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QIIB signs MoU to establish Takaful Insurance Company in Morocco

In view of the expansion of participatory financial and insurance services and an increase in the demand for these services in the Moroccan market, it was announced that a memorandum of understanding (MoU) was signed aimed at establishing a Takaful insurance company in...

Financially preparing your house for hurricane season

HARRISONBURG, Va. (WHSV) - The Atlantic hurricane season starts June 1, serving as a reminder for Virginians to review their insurance policies to ensure they have the coverage they need if a natural disaster strikes.“Protect yourself physically and financially before the waters start...

Cyber Insurance Policies Grow Pricey Amid Rising Hacks, Lawsuits

An uptick in data breach litigation and skyrocketing costs tied to ransomware attacks and other cybercrime are making it more difficult—and more expensive—for companies to secure insurance policies that help them cover financial hits.The changing insurance market and disagreements over policy exclusions are...

CNA Financial Q1 Earnings: Well Positioned For Higher Interest Rates (NYSE:CNA)

Although CNA's book value has been adversely affected by the changes that occurred in the fixed-income market, the insurer might be able to benefit from a higher interest rate environment. Generally speaking, insurance companies will benefit from rising rates and might...