The 10th Aqaba International Insurance Conference (Aqaba Conference 2025) will be held from 11 to 14 May 2025. The conference, themed "Bridging Insurance Future with Technology" is already making traction in the Jordan insurance market and abroad...
Saudi Reinsurance Company (Saudi Re) has announced the results of the subscription to the new shares issued as part of its capital increase exercise, with suspension of pre-emptive rights. The announcement came following the closure of the of trading on 30 December 2024.
The UAE insurance sector maintained its growth trajectory in the first three quarters of 2024 as well. According to the Quarterly Economic Review issued by Central Bank of UAE (CBUAE) in December 2024, gross written premiums (GWP) for the insurance sector grew by 20.9% touching AED50.8bn ($13.8bn)...
The Central Bank of Jordan (CBJ) has rejected the demand to raise the motor third party liability (MTPL) rates. The country's insurance industry had submitted a proposal in this regard to CBJ in December 2024.