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Saudi Re is pleased to announce that Lloyd's has granted approvals
(Tadawul - 27/09/2017)

Following announcement on 30-07-2017, with respect to Saudi Re announcing signing off a Shareholder Agreement with Probitas Holdings (Bermuda) Limited (PHBL), through which Saudi Re will purchase 49.9% of the ordinary shares of PHBL, Saudi Re is pleased

WALAA announces license renewal from SAMA
(Tadawul - 25/09/2017)

United Cooperative Assurance Company announces obtaining of Saudi Arabian Monetary Authority License renewal of practicing insurance and reinsurance activities on 01/01/1439H corresponding to 21/09/2017, for the period of three years starting on

MEDGULF resume trading after capital reduction
(Tadawul - 25/09/2017)

The Mediterranean and Gulf Insurance and Reinsurance Co. EGM held on Friday 22/09/2017 has approved the capital reduction. Thus, the fluctuation limits for The Mediterranean and Gulf Insurance and Reinsurance Co. will be based on a share price of SAR

Tawuniya offers private motor insurance program
(Arab News - 22/09/2017)

The Company for Cooperative Insurance (Tawuniya) has launched a comprehensive private motor insurance program. Al-Shamel program offers vehicle owners an insurance cover for any accidental loss or damage caused to the insured car — without an additional

Doha Insurance Group’s rating reaffirmed
(The Peninsula - 20/09/2017)

Doha Insurance Group (DIG) Chairman SH. Nawaf Nasser bin Khaled Al Thani (pictured) has stated that “A.M.Best” Rating Agency has reaffirmed the current rating of DIG atA- with a stable outlook. We are pleased with the decision,His Excellency added,

Qatar Insurance to Focus on New Markets to Offset Saudi-Led Spat
(Bloomberg - 19/09/2017)

Qatar Insurance Co., the Middle East and North Africa’s largest insurer by market capitalization, is focusing on new countries to offset the impact of the Saudi-led campaign to isolate the gas-rich Arab state, a senior executive said. “The spat has made

Takaful Emarat accelerates digital growth with Bayzat Alliance
(CPI Financial - 19/09/2017)

Takaful Emarat, the DFM-listed Shari'ah-compliant Life and Health Takaful provider has announced a strategic long-term alliance with Bayzat, a rapidly growing UAE-based technology business that provides innovative insurance and HR solutions. “Bayzat is a