November 5, 2026

Kuwait: Insurance sector to implement IFRS 18 starting on 1 January 202

The Insurance Regulatory Unit (IRU) has issued a circular requiring insurance companies to apply International Financial Reporting Standard (IFRS 18). Source: Mubasher info

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POSTED BY

Bilal Jarjour

November 5, 2026

UAE: DIFC positions as key hub for Asia-Middle East-Africa reinsurance corridor

The Dubai International Financial Centre (DIFC) is solidifying its position as the premier gateway for the Asia-Middle East-Africa reinsurance corridor, backed by rapid premium growth. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

November 4, 2026

Syria: SISC issues registration requirements for foreign reinsurance broker

The Syrian Insurance Supervisory Commission (SISC) has announced the requirements for registering foreign insurance brokers wishing to conduct business in Syria. Source: هيئة الإشراف على التأمين

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POSTED BY

Bilal Jarjour

November 4, 2026

Turkey: claims for oct floods amount to at least us$300m to date

The amount of damages incurred by the insurance sector related to the 14-15 October flood disaster in Turkiye has reached at least TRY11.46bn ($229.2m) from 9,738 claims filed, according to data from the Insurance Association of Turkiye. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

November 4, 2026

8.7% Growth in global insurance premiums in 2025

Global insurance premiums grew by 8.7% nominally in both property, liability and life insurance branches last year, according to the OECD’s 2026 Annual Market Trends Report. Source: المال

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POSTED BY

Bilal Jarjour

November 4, 2026

Egypt: interest rate hike report reshapes investment and competition for insurance companies

The Central Bank of Egypt’s decision to raise interest rates by 100 basis points during the Monetary Policy Committee meeting on October 29, 2026, has once again highlighted the impact of monetary policy on the insurance sector. Source: المال

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POSTED BY

Bilal Jarjour

November 2, 2026

Egypt: EGP 124.6 billion insurance company premiums during 2025

Dr Tarek Seif, Deputy Chairman of the Financial Regulatory Authority (FRA), stated that total insurance company premiums in Egypt rose to EGP 124.6 billion during 2025, compared to EGP 111.4 billion in 2024, achieving a growth rate of 11.8%, according to the insurance activity indicators he displayed during the sessions of the workshop organized by…

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POSTED BY

Bilal Jarjour

November 2, 2026

MENA: study highlights disconnect between confidence and readiness to manage disruption risk

Just two in five (39%) MENA businesses consider themselves to be “very” prepared for significant business disruption as businesses across the Middle East navigate evolving regional circumstances. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

November 2, 2026

Global insured nat cat losses reach $91bn in first 9M’26: Aon

Aon’s latest Global Catastrophe Recap shows that global insured losses from natural disasters reached $91 billion in the first nine months of 2026, the lowest for the period since 2019. Source: Reinsurance News

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POSTED BY

Bilal Jarjour

November 2, 2026

Marine: Marsh sees a relative improvement in claims within retention limits at marine insurance clubs

Claims borne by marine protection and indemnity clubs within their own retention limits appeared more manageable at the start of the 2026/2027 insurance year, following two years of high claim levels, according to a report from Marsh, the global company specializing in reinsurance brokerage and risk management. Source: المال

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POSTED BY

Bilal Jarjour