Saudi Arabia Insurance News

Saudi Re posted net income before Zakat and tax at SR28,951,773 in the last 12 months compared to net loss of SR34,305,879 for the same period the previous year. 

Saudi Re’s financial status rallies in 2012

It has been made mandatory for Saudi insurance companies to display their insurance policy premiums for vehicles from March. This follows a decision taken by Saudi Arabian Monetary Agency (SAMA) urging vehicle insurance companies to display their list of policies with the premiums. This has been done after Saudi vehicle insurance companies said in a communication to SAMA that their losses for 2012 were estimated at 80 percent.
New measures to regulate insurance market urged

Indian Insurance News

MetLife, Inc. (NYSE:MET) today announced that MetLife India has completed a partnership agreement with Punjab National Bank (PNB). Read more here:   MetLife India Insurance Company Limited and Punjab National Bank Life Insurance Partnership Finalized Read more here 

One of the news which will bring about a consolation to the people suffering with diabetes (sugar) is that they can have an exclusive insurance cover. Two of the insurance companies are planning a specialised health cover for diabetics or sugar patients.  Apollo Munich has already filed a diabetic cover with theInsurance Regulatory and Development Authority ( IRDA), Religare Health Insurance is planning to submit soon.

Insurance news for Diabetics, sugar patients

Insurance companies don't ask if you have donated an organ. The application forms ask if there is a scar of the body and the reason for it. When you say you donated an organ, the application is rejected," said Srinidhi. 
No Insurance cover for Organ donors

Public sector non-life companies are set to revise health insurance rates by 20-25% with the regulator moving fast on approvals of new plans.
Health cover set to cost 25% more

List of Insurance Providers in Saudi Arabia

Saudi Arabia - List of Agents, Brokers, Third Party Administrators, Loss Adjusters, Actuaries, Insurance Companies and Re-insurance Companies

Insurance and Reinsurance Companies, Agents, Brokers, Third Party Administrators, Loss Adjusters, Actuaries in Saudi Arabia

Insurance & Re-Insurance Companies in India

Some of the major Indian Insurance Companies 

Life Insurance Corporation of India
General Insurance Corporation of India
Oriental Insurance Company
New India Assurance Company Limited
United India Insurance Company Ltd.
National Insurance Company

Insurance and Reinsurance Companies in Saudi Arabia

1. The Company for Cooperative Insurance
2. Malath Cooperative Insurance and Reinsurance Company
3. The Mediterranean & Gulf Insurance & Reinsurance Co
4. Allianz Saudi Fransi Cooperative Insurance Company
5. SAUDI IAIC COOPERATIVE INSURANCE CO
6. Saudi United Cooperative Insurance Company
7. Arabian Shield Cooperative Insurance Company
8. SABB Takaful
9. Sanad Insurance & Reinsurance Cooperative Company
10. Saudi Arabian Cooperative Insurance Company
11. Saudi Indian Company for Co- operative Insurance
12. Gulf Union Cooperative Insurance Company
13. ALAHLI TAKAFUL COMPANY
14. Al-Ahlia Insurance Company
15. Allied Cooperative Insurance Group
16. Arabia Insurance Cooperative Company
17. Trade Union Cooperative Insurance Company
18. Al Sagr Co-operative Insurance Co
19. United Cooperative Assurance Co
20. Saudi Re for Cooperative Reinsurance Company
21. Bupa Arabia for Cooperative Insurance
22. Weqaya Takaful insurance and reinsurance company
23. Al-Rajhi Company for Cooperative Insurance
24. ACE ARABIA COOPERATIVE INSURANCE COMPANY
25. AXA Cooperative Insurance Company
26. Gulf General Cooperative Insurance Company
27. BURUJ COOPERATIVE INSURANCE COMPANY
28. Al Alamiya for Cooperative Insurance Company
29. Solidarity Saudi Takaful Co
30. Wataniya Insurance Company
31. Amana Cooperative Insurance Co
32. Saudi Enaya Cooperative Insurance Company
33. Alinma Tokio Marine Co