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News
Omantel partners with Liva Insurance to strengthen digital infrastructure and drive business resilience
4+ hour, 41+ min ago (347+ words) Zawya Omantel partners with Liva Insurance to strengthen digital infrastructure and drive business resilience Establishing Omantel as Liva's strategic telecommunications partner Muscat, Oman – As insurers across Oman invest in digital platforms and customer experience, the infrastructure behind those platforms matters…...
Qatar Islamic Insurance obtains license to operate in India
1+ week, 4+ day ago (83+ words) Zawya Qatar Islamic Insurance obtains license to operate in India The Qatar-listed insurance firm’s India business will function as a reinsurance branch The Qatar Islamic Insurance Group has obtained a license to conduct operations in India after receiving the greenlight…...
HSBC global insurance business head Moncreiffe to leave, sources say
3+ week, 4+ day ago (224+ words) HONG KONG - HSBC's global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the lender, according to two people with direct knowledge of the matter. Moncreiffe, who took over the role at…...
Insurance House reports $2.15mln profit in H1
4+ week, 2+ day ago (224+ words) Zawya Insurance House reports $2.15mln profit in H1 Insurance revenue rose by around 56 percent to AED278.57 million, compared with AED178.65 million in the first half of 2025 Insurance House PJSC reported a total comprehensive profit of AED7.89 million for the six months ended 30th June 2026, an increase…...
Union Insurance reports robust results for the first half of 2026
4+ week, 2+ day ago (213+ words) Dubai, UAE - Union Insurance Company, one of the leading providers of innovative customer-focused insurance solutions to individuals and organisations in the UAE, today announced its financial results for the six months ended 30 June 2026, delivering a strong performance driven by robust…...
Goldman Sachs, Talcott launch $1bln Bermuda reinsurance sidecar
1+ mon, 2+ day ago (185+ words) Talcott Financial Group and Goldman Sachs have launched a Bermuda-domiciled reinsurance sidecar West Grove Re, the life insurance provider said on Tuesday, which has so far raised $1 billion. The capital raise includes a credit facility and equity commitments from Talcott,…...
Gross insurance premiums in Saudi Arabia hit $22.59bln in 2025
1+ mon, 6+ day ago (357+ words) Gross written insurance premiums in Saudi Arabia increased by 10.7% in 2025 to reach SAR84.3 billion ($22.59 billion), compared with 2024, a report said. The Saudi Insurance Market Report 2025, issued by the Insurance Authority as part of its commitment to transparency, market development, and the…...
AM Best Affirms Misr Life Insurance Company's financial strength ratings of B++ ahead of IPO
1+ mon, 1+ week ago (367+ words) Zawya AM Best Affirms Misr Life Insurance Company's financial strength ratings of B++ ahead of IPO Stable outlook for the ninth consecutive year Cairo, Egypt – Misr Life Insurance Company- the leading insurer delivering innovative insurance solutions backed by solid financial…...
UAE: MoHRE issues guide on existing worker health insurance procedures
1+ mon, 2+ week ago (325+ words) Zawya UAE: MoHRE issues guide on existing worker health insurance procedures The new guide is limited to regulating processes already in place and automatically integrating them within the permit issuance and renewal system The Ministry of Human Resources and Emiratisation…...
Strong 2025 momentum masks structural challenges for global insurers—Bain & Company Global Insurance Report 2026
1+ mon, 2+ week ago (156+ words) Middle East: Global insurers delivered strong premium growth and improved profitability last year, but the industry’s recent gains are largely cyclical and mask unresolved challenges that it confronts, new research released today by Bain & Company finds. Digital investment has yet…...