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Engineer Naji Al-Tamimi, CEO of the Insurance Authority, revealed that there is a near coming directive to make public liability insurance mandatory for crowded places, such as hospitals, restaurants, hotels, and malls, to protect others from potential damages like accidents or fires that may affect third parties. Source: أرقام
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The insurance sector has ended a challenging and difficult year, amid ongoing economic pressures, rising costs of medical and hospital services, and a decline in the number of insured individuals. So, will insurance policy rates rise in 2026? And what changes are expected in the coming year? Source :Al Morakeb
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Executives at Coalition Insurance warned that cyber risks in 2026 will not be limited to isolated individual breaches, but will take a more complex and systematic nature due to hidden digital interconnections leading to interconnected and widespread losses. This will push insurance and reinsurance companies to demand deeper technical clarity, greater discipline in underwriting, and…
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AI applications have become one of the most important drivers of development in the life insurance market, due to their direct role in enhancing the efficiency of operational processes and improving the quality of insurance services provided to clients, in line with the requirements of digital transformation in the financial sector. Source: المال
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The Insurance Authority has launched a draft project to amend the text of Article (58) of the Executive Regulations of the Cooperative Insurance Companies Control Law, concerning the investment returns of companies’ regular deposits, on the consultation platform until January 6, 2026. Source: Al Morakeb
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After several years of outperformance, European reinsurers’ momentum has stalled, with analysts warning that sustaining top-line growth and margins will be increasingly challenging in 2026 amid a softening pricing cycle. Source : Reinsurance News
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India’s reinsurance sector is set to achieve significant growth in 2026, driven by government initiatives and the issuance of new insurance licenses. Source: بوابة التأمين الإقتصادية
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A recent report issued by Standard & Poor’s confirmed that the UAE continues to strengthen its position as one of the strongest insurance markets in the region. The report indicated that the insurance market in the UAE is the second-largest in the Gulf Cooperation Council region, after Saudi Arabia, with total revenues expected to reach…
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Algeria’s proposed new insurance law, currently being finalized, is expected to inject new momentum into the sector, according to the Delegate General of the Union of Insurance and Reinsurance Companies (UAR), Mr. Abdelhakim Berrah. Source: Middle East Insurance Review
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With profound sadness and deep sorrow, the Chairman and members of the Board of Directors of Arab Reinsurance Company, along with its staff, mourn the passing of their dear colleague, Mr. Jean-Marie Naaman. The Lebanese insurance sector has lost one of its most prominent experts in insurance and reinsurance, whose distinguished career spanned several decades.…
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