Maarad Street, Beirut Central District, Lebanon
arabre@arabre.com
+961 1 989500
April 4, 2025
Saudi Arabia: Insurance system project – a legislative step awaiting approval to build a more efficient sector
In line with the national ambitions outlined in Saudi Vision 2030 to develop a diverse and effective financial sector, the enhancement of the insurance system emerges as a pivotal step toward achieving financial balance, boosting investor confidence, and improving the quality of life for both citizens and residents alike. Source: Al Morakeb
Read morePOSTED BY
Bilal Jarjour
April 4, 2025
Egypt: FRA Chairman: Electronic connectivity with insurance companies boosts customer base
The Chairman of the Financial Regulatory Authority stressed the importance of insurance companies continuously developing the technological infrastructure necessary to link their database with the Authority’s database, which is one of the ways to develop supervisory and regulatory frameworks to facilitate electronic follow-up and control processes. Source: اموال الغد
Read morePOSTED BY
Bilal Jarjour
April 2, 2025
Qatar: Insurance Committee holds first meeting of 2025 to set direction
the Insurance Committee of the Qatar Chamber views the issue of the pricing of mandatory health insurance as a priority. Source: وكالة الأنباء القطرية
Read morePOSTED BY
Bilal Jarjour
April 2, 2025
Saudi Arabia: Regulator looks into eliminating insurers’ nod for medical treatment
The Saudi Insurance Authority (IA) and other stakeholders in the insurance market are conducting a study on whether or not to eliminate insurers’ requirements for their approval for health insurance services. Source: Middle East Insurance Review
Read morePOSTED BY
Bilal Jarjour
April 2, 2025
Egypt: The Financial Supervisory Authority issues the procedures for registering data on the electronic link platform with insurance companies
The Board of Directors of the Financial Regulatory Authority (FRA) issued Resolution No. 58 of 2025 regarding the executive procedures for registering data on the electronic link platform between the Authority and insurance companies. Source: المال
Read morePOSTED BY
Bilal Jarjour
April 2, 2025
Lloyd’s posts strong £9.6bn profit for 2024 despite rise in major losses
2024 was another strong year for the specialist Lloyd’s insurance and reinsurance marketplace, with profit before tax of £9.6 billion and a combined ratio of 86.9%, slightly up on the previous year’s 84% amid a higher major claim’s ratio due to significant events in the year. Source: Reinsurance News
Read morePOSTED BY
Bilal Jarjour
March 25, 2025
UAE: “Klaim” to Alarabiya: 80% of medical institutions’ income depends on insurance companies
Mr Kareem Daki, co-founder and CEO of “Klaim”, a medical insurance claims solutions company, said that 80% of medical institutions’ financial flows come from insurance companies. Source: العربية
Read morePOSTED BY
Bilal Jarjour
March 25, 2025
Life insurance industry stabilizes as mortality rates return to pre-pandemic levels: Moody’s
According to Moody’s, a provider of credit ratings, research, and risk analysis, the insurance sector has experienced significant transformations in the five years following the COVID-19 pandemic. Source: Reinsurance News
Read morePOSTED BY
Bilal Jarjour
March 25, 2025
Egypt: Earned premiums increased by 39.2% and claims paid by 20.8% in the insurance market during last January
In Egypt, the Financial Regulatory Authority (FRA) issued its monthly report on the performance of the non-banking financial activities for January 2025, revealing that the insurance sector achieved a significant growth in the value of earned premiums and paid claims compared to the same period of last year. Source: مجلة المال
Read morePOSTED BY
Bilal Jarjour
March 25, 2025
Türkiye: Political uncertainty a risk to reforms
The arrest and imprisonment of opposition politicians last week could pose a risk to confidence in Türkiye’s economy and the stability of the exchange rate, says S&P Global Ratings (S&P) in a bulletin released yesterday. Source: Middle East Insurance Review
Read morePOSTED BY