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Insurance
Insurance companies operating in the Middle East and North Africa (MENA) region have encountered supressed growth rates due to economic and political uncertainties, according to AM Best. 1 February 2018
Insurance
Specialist Lloyd's insurance group Chaucer has gained authorisation to set up an operation in the Dubai International Financial Centre (DIFC). 6 December 2017
Insurance
India is expected to be among the countries experiencing the highest growth in P&C insurance in the coming years, followed by Saudi Arabia and Indonesia, according to the latest Quarterly InsurTech Briefing Q3 2017 by Willis Towers Watson. 1 November 2017
News
Russian National Reinsurance Company (RNRC) aims to expand into China, India, the Middle East and Africa to increase income from premiums and diversify beyond Russia, Reuters cited the chief executive as saying. 22 September 2017
Insurance
The specialised agency of the African Union African Risk Capacity (ARC) has launched an outbreak & epidemic (O&E) insurance for African governments. 20 September 2017
News
Africa Reinsurance Corporation (Africa Re) said on Sept. 19 that Daryl De Vos, managing director of Africa Re South Africa (ARCSA) has resigned. 20 September 2017
Insurance
Re/insurance broker Ed said on Sept. 19 that it appointed Minesh Jani as chief executive of Middle East and North Africa (MENA), India and Indian sub-continent. 19 September 2017
Insurance
American International Group (AIG) has placed the first Shariah-compliant insurance policy in the Middle East and North Africa region (MENA) for merger and acquisitions activity. 14 September 2017
News
Speciality insurance provider NexAssure Group said Aug. 23 that it is set to open a specialist managing general agent, NexAssure Agency (UK) in London. 23 August 2017
Insurance
Given the fiscal pressures in the member states of the Gulf Cooperation Council (GCC), the introduction of value added tax (VAT) seems inevitable and could cause short-term cash-flow issues for insurers, according to AM Best. 6 June 2017
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