September 29, 2025
Kuwait’s Insurance Regulatory Unit issues a decision regarding practice and registration licenses
The Kuwaiti Insurance Regulatory Unit issued the decision no 27 of year 2025 regarding the extension of practice and registration licenses for entities related to the unit. Source: معلومات مباشر
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Bilal Jarjour
September 29, 2025
There are challenges, but reinsurance conditions remain favourable: Lockton
The property reinsurance market continues to soften and is not without its challenges as sellers continue to scrutinise secondary perils and re/insurers struggle to develop a universal view on the impact of tariffs and inflation on losses, according to report from broking group Lockton. Source: Reinsurance News
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Bilal Jarjour
September 29, 2025
Best’s market segment report: MENA reinsurance capacity remains dynamic and abundant despite testing conditions
Market conditions present challenges and opportunities for reinsurers domiciled in the Middle East and North Africa (MENA) region, according to a new AM Best report. Increased natural catastrophe activity, volatile oil prices, heightened geopolitical tension, increased public debt burdens and high inflation are some of the hurdles MENA reinsurers are currently navigating. Source: AM Best
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Bilal Jarjour
September 26, 2025
Saudi Arabia: Health insurers rely on investment gains for profits despite sharp premium hikes
Health insurance premiums in Saudi Arabia rose sharply by more than 300% between 2009 and 2024. The average annual premium per person tripled to SAR4,511 ($1,203) by the end of 2024 from SAR1,491 in 2009, with expectations that it would reach SAR9,500 by 2030, according to a study by the Argaam news platform. Source: ارقام
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Bilal Jarjour
September 26, 2025
UAE: Insurance industry’s gross written premiums jump by nearly 15% in 1H2025
Gross written premiums rose by 14.5% y-o-y to AED40.9bn ($11.1bn) in 1H2025, driven largely by a 17.8% increase in property and liability insurance, a 12.7% rise in health insurance, and an 11.2% gain in life insurance and savings. Source: Middle East Insurance Review
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Bilal Jarjour
September 26, 2025
Morocco:70% of Moroccans own at least 1 insurance policy
Seventy percent (70%) of Moroccan citizens have at least one insurance policy, according to the findings of a national survey conducted by the National Federation of Consumer Associations, in partnership with the Ministry of Industry and Trade. Source: Kech24
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Bilal Jarjour
September 26, 2025
Egypt ranks fifth among Arab insurance markets with premiums of $1.7 billion
Egypt ranked fifth among the largest Arab insurance markets in terms of total premiums during the year 2024, with a value of $1.7 billion, according to the latest statistics from the Arab Union for Insurance. Health and automotive insurance are the leading sectors in the region. Source: المال
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Bilal Jarjour
September 26, 2025
Egypt ranks fifth among Arab insurance markets with premiums of $1.7 billion
Egypt ranked fifth among the largest Arab insurance markets in terms of total premiums during the year 2024, with a value of $1.7 billion, according to the latest statistics from the Arab Union for Insurance. Health and automotive insurance are the leading sectors in the region. Source: المال
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Bilal Jarjour
September 22, 2025
Takaful ins accounts for 40% of the Arab region premiums
According to Shakib Abu Zaid, Secretary-General of the General Arab Insurance Federation, Takaful insurance accounts for 40% of the total insurance premiums in the Arab region. Source: أموال الغد
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Bilal Jarjour
September 22, 2025
Re/insurer profits at risk from climate-driven health impacts without adaptation
According to a new report from the World Economic Forum, developed in collaboration with Boston Consulting Group (BCG), without adaptive action, climate-driven health impacts could erode insurer profitability and push coverage costs higher for consumers across markets. Source: Reinsurance News
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