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Regional premiums surpass $57 billion (by GAIF)

Mr Chakib Abouzaid, Secretary General of the General Arab Insurance Federation (GAIF), stated that insurance premiums in the Arab region reached $57.094 billion last year. The markets of Saudi Arabia, the United Arab Emirates, and Morocco topped the list in terms of market share within the regional markets. Source: الهيئة

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Kuwait: Insurance Regulatory Unit issues 4 new resolutions

The Kuwaiti Insurance Regulatory Unit (IRU) has issued four regulatory resolutions regarding the renewal of licenses, cancellation of business activities, and prohibition of cash transactions for entities under its supervision. These measures were taken in accordance with Law no (125) of year 2019 regarding the regulation of insurance. Source: معلومات

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Global cyber risk and insurance survey 2026

The fourth edition of Munich Re’s “Global Cyber Risk and Insurance Survey” shows that cyber resilience is widely recognized by decision-makers as a strategic corporate priority. The results and findings underline the strong potential for cyber insurance moving forward. Source: Munich Re

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