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The Latest Breaking News from OIC

OIC orders 2 insurers to stop issuing new policies

The Office of the Insurance Commission (OIC) ordered Southeast Insurance and Thai Insurance to temporarily suspend the issuance new non-life insurance policies and urged both companies to rectify their financial positions within a specified period.

Bangkok Post

OIC is guided by political agenda: India

India asks Organisation of Islamic Cooperation not to back terror groups

The Hindu

Southeast Insurance, Thai Insurance ordered to suspend non-life policy sales

The Office of Insurance Commission (OIC) has ordered two insurance firms, Southeast Insurance and Thai Insurance, to temporarily suspend the sale of their non-life policies.

Bangkok Post

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OIC Condemns Israeli Efforts to Build New Settlements in Jordan Valley

The Organization of Islamic Cooperation (OIC) on Sunday condemned the Israeli occupation authorities’ approval of new plans to build 730 new housing units in the town of Beit Hanina, north of occupied Jerusalem. “This decision is a continuation of Israel’s blatant violations of international law and relevant United Nations resolutions,…

Asharq Al-Awsat

OIC Condemns Missile Attack on Iraq’s Erbil

The General Secretariat of the Organization of Islamic Cooperation (OIC) condemned on Sunday in the strongest terms the terrorist attack in the northern Iraqi city of Erbil. Secretary-General of OIC Hussein Ibrahim Taha affirmed his organization's stand and solidarity with Iraq in the measures it takes to protect its security.…

Asharq Al-Awsat

OIC, MWL Welcome UN Classification of Houthis as Terrorist Group

The Organization of Islamic cooperation (OIC) and the Makkah-based Muslim World League (MWL) have welcomed the decision of the UN Security Council to classify Yemen’s Houthi militias as a terrorist group. The Jeddah-based OIC expressed hope that this decision would contribute to putting an end to the terrorist acts of…

Asharq Al-Awsat

OIC Secretariat has communal mindset: India

OIC had asked U.N. to take ‘necessary measures’ on hijab controversy

The Hindu

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OIC Chief: Consultations to Unfreeze Afghan Funds

Secretary-general of the Organization of Islamic Cooperation (OIC) Hissein Brahim Taha has revealed that the 57-member body and the Islamic Development Bank (IDB) are negotiating with international parties to unfreeze Afghan assets. This push is meant to help resolve Afghanistan’s economic crisis. Meanwhile, Taha said the OIC is urging the…

Asharq Al-Awsat

OIC assures on insurance

The Office of the Insurance Commission (OIC) has vowed to tighten its supervision to restore public confidence in the industry, which has been hit by cash crunches during the prolonged pandemic.

Bangkok Post

King Salman Underscores OIC's Role in Uniting Muslims, Shunning Extremism

Secretary General of the Organization of Islamic Cooperation (OIC), Hissein Brahim Taha received on Monday a written message from Custodian of the Two Holy Mosques King Salman bin Abdulaziz. King Salman stressed the confidence the OIC chief enjoys among members of the organization, highlighting Taha's determination to develop its work…

Asharq Al-Awsat

OIC seeks to reassure policyholders

The Office of the Insurance Commission (OIC) says Southeast Insurance has not been approved for liquidation, stressing that all coverage for policyholders is still in place.

Bangkok Post

Iranian Diplomats Partake in OIC Meetings for First Time in 6 Years

For the first time in six years, Iranian diplomats are participating in the Organization of Islamic Cooperation (OIC) meetings.

Asharq Al-Awsat

OIC rejects bid to cancel lump sum Covid payments

The Office of the Insurance Commission (OIC) unanimously ruled against revoking an order that bans insurance companies from cancelling Covid-19 lump sum payments, saying it would be unfair to the policyholders.

Bangkok Post

Iranian Diplomats Arrive in Saudi to Take up Organization of Islamic Cooperation Posts

Three Iranian diplomats have arrived in Saudi Arabia to take up posts at the headquarters of the Organization of Islamic Cooperation (OIC) in Jeddah. The diplomats had arrived in the Kingdom in the past two days. Saudi Arabia and Iran had severed relations in 2016 after riots and attacks on…

Asharq Al-Awsat

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Bangkok Post

Two firms file lawsuit against OIC head

Southeast Insurance and Thai Insurance filed a lawsuit against Suttipol Taweechaikarn, secretary-general of the Office of Insurance Commission (OIC), accusing him of unlawfully forbidding insurance firms from terminating Covid insurance policies with a lump sum payment and causing serious damage to the companies.

Al Jazeera

Iran to reopen OIC representative office in Saudi Arabia

Diplomats are in Jeddah to launch office after six years as Iran and Saudi Arabia prepare for a fifth round of direct talks.

Reuters

Iranian diplomats arrive in Saudi to take up Organisation of Islamic Cooperation posts

Three Iranian diplomats have arrived in Saudi Arabia to take up posts at the headquarters of the Organisation of Islamic Cooperation (OIC) in Jeddah, an Iranian foreign ministry spokesman said on Monday.

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