February 4, 2026
Syria: Finance Ministry holds meetings to reform insurance sector
The Syrian government has met the representatives of the International Finance Corporation (IFC) to review the potential contribution of the IFC-part of the World Bank Group-to reforming the Syrian financial sector, including the insurance market. Source: Middle East Insurance Review
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Bilal Jarjour
February 4, 2026
“Dubai Health”: 4.6 million beneficiaries of insurance coverage and 43.6 million claims
The Health Accounts System of Dubai, “HASD,” revealed strong indicators reflecting the growth of the health insurance system in the emirate. It also highlighted the system’s growing role in supporting the local economy and enhancing quality of life, as the number of insurance coverage beneficiaries reached over 4.6 million, with 43.6 million insurance claims. Source:…
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Bilal Jarjour
February 4, 2026
Algeria: takaful recorded growth above 70% in year 2025
In Algeria, the Takaful sector witnessed a growth exceeding 70% during year 2025, less than three years after its launch. This was reported by the CEO of “El Djazaïr Takaful”, Mr Mahfoud Ziane Bouziane, who highlighted the promising prospects for this sector within the national financial market. Source: وكالة الأنباء الجزائرية
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Bilal Jarjour
February 4, 2026
Egypt: Regulator grants insurance brokers and related professional firms more time to meet minimum capital requirement
The Financial Regulatory Authority (FRA) has extended the deadline granted to companies operating in the actuarial, insurance and reinsurance brokerage, inspection and damage assessment, and insurance consulting segments an additional six months to increase their capital. Source: Middle East Insurance Review
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Bilal Jarjour
January 30, 2026
Saudi Arabia: The Saudi market begins implementing the risk-based capital system.
Engineer Naji Al-Tamimi, CEO of the Saudi Arabian Insurance Authority, confirmed that insurance companies in the Saudi market will transition from the traditional solvency framework to the risk-based capital framework starting in 2027. Source: Al Morakeb
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Bilal Jarjour
January 30, 2026
Egypt: President of the Insurance Federation of Egypt expects 25% annual growth in the sector
According to Mr. Alaa El-Zouhayri, President of the Insurance Federation of Egypt, the Egyptian insurance market recorded an annual growth rate of 25%, reflecting the increasing confidence in the sector and its growing role as a key driver for attracting investments and supporting the national economy. Source: أموال الغد
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Bilal Jarjour
January 30, 2026
Plenty of opportunity for underwriters to achieve profitable growth: Flandro, Howden Re
As geopolitical and macroeconomic trends reshape an increasingly risky world, and reinsurance pricing comes off of its peak in numerous lines of business, there’s a clear need for rationality, with plenty of opportunity for underwriters to continue to achieve profitable growth. Source: Reinsurance News
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Bilal Jarjour
January 30, 2026
The global reinsurance market has shifted from positive to stable due to weak operational performance capacity.
A.M. Best’s outlook for the global non-life reinsurance market has been downgraded from positive to stable, as a result of declining non-life reinsurance rates during the January 1, 2026 renewal period. Source: تأمين ومصارف
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Bilal Jarjour
January 28, 2026
Egypt: Insurance premiums expand by over 30% in 2025 to over US$2bn
The insurance sector reported total premiums of EGP110.1bn ($2.3bn) in 2025, growing by 30.6% over 2024, the Financial Regulatory Authority (FRA) revealed in its annual report for the year 2025. Source: Middle East Insurance Review
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Bilal Jarjour
January 28, 2026
Kuwait: stricter supervision on the insurance sector to enforce due diligence for individuals and companies
The Insurance Regulatory Unit (IRU) has affirmed that all companies under its supervision must implement due diligence procedures for both individuals and corporate entities. Source: أرقام
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