December 4, 2025
UAE: A Transformational Journey Writing a New Chapter in the Emirati Insurance Sector
The insurance sector in the United Arab Emirates is witnessing a rapid boom that almost seems like a dream, with underwritten premiums surpassing 29 billion dirhams in 2024, reflecting a growth rate of nearly eight percent. Source: Al Morakeb
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Bilal Jarjour
December 4, 2025
Oman: FSA and insurers discuss standardizing motor claims practices
Oman’s Financial Services Authority (FSA) has said that it has held discussions with insurance companies on developing a unified model for motor claims practices. Source: Middle East Insurance News
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Bilal Jarjour
December 4, 2025
Insurance Knocks on the Doors of Gold While Investment Funds Watch Closely.
The Financial Regulatory Authority is aiming to bring about a comprehensive development revolution in the insurance sector, having issued 50 regulatory decisions since the implementation of the Unified Insurance Law, to enhance market strength and flexibility while achieving both insurance and financial inclusion at the same time. Source:اموال الغد
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Bilal Jarjour
December 4, 2025
Egypt: From January 2026, the minimum and maximum wages for insurance contributions will be increased.
The National Organization for Social Insurance announced the increase of the minimum and maximum wages for insurance contributions starting from January 1, 2026, in implementation of the provisions of the Social Insurance and Pensions Law No. 148 of 2019 and its executive regulations. Source: رجال الاعمال
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Bilal Jarjour
December 2, 2025
GCC: Global investment firm launches new insurance company to consolidate insurance industry
Abu Dhabi-headquartered BlueFive Capital yesterday announced the launch of BlueFive Insurance, a dedicated platform to lead the consolidation, digitization, and specialization of the insurance industry across the Gulf Cooperation Council (GCC) and beyond. Source: Middle East Insurance News
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Bilal Jarjour
December 2, 2025
Saudi Arabia: Digital cross border vehicle insurance plan launched
A new cross border digital vehicle insurance plan has been launched for travelers between Saudi Arabia and the UAE and will be available through familiar government digital platforms. Source: Middle East Insurance News
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Bilal Jarjour
December 2, 2025
Market discipline key as negative rates hit most classes: Lloyd’s CUO
Chief Underwriting Officer at Lloyd’s, has acknowledged that rates have softened more quickly than anticipated, but emphasized that favorable trading conditions and ongoing market discipline are expected to drive strong performance for 2025. Source: Reinsurance News
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Bilal Jarjour
December 2, 2025
Egypt: Financial Regulatory Authority Adds 10 Entities to the Reinsurers List
A new update in the list of reinsurers permitted to operate in the Egyptian market, with 10 new entities added since the last update in mid-November. Source: اموال الغد
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Bilal Jarjour
November 28, 2025
Egypt: EGP 954.2 billion in financing granted by entities subject to FRA supervision during 9 months
Insurance companies’ premiums reached EGP 87.5 billion, and they paid out EGP 46.8 billion as claims. Source: أموال الغد
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Bilal Jarjour
November 28, 2025
Egypt: The Financial Regulatory Authority requires insurance companies to conduct actuarial studies to regulate brokers’ commissions and protect customers’ rights.
The Financial Regulatory Authority, headed by Dr Mohamed Farid, has obligated insurance companies to submit actuarial studies. Source: اموال الغد
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