August 13, 2026

GCC: Islamic insurers’ earnings projected to improve this year

The Gulf Cooperation Council (GCC) region is projected to expand in 2026 and generate earnings that will exceed 2025 levels but remain volatile and below 2023-2024 levels, says S&P Global Ratings (S&P). Source: Middel East Insurance Review

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POSTED BY

Bilal Jarjour

August 13, 2026

UAE: 512 million dirhams in compensation from “Unemployment Insurance”

The Ministry of Human Resources and Emiratization revealed pioneering achievements and outstanding results achieved by the social protection system for workers in the labor market in securing their financial entitlements and raising their awareness during the first half of 2026. Source: Al Morakeb

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POSTED BY

Bilal Jarjour

August 13, 2026

Best’s Market Segment Report: Strengthened by Hard-Market Years, Global Reinsurance Segment Reaches an Inflection Point

The global reinsurance segment is at a critical inflection point as reinsurers’ strong earnings since 2023 have driven robust capital generation. Source: AM Best

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POSTED BY

Bilal Jarjour

August 13, 2026

Saudi Arabia: Recovery broadens, but market leadership remains highly concentrated

The preliminary results of the Saudi insurance market for the first half of this year suggest that the sector is gradually moving beyond the difficult conditions experienced throughout 2025, according to BADRI Management Consultancy, an international actuarial and risk management firm. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

August 10, 2026

Turkiye: Regulator overhauls surety insurance rules wef 1 Jan 2027

The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) has redefined the procedures and principles regarding risk acceptance and management in surety insurance. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

August 10, 2026

Egypt: Insurance claims decline by 3.7% to EGP 23.24 billion

In Egypt, the monthly report issued by the Financial Regulatory Authority (FRA) stated that insurance companies paid EGP 23.239 billion in claims during the first 5 months of year 2026, compared to approximately EGP 24.138 billion during the corresponding period in 202; a decline of 3.7%. Source: أموال الغد

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POSTED BY

Bilal Jarjour

August 10, 2026

Kuwait: Insurance Regulatory Unit compels companies to update risk assessments

The Acting Vice President of the Insurance Regulatory Unit, Abdullah Al-Fahad, issued circular no 17 of year 2026, regarding the national risk assessment reports, directing all insurance companies and entities subject to the Unit’s supervision to make use of the published reports. Source: الراي

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POSTED BY

Bilal Jarjour

August 10, 2026

Saudi Arabian Insurers – Peer Credit Analysis

Saudi insurers’ ratings are mainly driven by company profile, capitalization and earnings. Capitalization is generally strong and underwriting is recovering in 2026, supporting improved profitability across most peers. Source: Fitch Ratings

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POSTED BY

Bilal Jarjour

August 7, 2026

Oman: Regulator says modern tech is strategic imperative in strengthening risk management

The insurance sector is increasingly relying on accurate data and predictive analysis to support more efficient decision-making, contributing to the development of insurance products and enhancing the quality of services provided, according to Mr. Ahmed bin Ali Al Mamari, EVP of the Financial Services Authority (FSA). Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

August 7, 2026

Saudi Arabia: Insurance Authority issues Saudi insurance market report for year 2025

The Insurance Authority has announced the publication of the Saudi Insurance Market Report 2025, an essential component of its commitment to transparency, market development, and effective supervisory and regulatory oversight. Written premiums grew to surpass SAR 84 billion, amidst a growing focus on policyholder protection and capital resilience. Source: Insurance Authority

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POSTED BY

Bilal Jarjour