by Shuja Al-Baqmi | Nov 3, 2016 | Business
Riyadh – Over the last nine months, earnings of Saudi insurance companies have increased 100% in comparison to last year. The insurance sector is expected to be one of the most important sectors participating in the growth of the domestic economy, and consequently the...
by Fatah Al-Rahman Youssef | Jul 30, 2014 | Business
Riyadh, Asharq Al-Awsat—Insurance companies in Saudi Arabia will suffer major losses during the Eid holiday season as a result of a spike in claims due to the increased incidents of motor accidents and health problems that tend to follow the Muslim holy month of...
by Shuja Al-Baqmi | Jul 17, 2014 | Business
Riyadh, Asharq Al-Awsat—Saudi Arabian insurance companies have raised their health insurance premiums after the Kingdom’s health insurance regulator recommended raising the upper limit of coverage in the country by 100 percent, a senior insurance company executive...
by Sharif Yamani | Jun 29, 2013 | Business
Cairo, Asharq Al-Awsat—A state of caution and anticipation surrounds the Egyptian Stock Exchange in central Cairo as it prepares for massive anti-government protests planned for June 30. Banks in central Cairo also implemented extensive security measures in order to...
by Asharq Al-Awsat | May 16, 2013 | Business
London, Reuters—London-based firm Cobalt has developed a Shari’a-compliant insurance platform that uses a syndication model to help spread risk across a panel of underwriters, a novel format that could boost capacity in the sector. Under the platform, Cobalt...
