Tunisia's General Insurance Committee (CGA) is working on a new Insurance Code to be adopted, likely this year. The objective of the overhaul of the legislative framework governing the insurance sector is to adapt it to international standards and...
The specialist run-off acquirer and manager, AXA Liabilities Managers (AXA LM), has entered into an agreement to acquire a majority stake in Emirates Re, once the largest independent international Islamic reinsurer handling retakaful business.
Corporate and infrastructure sukuk issuance in the GCC declined in the first half of this year, S&P Global Ratings has noted. S&P expects the 2018 GCC issuance volumes to remain well below 2017 levels.