July 1, 2026
Egypt: 5.4 million beneficiaries of the comprehensive health insurance system and expansion of the “100 million Seha” initiative
Egypt is benefiting from a major expansion in its healthcare services, with the number of beneficiaries under the comprehensive health insurance system reaching approximately 5.4 million people across 6 governorates as of April 2026. This expansion runs in parallel with the success of the presidential “100 million Seha” (100 million Healthy Lives) initiative, which has…
Read morePOSTED BY
Bilal Jarjour
July 1, 2026
Middle East: 1 July renewal rates drop 10-15% as focus stays on reinsurance continuity
Reinsurance renewals in the Middle East remains concentrated on ensuring continuity of cover for clients during the evolving geopolitical tensions between Iran and the US, according to Guy Carpenter. Source: Middle East Insurance Review
Read morePOSTED BY
Bilal Jarjour
July 1, 2026
Turkiye: Regulator takes new measures against illegal claims brokers
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has implemented the fourth phase of its action plan to make vehicle depreciation claim processes in compulsory motor third-party liability (traffic) insurance faster, fairer, and more transparent. Source: تأمين ومصارف
Read morePOSTED BY
Bilal Jarjour
July 1, 2026
General: Geopolitical tensions are pushing the reinsurance market to develop new products and expand capacity
Guy Carpenter, the reinsurance brokerage arm of Marsh, revealed that geopolitical tensions are increasingly affecting reinsurance markets, especially in specialized lines. This has led companies to develop new products and boost innovation to meet the changing needs of the markets. Source:المال
Read morePOSTED BY
Bilal Jarjour
June 30, 2026
Shedding light on uninsured loss (Moody’s)
The protection gap — the difference between total economic losses and the share that insurance actually covers — is a widening, systemic risk. Here is why it matters, who absorbs the cost, and how catastrophe models can help bring it into view. Source: Moody’s
Read morePOSTED BY
Bilal Jarjour
June 30, 2026
Saudi Arabia: Shura Council urges insurance regulator to address elderly coverage and market gaps
Saudi Arabia’s 151-member Shura Council or Consultative Assembly has called on the Insurance Authority to study the challenges faced by the elderly in obtaining adequate insurance coverage. The call was made during a recent regular session of the Council. Source: Middle East Insurance Review
Read morePOSTED BY
Bilal Jarjour
June 30, 2026
ME conflict: Insurers count cost of damage and trapping risks
The conflict in the Middle East and the blocking of the Strait of Hormuz have resulted in significant damage to vessels, cargo and port infrastructure in the region, says Allianz Commercial. Source: Middle East Insurance Review
Read morePOSTED BY
Bilal Jarjour
June 30, 2026
International reports observe the start of a drop in global marine insurance prices
Global marine insurance markets have begun sending initial signals of a decline in the cost of war risk coverage after navigation gradually resumed through the Strait of Hormuz, following the recent de-escalation agreement between the US and Iran. However, companies are still taking a cautious approach to pricing while waiting for the security situation to…
Read morePOSTED BY
Bilal Jarjour
June 25, 2026
Piracy and war risks increase the burden on global shipping.
International shipping lanes have witnessed a state of anticipation with the continuation of security tensions in the Red Sea and the Horn of Africa, coinciding with the recurrence of piracy incidents off the Somali coast during recent months, which raises questions about the repercussions of these developments on marine insurance prices and global trade. Source: …
Read morePOSTED BY
Bilal Jarjour
June 25, 2026
ME Conflict: New marine war risk insurance launched at Lloyd’s for Strait of Hormuz shipping
A new Lloyd’s market consortium designed to provide additional marine war risk insurance capacity for vessels and cargo transiting the Strait of Hormuz was launched last week. Source: Middle East Insurance Review
Read morePOSTED BY