Saudi Arabia: Shura Council Issues Decision on the Insurance Authority’s Annual Report for the Fiscal Year
The Saudi Shura Council has issued a decision on the annual report of the Saudi Insurance Authority for the fiscal year, including a set of recommendations aimed at developing the insurance sector and enhancing its efficiency and sustainability. Source: Al Morakeb
UAE: Digital transformation boosts the competitiveness of mid-sized insurance companies
The journey of digital transformation plays a key role in enhancing the competitiveness of mid-sized insurance companies in the UAE, as modern technologies help reduce operational costs, improve customer experience, and offer innovative insurance products specifically designed to meet the rapidly evolving market needs. Source: تأمين و مصارف
Egypt: Financial Regulatory Authority discusses with insurance companies’ ways to boost the insurance market
The head of the Financial Regulatory Authority confirmed that boosting the insurance market is a top priority for the authority at the moment, as part of a strategy aimed at increasing the insurance sector’s contribution to GDP and expanding the base of beneficiaries from insurance services, in line with the
Morocco: Insurance Federation announces study on boosting expertise
The Moroccan Insurance Federation (FMA) has launched a consultation exercise to conduct a study on the analysis and strengthening of the role of insurance experts in the Moroccan insurance sector. Source: Middle East Insurance Review
Egypt: 5.4 million beneficiaries of the comprehensive health insurance system and expansion of the “100 million Seha” initiative
Egypt is benefiting from a major expansion in its healthcare services, with the number of beneficiaries under the comprehensive health insurance system reaching approximately 5.4 million people across 6 governorates as of April 2026. This expansion runs in parallel with the success of the presidential “100 million Seha” (100 million
Middle East: 1 July renewal rates drop 10-15% as focus stays on reinsurance continuity
Reinsurance renewals in the Middle East remains concentrated on ensuring continuity of cover for clients during the evolving geopolitical tensions between Iran and the US, according to Guy Carpenter. Source: Middle East Insurance Review
Turkiye: Regulator takes new measures against illegal claims brokers
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has implemented the fourth phase of its action plan to make vehicle depreciation claim processes in compulsory motor third-party liability (traffic) insurance faster, fairer, and more transparent. Source: تأمين ومصارف
General: Geopolitical tensions are pushing the reinsurance market to develop new products and expand capacity
Guy Carpenter, the reinsurance brokerage arm of Marsh, revealed that geopolitical tensions are increasingly affecting reinsurance markets, especially in specialized lines. This has led companies to develop new products and boost innovation to meet the changing needs of the markets. Source:المال
The Saudi Shura Council has issued a decision on the annual report of the Saudi Insurance Authority for the fiscal year, including a set of
The journey of digital transformation plays a key role in enhancing the competitiveness of mid-sized insurance companies in the UAE, as modern technologies help reduce
The head of the Financial Regulatory Authority confirmed that boosting the insurance market is a top priority for the authority at the moment, as part
The Moroccan Insurance Federation (FMA) has launched a consultation exercise to conduct a study on the analysis and strengthening of the role of insurance experts
Egypt is benefiting from a major expansion in its healthcare services, with the number of beneficiaries under the comprehensive health insurance system reaching approximately 5.4
Reinsurance renewals in the Middle East remains concentrated on ensuring continuity of cover for clients during the evolving geopolitical tensions between Iran and the US,