The Algerian Unified Automobile Bureau (BUAA) has lined up several digitalised insurance services for auto insurers which will also benefit motorists.
Preparations to transform the Turkish Compulsory Insurance Pool (TCIP) from covering compulsory earthquake insurance to providing mandatory disaster insurance have been completed, except for legislation to be enacted by Parliament.
The profitability metrics of insurers in Qatar, particularly underwriting performance and ROE, outperform those of other GCC insurers, according to S&P Global Ratings credit analyst Emir Mujkic.
Government initiatives to tap funding from the Gulf Cooperation Council (GCC) countries and Islamic multilateral institutions, diversifying the financial sector and boosting financial inclusion, could support the growth of the Islamic finance industry in Central Asia, Fitch Ratings has indicated.