78 listed GCC insurers reported a total after-tax profit of $2.1bn in FY2024, according to the latest “GCC Performance Periodical” Source :Middle East Insurance Review
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The insurance amount in the personal accident policy for Egyptians working abroad has been raised to EGP 250k as of early July, compared to EGP 100k currently. Source: اموال الغد
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Despite cyber premium growth slowing in the past two years, Munich Re has suggested that global premium volume will more than double by 2030, growing at an average annual growth rate of more than 10%. Source: Reinsurance News
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A new survey has revealed that uncertainty around long-term earnings sustainability, emerging risks and affordability pose new challenges for insurers through 2030. Source: Asia Insurance Review
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Demographic, economic and regulatory developments in Algeria appear to bode well for the country’s insurance market, which looks primed for growth, expansion, foreign investment and profitability, according to a new report from AM Best. Source: AM Best
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In Egypt, the new Unified Insurance Law, issued by Law no 155 of year 2024, defines the conditions for practicing all insurance branches. Source: اليوم السابع
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InvGenAss2025Download
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A new survey has revealed that uncertainty around long-term earnings sustainability, emerging risks and affordability pose new challenges for insurers through 2030. Source: Asia Insurance Review
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In Jordan, insurance Lawyer Mr. Mohammed Al-Shahwan confirmed that the new insurance law criminalizes the act of selling the right to claim compensation to another person. Source: Al Morakeb Group
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