Install
Please confirm you are human
This browser or connection looks automated. Press and continuously hold the control for 3 seconds to enable Google-hosted web results and, when separately allowed, AI-assisted answers.
A successful check enables 100 search requests. Interactive access does not authorize scraping, systematic collection, or reuse of search output.
News
Rising shipping insurance costs prompt GCC importers to adapt transit routes
2+ day, 16+ hour ago (359+ words) | Gulf Times Gulf Times Rising shipping insurance costs prompt GCC importers to adapt transit routes Ongoing geopolitical friction in the Middle East has pushed shipping insurance costs through the Strait of Hormuz to roughly five times pre-war levels, prompting GCC…...
Saudi Arabia Shields Supply Chains with National War-Risk Insurance Pool
2+ day, 15+ hour ago (1612+ words) Trade can grind to a halt before ports close or shipping lanes are blocked. Disruption can begin elsewhere, when cargo or vessels become too costly or difficult to insure, or when markets are unable to provide adequate coverage for war-related…...
‘Disciplined Pricing’: Saudi Arabia Tightens Motor Insurance Oversight, Protects Competition
2+ day, 23+ hour ago (1711+ words) Saudi Arabia’s Insurance Authority is tightening oversight of motor insurance pricing to ensure rates are fair, sound and sustainable, while curbing practices that could undermine competition. It has also introduced six regulatory standards for motor insurance pricing, requiring insurers to…...
Jio Financial eyes wider base, targets 100 million customers within the next year
3+ day, 7+ hour ago (176+ words) Jio Financial Services is targeting nearly a four-fold expansion in its customer base to 100 million over the next year as it scales lending, investments, insurance and payments through its digital ecosystem. Jio Financial CEO Hitesh Sethia told CNBC TV18 on the…...
Kuwait broker deal exposes shrinking space for GCC independent
4+ day, 14+ hour ago (621+ words) An acquisition in Kuwait by a Gallagher-affiliated regional group reflects a pattern that is reshaping who controls insurance distribution across Gulf markets – and what it means to operate independently. ACE Gallagher Holding announced on September 7 the acquisition of United Partners…...
Aamra Networks shares crash 10.6% on negligible 1-paisa payout
6+ day, 13+ hour ago (375+ words) Monday September 07, 2026 Shares of Aamra Networks Limited plummeted by 10.60% today (6 September), hitting a multi-year low after the company recommended a nominal 1-paisa dividend for its general shareholders for the fiscal year ended 30 June 2025. The sharp decline in the stock price…...
Tawuniya EGM approves 1-for-2 bonus share issue
1+ week, 1+ hour ago (140+ words) Logo of Company for Cooperative Insurance (Tawuniya) The Company for Cooperative Insurance (Tawuniya) said its extraordinary general meeting (EGM) approved a 50% increase in the company’s capital to SAR 2.25 billion. The increase will be funded through the capitalization of SAR 750 million…...
PM Shehbaz backs Rs3bn export insurance plan to boost SMEs
1+ week, 14+ hour ago (397+ words) EDF and EXIM Bank initiative aims to widen export credit insurance access and support Pakistan’s shift toward an export-led economy. Prime Minister Muhammad Shehbaz Sharif has welcomed a new initiative to provide export insurance coverage to small and medium-sized enterprises…...
Empower closes US$340 million Milliman deal
1+ week, 3+ day ago (543+ words) Great-West Lifeco's US subsidiary Empower has closed its acquisition of Milliman's retirement plan and benefits administration business, first announced on June 30. The deal adds roughly 400 defined benefit plans covering about 790,000 participants and US$80 billion in client assets, more than 1,100 defined…...
CIC Insurance H1 Profit Surges 70% on Investment Gains
1+ week, 4+ day ago (777+ words) Profit before tax increased 30.2% to KSh1.56 billion, while insurance revenue expanded 17.8% to KSh16.34 billion from KSh13.87 billion. Investment returns provided one of the biggest earnings boosts, climbing about 44% to KSh3.96 billion from KSh2.75 billion. Investment performance was central to CIC’s stronger first-half result. Returns climbed…...