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August 4, 2025
Wildfires around Los Angeles, severe thunderstorms: US natural catastrophes dominate global losses in the first half of 2025
High overall losses of around US$131bn slightly lower than last year – but well above long-term average. Source: Munich Re
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Bilal Jarjour
August 4, 2025
Willis predicts natural catastrophes will not offer insurers any respite in 2025
Natural catastrophes continue to put a strain on global insurance markets, according to the latest Natural Catastrophe Review published by Willis. Source: Eco-Business
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Bilal Jarjour
August 4, 2025
Egypt: Mohamed Ramadan concert incident… the most important insurance policies that must be concluded before organizing art events
In Egypt, the incident at artist Mohamed Ramadan’s concert on the North Coast highlighted the importance of certain insurance policies that must be concluded before organizing concerts to provide comprehensive insurance coverage for concert organizers, workers, and attendees. Source: أموال الغد
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Bilal Jarjour
August 4, 2025
Q2 2025: Global Insurance Market Overview by Aon
Buyer-friendly conditions generally continued in Q2, with organizations taking advantage of the market environment by reinvesting savings into program enhancements and loss control measures to strengthen long-term resilience. Source: Aon
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Bilal Jarjour
August 1, 2025
Lebanon: Meeting between accident managers in insurance companies and traffic accident experts
Based on an invitation from the President of the Association of Insurance Companies, Asaad Mirza, a meeting was held at the association’s headquarters between the traffic accident managers in insurance companies and the Syndicate of Traffic Experts, attended by Mirza, the President of the National Mandatory Guarantee Institution, Abdo Khoury, and the President of the…
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Bilal Jarjour
August 1, 2025
Oman: Combined half-year net results of listed insurers turn around
The combined net profits of eight listed insurance companies in Oman reached OMR17.8m ($46.3m) in 1H2025, from a net loss of OMR10.6m in 1H2024. Source: Middle East Insurance Review
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Bilal Jarjour
August 1, 2025
The Financial Regulatory Authority calls on insurance companies and groups not to publish statistical data about the sector without its approval.
The General Authority for Financial Regulation issued a circular regarding the publication of statistical data, reports, or studies about the activity of the insurance market and its units. Source: اموال الغد
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Bilal Jarjour
August 1, 2025
Egypt: The amount of insurance for the personal accident policy for Egyptians abroad has been raised to 250,000 pounds starting from July 1.
Mohamed Zahran, the executive director of the Egyptian Travel Insurance Pool, revealed that the insurance amount for the personal accident policy for Egyptians abroad will be raised to 250,000 pounds starting from July 1, 2025. Source: رجال الاعمال
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Bilal Jarjour
July 31, 2025
Marsh McLennan maintains top global broker spot by revenue for 15th year
Marsh McLennan remains the top global insurance and reinsurance broker by total revenue for the 15th consecutive year, increasing its revenue by $1.72 billion to $24.46 billion in 2024, while several other brokers maintained their positions in the top 20 and new firms joined the list. Source: Reinsurance News
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Bilal Jarjour
July 31, 2025
Egypt: 6 Problems Companies Face with Reinsurers
Although the renewal of agreements between Egyptian companies and reinsurers abroad this year has been more flexible, during which Egyptian companies maintained most of the advantages of last year, such as the stability of retention limits and capacity, these advantages – according to estimates by reinsurance officials in local companies – have not succeeded in…
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