February 26, 2025

POSTED BY

Bilal Jarjour

February 25, 2025

Egypt: The IFE prepares an underwriting guide for the “marine” branch

The Insurance Federation of Egypt, headed by Mr. Alaa Al Zuhairy, revealed that the Marine Insurance Committee has prepared an underwriting guide for the marine insurance branch to be a reference for junior underwriters. Source: أموال الغد

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POSTED BY

Bilal Jarjour

February 25, 2025

Palestine: Regulator prepares for enactment of new insurance law

The regulatory authorities in Palestine are preparing to launch a revised insurance law which will include new financial and regulatory requirements to encourage mergers among insurers. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

February 25, 2025

Turkey: Insurance industry’s 2024 profits driven by investment income

The profitability of the insurance industry in 2024 was boosted by an increase in investment income. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

February 25, 2025

Egypt: Egyptian insurance companies to radically shift marine insurance by 2030 with the proliferation of smart ships

The Federation of Egyptian Insurance Companies explained that the development of maritime transport technology, especially smart and autonomous ships, represents both a challenge and an opportunity for the marine insurance sector, stressing that international experiences in this field shed light on the need to innovate new insurance solutions commensurate with the technical changes witnessed by…

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POSTED BY

Bilal Jarjour

February 24, 2025

Saudi Arabia: Insurance Authority launches Tameen digital portal to raise the efficiency of services

The Insurance Authority announced the launch of the digital services portal “Tameen” with the aim of promoting digital transformation in the sector, developing an integrated digital insurance environment that contributes to raising the efficiency of control and compliance processes, and enabling companies to access services digitally easily and easily. Sourceبوابة التأمين الإقتصادية:  

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POSTED BY

Bilal Jarjour

February 24, 2025

UAE: 151 billion AED healthcare spending in the UAE 2029

Healthcare spending in the UAE is expected to grow at a compound annual growth rate of 6.7% to reach $41.1 billion (Dh150.8 billion) by 2029, according to a report by Alpen Capital Middle East, the DIFC-listed investment advisory and banking firm. Source:صحيفة الخليج 

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POSTED BY

Bilal Jarjour

February 24, 2025

Egypt: Head of Financial Supervision, Insurance is a key pillar to increase national savings and achieve economic development

The Chairman of the Financial Regulatory Authority (FRA) stressed that the insurance activity plays a pivotal role in supporting efforts to increase the national savings rates necessary for investment. Source: المال

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POSTED BY

Bilal Jarjour

February 24, 2025

Fitch Ratings: European insurers face rising costs and regulatory challenges with AI governance

A global credit rating agency, reports that the European insurance sector will face rising regulatory challenges and associated costs as the European Insurance and Occupational Pensions Authority (EIOPA) embarks on a public consultation to refine AI governance and risk management practices. Source: Reinsurance news

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POSTED BY

Bilal Jarjour

February 20, 2025

Insurance prices rise in the Middle East, North Africa and India

A report by Marsh on the most prominent trends in insurance services in the Middle East during the fourth quarter of 2024 revealed that insurance prices in the India, Middle East and Africa region witnessed a slight increase of 1% in the last quarter of 2024, driven primarily by the reinsurance market, especially at the…

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POSTED BY

Bilal Jarjour