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The Egypt commercial insurance market size was valued at USD 2.96 Billion in 2025 and is projected to reach USD 5.33 Billion by 2034, growing at a compound annual growth rate of 6.73% from 2026-2034. Source: imarcgroup
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Insurance professionals are optimistic that proposed amendments to Algeria’s insurance law would promote the development of the industry as the legislation moves closer to enactment. Source: Middle East Insurance Review
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Kuwait’s Insurance Regulatory Unit (IRU) obligated insurance and reinsurance companies operating in the country to obtain a credit rating from an accredited international agency that meets the prescribed minimum standards. Source: أرقام
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The Turkish insurance sector has shifted its focus to domestic and national technology initiatives in its digital transformation journey. Source: Middle East Insurance Review
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The agricultural sector in Algeria is currently working to expand agricultural insurance coverage to include the various natural disasters resulting from climate change. Source: Middel East Insurance Review
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The Financial Regulatory Authority revealed, in its monthly performance report and the elapsed period of 2025 for non-banking financial activities, that commercial and Takaful insurance activities achieved notable growth rates during the first 11 months of 2025. Source: المال
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The Middle East insurance market is set for growth in 2026, fueled by regulatory expansion, digital innovation, and rising demand for private healthcare. Source: RGA
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To stay relevant and profitable amid numerous legacy risks and a growing range of emerging risks, insurers and reinsurers will need to not only focus on risk transfer but also place greater emphasis on loss prevention—stopping risks from materializing into losses. Source: Middle East Insurance Review
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James Mahon, Reinsurance Pre-Sales Lead at DXC Technology, emphasized that in an increasingly complex and softening market, re/insurers must rethink their renewal strategy and invest in automated renewal management rather than relying on manual, people-dependent processes. Source: Reinsurance News
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The Egyptian insurance sector enters 2026 standing on the threshold of a new phase characterized by deep structural changes, driven by rapid economic, legislative, and technological developments. Source: أموال الغد
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