Egypt’s FRA issues first-ever rules for reinsurers to boost market oversight
Egypt’s Financial Regulatory Authority (FRA) on Monday introduced its first comprehensive regulations for…
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reinsurance companies
FRA sets unified fiscal year for insurance firms starting ’25
Egypt's Financial Regulatory Authority (FRA) has issued a decision setting the fiscal year for insurance and…
Kuwait Re Eyes KWD 37 Mln Premiums In 2013
Kuwait Reinsurance Company targets to achieve premiums of KWD 37 million in 2013 from KWD 36 million in 2012, said…
Africa Re Eyes US$ 770 Mln Premiums In 2013
African Reinsurance Corporation (Africa Re) targets to achieve premiums of US$ 770 million by the end of 2013, said…
Africa Re Eyes Launching 4 New Regional Offices
The African Reinsurance Corporation (Africa Re) plans to inaugurate four new regional offices in Africa in the…
Munich Re Expects Strong Insurance-Sector Growth Until 2020
According to a study by Munich Re, the global insurance market will grow strongly in the years to come. Munich…
Royal Insurance Company Prepares To Renew Reinsurance Agreements Next July
Royal Insurance Company is getting ready to finalize the procedures of renewing reinsurance agreements, sources…
Munich Re Starts Financial Year 2013 With Quarterly Profit Of €979 Mln
The first three months of 2013 went very well for Munich Re Group-wide. Thus Munich Re posted a consolidated…
Swiss Re Delivers Q1 Group Net Income Of US$ 1.4 Bln
Swiss Re reports a very strong Group net income of USD 1.4 billion for the first quarter of 2013, 21% higher than…
Swiss Re Shareholders Approve Board Of Directors Proposals
Swiss Re shareholders approve all proposals put forward by its Board of Directors Shareholders approve an…
Munich Re Optimistic For 2013 – Profit Guidance Of Close To €3 Bln
Following the pleasing result for 2012, Munich Re is aiming for a profit of close to €3bn for the current year.…
Misr Insurance Renews Reinsurance Agreements For 2013
Misr Insurance Company succeeded in renewing reinsurance agreements for 2013, said Dr. Adel Moussa, chairman of the…
Wethaq Takaful In Talks With Reinsurers To Renew Contracts
Wethaq Takaful Insurance Company is conducting negotiations with foreign reinsurers to renew reinsurance agreements…
Egyptian Saudi Insurance House In Talks With Reinsurers
The Egyptian Saudi Insurance House has started negotiations to renew reinsurance agreements for the next year, said…
Munich Re Tops Global Reinsurers List
Germany’s Munich Reinsurance Company topped A.M. Best’s Review List of world’s largest reinsurance groups in 2010…
Arab Reinsurance Reports EGP 5.4 Mln Profit In 2011
Arab Reinsurance Company’s profit reached EGP 5.496 million in 2011. The company transferred 10% of profit, EGP…
Media Raises Fake Concerns On Reinsurance Agreements
There is no doubt that media was a main player in raising concerns elaborated about a fake disagreement between…