Syrian Insurance Supervisory Commission (48)

20-05-2020

Insurance premiums in Syria increased last year despite remaining only a fraction of their pre-2011 level in real terms.

20-05-2020
24-07-2019

The Syrian Insurance Supervisory Commission (SISC) has released its annual report on the performance of healthcare benefits management companies last year.

26-03-2019

Several Syrian banks have reopened a branch in the southern city of Daraa as they start a slow expansion of their network.

02-10-2018

Syria’s insurance companies generated SYP 17.4 billion in premiums in the first half of this year, according to the Syrian Insurance Supervisory Commission.

20-09-2016

Preliminary data indicate that premiums generated by private sector insurance companies grew by around a third in the first half of this year.

10-05-2016

Syria’s insurance market grew 23 percent last year, according to the industry’s regulator.

01-03-2016

Private investment fell sharply last year in Syria, after a relative respite in 2014, data from a government body indicate.

06-11-2015

The premiums generated by Syrian private sector insurance companies fell 3.27 percent to SYP 3.0 billion in the first half of this year, according to the Syrian Insurance Supervisory Commission.

18-06-2015

The annual report by the insurance market regulator shows that claims paid by the industry increased 50 percent year-on-year in 2014.

15-06-2015

Syria’s insurance market grew 4.27 percent in nominal terms last year, according to official data but continued to decline in real terms.

18-08-2014

Syria’s insurance market continued to decline last year and was worth, in dollar terms, less than a quarter of its value in 2010.

26-05-2014

Preliminary figures from the Syrian insurance market regulator indicate a nominal decline of 13.1 percent in the size of the market in 2013 compared to the previous year.

23-09-2013

Syria’s insurance market declined 13 percent in 2012 according to data published by the industry’s regulatory institution.

26-08-2013

Syria’s insurance market in 2012 was dominated by the health sector, according to the industry’s regulatory institution.

13-02-2013

The number of projects licensed last year by the Syrian Investment Agency declined 75 percent on an annual basis.

05-12-2011

Syria’s insurance market declined by 13 percent in the third quarter of this year compared to the same period of 2010, according to statistics released by the industry’s regulator.

29-08-2011

Syria’s insurance market rose 5.99 percent in the first half of this year compared to the same period of 2010 to SYP 10.35 billion, although premium income declined during the second quarter.

30-05-2011

Syria's insurance market rose 26.37 percent in the first quarter of 2011 compared to the same period of last year, to SYP 4.4 billion, according to the Syrian Insurance Supervisory Commission.

24-05-2011

The Syrian Investment Agency (SIA) said that it had licensed 96 investment applications across the country in the first quarter of this year, a year-on-year decrease of 8.5 percent.

03-01-2011

The Minister of Finance has issued a decision allowing the licensing of reinsurance brokers in Syria, including the entry in the market of foreign operators.

25-10-2010
Premiums collected by Syrian insurance firms reached SYP 14.6 billion in the first nine months of this year, according to the latest statistics of the Syrian Insurance Supervisory Commission (SISC).
01-08-2010
Syria’s insurance market grew by around 50 percent following the enforcement of a health insurance system for civil servants.
07-06-2010
The Minister of Finance has issued i decision regulating the operations of healthcare management services firms.
24-05-2010
Syria’s insurance market reached SYP 3.5 billion in the first quarter of 2010, an increase of 13 percent compared to the same period of last year.
15-03-2010
Ibdaa Small and Micro Finance Bank, Syria's first bank for the poor, should launch its operations within two months after its bylaws are approved.
08-02-2010
Dubai Islamic Insurance and Reinsurance Company, known as AMAN, has been granted an extension period of six months to set up a Takaful insurance firm in Syria.
01-02-2010

Syria’s insurance market rose by 14.4 percent in 2009 to SYP 14.3 billion, according to the Syrian Insurance Supervisory Commission.

02-11-2009
Premiums collected by Syrian insurance firms reached SYP 10.4 billion in the first nine months of this year, a 15.3 percent increase compared to the same period of 2008, according to the Syrian Insurance Supervisory Commission (SISC).
27-07-2009
Insurance premiums reached SYP 6.56 billion in the first half of this year, according to data from the Syrian Insurance Supervisory Commission (SISC).
27-07-2009

Syrian insurance firms have set-up a pool, to be managed by the Syrian Insurance Federation (SIF), to offer third party car insurance.

25-05-2009
The Syrian Commission on Financial Markets and Securities (SCFMS) has asked the founding shareholders of Nour Takaful Company to dissolve the company after the IPO it organized failed to raise money.
03-05-2009

Nour Takaful’s IPO has been closed with the Islamic insurance firm unable to raise the money needed to cover its capital.

15-02-2009

The Syrian insurance market stood at SYP 12.4 billion in 2008, according to the Syrian Insurance Supervisory Commission.

01-09-2008
Premiums collected by Syrian insurance companies in the first half of this year reached SYP 5.25 billion, a 23 percent year-on-year increase, according to the Syrian Insurance Supervisory Commission (SISC).
09-06-2008
The total premiums of the insurance industry reached SYP 2.542 billion (USD 55.2 million) in the first quarter of this year, according to the Syrian Insurance Supervisory Commission (SISC).
07-04-2008
Insurance premiums reached SYP 9.29 billion (USD 193.5 million) last year, according to the Syrian Insurance Supervisory Commission (SISC).
02-12-2007
Insurance premiums reached SYP 6.61 billion in the first three quarters of this year, according to the latest statistics from the Syrian Insurance Supervisory Commission.
03-09-2007

The total premiums of the insurance industry reached SYP 4.28 billion in the first half of this year, according to the Syrian Insurance Supervisory Commission.

16-07-2007

A decision issued by the Syrian Insurance Supervisory Commission (SISC) provides the guidelines for investment by Syrian insurance firms.

02-07-2007

The total premiums of the insurance industry reached SYP 2 billion in the first quarter of this year, according to the Syrian Insurance Supervisory Commission.

23-04-2007
The Syrian Insurance Company is already suffering from competition in spite of a growth in the size of the insurance market
09-04-2007

The total premium collected by private insurance firms in Syria reached SYP 425 million (USD 8.5 million) last year according to the Syrian Insurance Supervisory Commission

26-02-2007
Adonis Insurance and Reinsurance (ADIR) received on February 25 a preliminary license from the Syrian Insurance Supervisory Commission to open an insurance company in Syria.
26-02-2007

Nour Financial Investment Company (Nour), a Kuwait-based investment firm, plans to open an Islamic bank in Syria with a capital of USD 200 million.

29-01-2007

Insurance premiums collected by the private insurance companies operating in Syria stood at between SYP 400 million and SYP 500 million (USD 7.8 million -9.8million) in 2006 according to the head of the Syrian Insurance Supervisory Commission (SISC), A...

01-12-2005
Two additional ventures have received a preliminary approval by the Syrian Insurance Supervisory Commission (SISC) to establish new insurance companies in Syria.