Insurance firms in Egypt recorded a significant increase in their capital amounting to USD549.8 million, according to a statement by the Financial...

The Central Bank of Bahrain has granted a license to Cigna Life Insurance Company of Europe S.A. – N.V. (Cigna) to open...

Across two power-packed days, an engaged audience of over 300 key industry leaders gathered from various markets comprising the GCC, Asia, Africa,...

Oussama Kaissi calls for uniformity in takaful regulations around the world to add maturity to the industry and give impetus to the...

User charges employed in the health insurance system bring equilibrium to the issue of healthcare cost versus benefit, writes Dr. Faraz T. Khan. Given the complexities of healthcare delivery, costs...

Control Risks lists the top five risks for 2019 and the impact to the regional order of business. A forecast made in Control Risks’ annual RiskMap, a political and security...

Sylvain Villeroy de Galhau speaks to Premium on the perception of run-off in the regional insurance market.   Run-off is not a new concept, but is still a growing trend in the region. Hitherto perceived in negative light, run-off is shedding its stigma, with more cases being witnessed in the...

Yolla El-Khoury, executive group vice president of ACE Holding stays positive in a soft market scenario and looks to bring in efficiency and cost-effectiveness through innovation and diversification in the operation. In spite of the Middle East retaining its attractiveness for the global reinsurance market, the soft pricing, pressures to...

A man has been sentenced to five counts of presenting fraudulent claims for insurance payment. He was allegedly the ring leader of a gang of 21 suspicious persons committing similar transgressions. The insured coordinated and...

Three advocates who filed duplicate insurance claims for the same motor accident case were recently suspended from practice for a five-year term by a disciplinary committee of their respective Bar Council. Their transgressions had initially come to...

A woman’s home was caught in the middle of flash flooding, forcing her to go by boat to retrieve her belongings. She said the bottom floor of her home was filled to the brim with...

Some insurers are now picking up on a trend of skipping the provider and sending massive checks for treatment directly to the patient. A lawsuit was promptly issued by the provider, a signal of an...