Dubai-based Yallacompare raises $8m for MENA expansion
Dubai-based financial comparison platform Yallacompare has raised $8 million in its latest round of funding, led by venture capital firm...
Middle East
Iran considering Insurance-Linked Securities market for reinsurance
Iran is considering the development of new financial products, including insurance-linked securities and Islamic bonds, to alleviate the US sanctions...
Turkey’s debt rating hit on concerns over hard landing risks
Turkey’s recent debt rating cuts are stoking fears of the potential for a hard landing due to a depreciating lira,...
Munich Re backs Mellat Insurance in fresh agreement
Munich Re has recently entered into a reinsurance agreement with Iranian insurer Mellat Insurance. The contract which was finalized at...
Insurers to capitalise on Saudi Arabia lifting women driving ban
Insurers are set to profit from the recent Saudi Arabia announcement to end a longstanding royal policy that prohibited women...
Ransom Insurance: The US $400 Million Payment to Iran
A political scandal in the United States is shining a spotlight on an obscure and morally-questionable sector of the insurance...
Trust Re approved as Lloyd’s coverholder
Trust Re subsidiary, Trust Insurance Management (TIM) was approved as a Lloyd’s of London coverholder, last week. This allows Trust Insurance...
Markel and Talbot team up to launch D&O binder in Dubai
Markel International and Talbot Underwriting have teamed up to provide a new binder facility with a capacity of up to...
