November 14, 2025
Saudi Arabia Ingate Conference and Exhibition: Insurance Growth Rate in Saudi Arabia Exceeds the Average Growth of G20 Countries.
The Saudi insurance market recorded growth exceeding 17% in 2024, according to the Chairman of the Saudi Central Bank of Insurance, Abdulaziz Al-Buq, during the Ingate Conference and Exhibition organized by the Insurance Authority under the slogan ‘Move Towards Tomorrow,’ adding that the growth rate (2.6%) exceeds the average of G20 countries. Source: تأمين ومصارف
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Bilal Jarjour
November 14, 2025
Egypt: Insurance Sector Welcomes Financial Regulatory Authority’s Decision to Invest in Gold and Precious Metals
The Insurance Federation of Egypt praised the decision issued by the Financial Regulatory Authority, which for the first time allows life insurance companies and capital formation operations to directly invest in gold and precious metals, affirming that the decision represents a qualitative leap in the development of investment tools within the Egyptian insurance market. Source:…
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Bilal Jarjour
November 12, 2025
Kuwait: Insurance Regulatory Authority Approves List of Companies Eligible to Issue Mandatory Insurance Policies
The Insurance Regulatory Unit issued its decision No. (2) of 2025 regarding the approval of the list of companies eligible to issue liability insurance policies arising from traffic accidents (mandatory insurance for Kuwaiti vehicles), as part of organizing the insurance market and ensuring the rights of policyholders and those affected by accidents. Source: Al Morakeb
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Bilal Jarjour
November 12, 2025
Saudi Arabia: Insurance industry steps into future at Global Insurance Conference & Exhibition ingate
The Saudi insurance market recorded growth of more than 17% in 2024, with the insurance penetration rate standing at 2.6% of non-oil GDP. Source: Middle East Insurance Review
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Bilal Jarjour
November 12, 2025
Egypt: One-year period for insurance companies to comply with new regulations for dealing with reinsurance entities
The Financial Regulatory Authority has issued regulations to organize the work of reinsurance companies and their branches in the Egyptian market for the first time, as part of the Authority’s plan aimed at bringing about a radical and comprehensive development of the Egyptian insurance sector. Source: اموال الغد
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Bilal Jarjour
November 12, 2025
We expect strong year for reinsurer profitability in 2025, discipline key at 1.1: AM Best
AM Best expects another strong year of operating profitability for the reinsurance sector in 2025, supported by a relatively benign third quarter for catastrophe activity, while emphasising that reinsurers must maintain discipline at the upcoming January 1st renewals, where rates are expected to soften. Source: Reinsurance News
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Bilal Jarjour
November 10, 2025
Jordan: the insurance sector profits rise
The insurance sector listed on the Amman Stock Exchange recorded a remarkable performance during the first nine months of year 2025, with a 90.3% increase in net profit before tax, reaching 39.4 million JOD (Jordanian Dinars), according to “Al-Mamlaka” (“المملكة”). Source: جفرا نيوز
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Bilal Jarjour
November 10, 2025
General: Insurers confront privacy risks in AI fraud fight
Artificial intelligence is transforming insurance fraud detection, pushing the industry from reactive systems to predictive, real-time prevention. Source: Insurance Asia
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Bilal Jarjour
November 10, 2025
Q3 2025: Global Insurance Market Overview
Buyer-friendly conditions persisted in Q3, with ample capacity and intense competition driving continued price reductions and broader coverage for preferred risks, especially inproperty, cyber, and directors and officers. Source: Aon
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Bilal Jarjour
November 10, 2025
General: Political violence insurance sees growth and rising risks amid geopolitical tensions
Rising geopolitical conflicts have led to political violence insurance gaining momentum in the Middle East, as uncertainty reshapes risk perceptions. Source: Middle East Insurance Review
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