While total net profit across 76 listed GCC insurers held steady at $1.2bn in 1H2025, the overall performance was weighed down by Saudi insurers, who saw profits decline by 40.3%, with only six out of 25 recording higher earnings, according to a...
The Insurance Regulatory Unit has issued a resolution concerning rules for issuing mandatory insurance policies in Kuwait, excluding civil liability insurance resulting from traffic accidents (compulsory vehicle insurance).
The UAE insurance sector demonstrated adequate solvency, sustained profitability, and growth across key performance indicators, ensuring the protection of policyholders, according to the Central Bank of the UAE (CBUAE) in its recently released "Financial Stability Report 2024".