The Financial Regulatory Authority (FRA) is extending the grace period for insurers to adhere to the Unified Insurance Law by a year, starting on 11 July.
The National Authority for Integrity, Prevention and the Fight against Corruption (INPPLC) and the country's three financial-sector authorities, have approved a 2025-2026 roadmap focussing on anti-graft training, transparency, and targeted sector-specific actions.
S&P Global Ratings has upgraded the long-term issuer credit and insurer financial strength ratings for Al-Khaleej Takaful Insurance Co (AKTI) to 'A-' from 'BBB+' (positive). The outlook is 'Stable'.
HDI Global has appointed Ms Alexandrine Ajavon as general manager global network Africa.