Maarad Street, Beirut Central District, Lebanon
arabre@arabre.com
+961 1 989500
December 31, 2024
Global reinsurance capital up 7% to $607bn in 2024: Guy Carpenter, AM Best
Data from Guy Carpenter, the reinsurance broking arm of Marsh McLennan, and ratings agency AM Best, shows that global reinsurer capital has grown by approximately 7% year-on-year, rising from $568 billion in 2023 to a projected $607 billion in 2024, with growth in both traditional and alternative capital. Source: Reinsurance news
Read morePOSTED BY
Bilal Jarjour
December 30, 2024
Swiss Re leaders predict key reinsurance trends for 2025
Geopolitical risks, climate challenges, and market dynamics drive innovation and growth (according to Swiss Re). Source: reinsurancebusiness
Read morePOSTED BY
Bilal Jarjour
December 30, 2024
Insurances – United Arab Emirates
The insurance market in the United Arab Emirates is projected to reach a market size (gross written premium) of US$9.44bn in 2024. Source: statista
Read morePOSTED BY
Bilal Jarjour
December 30, 2024
Lebanon: rates between hospitals and insurance companies increase by 15%
In order to continue offering insured patients high-quality care, hospitals will have to raise their prices with insurance companies by 15% as of January 2, 2025. Source: thisisbeirut
Read morePOSTED BY
Bilal Jarjour
December 30, 2024
2025 Global Medical Trends Survey
Rising medical costs in 2025 are driven by advancements in technology and pharmaceuticals, overwhelmed public healthcare systems, and increased private healthcare demand. Source: wtw
Read morePOSTED BY
Bilal Jarjour
December 27, 2024
UAE: Insurance premiums jump by 21% to 50.8 billion AED
The Central Bank of the UAE indicated in the economic report for the third quarter of 2024 that the insurance sector in the country continued its growth for this quarter. Source: Al Morakeb
Read morePOSTED BY
Bilal Jarjour
December 27, 2024
Arab Countries: Increasing new operations to secure investment in Arab countries by 17%
The Arab Investment and Export Credit Guarantee Corporation (Daman) revealed that new operations to secure investment, financing and exports destined for Arab countries increased by 17% in 2023 to exceed $ 121 billion. Source:بوابة التأمين الإقتصادية
Read morePOSTED BY
Bilal Jarjour
December 27, 2024
Cat bond issuance reaches new high of $17.7bn in 2024
Catastrophe bond market records are descending in 2024 and set to be beaten on most fronts, as overall issuance recorded in our insurance-linked securities. Source: Reinsurance news
Read morePOSTED BY
Bilal Jarjour
December 27, 2024
Turkey: Turkish companies express interest in investing in the insurance and financial technology sectors in the Egyptian market
Turkish business federations and some Turkish companies have shown interest in investing in Egypt, particularly in the insurance and financial technology sectors. Source: اموال الغد
Read morePOSTED BY
Bilal Jarjour
December 24, 2024
Egypt: International experiences in the electronic issuance of insurance documents provide pioneering models for digital transformation.
The Egyptian Insurance Federation confirmed that digital transformation has become one of the main drivers for the development of the insurance sector worldwide. Source: المال
Read morePOSTED BY