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
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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
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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
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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
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Bilal Jarjour
March 24, 2025
APAC reinsurance expected to surpass $68bn in 2029
Data, analytics and insights platform GlobalData expects the APAC reinsurance market to reach $68.4bn in 2029 in terms of reinsurance accepted premiums. Source: Asia Insurance Review
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Bilal Jarjour
March 24, 2025
Jordan: Updating the Insurance Law Enhances Market Stability
Updating the Insurance Law represents a pivotal step toward enhancing the stability of the insurance market in the Kingdom and stimulating economic growth. The Council of Ministers approved the rationale for the 2025 Insurance Law. Source: Al Morakeb
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Bilal Jarjour
March 24, 2025
Middle East: Maritime risks escalate after breakdown of ceasefire
The maritime security landscape in the Middle East has entered a new phase of volatility, with amplified risks for commercial vessels operating in arterial shipping lanes. Source: Middle East Insurance Review
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Bilal Jarjour
March 24, 2025
Structured Credit and Political Risk insurance market capacity rises to meet demand
To accommodate rising demand, capacity in the structured credit and political risk (SCPR) insurance market has grown, with more insurers capable of writing long-term risks than ever before. Source: Middle East Insurance Review
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Bilal Jarjour
March 20, 2025
Egypt: Insurance federation launches first guide for settling property and engineering claims
The Egyptian Insurance Federation announced the release of its first guide for settling property and engineering claims. This guide is part of a series of technical publications by the Federation, aiming to establish a unified model for regulating claims settlement processes, in accordance with internationally recognized technical and procedural best practices. Source: المال
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Bilal Jarjour
March 20, 2025
Tunisia: Life insurance increased by 20%
The insurance sector in Tunisia is recording an increase in life insurance underwriting services driven by fears of financial and living difficulties after retirement, with figures from the General Insurance Committee showing that this type of insurance grew by an annual rate of more than 20%. Source: Al Morakeb
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