August 7, 2025

Syria: meeting between the Insurance Supervisory Authority and the insurance companies

As part of the continuous efforts to develop the insurance sector in Syria, and based on the previous meeting that brought together the Insurance Supervisory Authority and the directors of insurance companies (public and private), the Authority held a consultative meeting on Monday 4 August 2025, with a number of company managers and experts. The…

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POSTED BY

Bilal Jarjour

August 7, 2025

Turkiye: Maps and modelling crucial to reducing forest fire risk

Forest fire susceptibility maps are essential tools for minimising the devastating impacts of wildfires on ecosystems, communities, and the natural environment, according to Professor Halil Akinci, director of the Natural Disasters Application and Research Centre at Artvin Coruh University. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

August 4, 2025

Wildfires around Los Angeles, severe thunderstorms: US natural catastrophes dominate global losses in the first half of 2025

High overall losses of around US$131bn slightly lower than last year – but well above long-term average. Source: Munich Re

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POSTED BY

Bilal Jarjour

August 4, 2025

Willis predicts natural catastrophes will not offer insurers any respite in 2025

Natural catastrophes continue to put a strain on global insurance markets, according to the latest Natural Catastrophe Review published by Willis. Source: Eco-Business

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POSTED BY

Bilal Jarjour

August 4, 2025

Egypt: Mohamed Ramadan concert incident… the most important insurance policies that must be concluded before organizing art events

In Egypt, the incident at artist Mohamed Ramadan’s concert on the North Coast highlighted the importance of certain insurance policies that must be concluded before organizing concerts to provide comprehensive insurance coverage for concert organizers, workers, and attendees. Source: أموال الغد

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POSTED BY

Bilal Jarjour

August 4, 2025

Q2 2025: Global Insurance Market Overview by Aon

Buyer-friendly conditions generally continued in Q2, with organizations taking advantage of the market environment by reinvesting savings into program enhancements and loss control measures to strengthen long-term resilience. Source: Aon

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POSTED BY

Bilal Jarjour

August 1, 2025

Lebanon: Meeting between accident managers in insurance companies and traffic accident experts

Based on an invitation from the President of the Association of Insurance Companies, Asaad Mirza, a meeting was held at the association’s headquarters between the traffic accident managers in insurance companies and the Syndicate of Traffic Experts, attended by Mirza, the President of the National Mandatory Guarantee Institution, Abdo Khoury, and the President of the…

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POSTED BY

Bilal Jarjour

August 1, 2025

Oman: Combined half-year net results of listed insurers turn around

The combined net profits of eight listed insurance companies in Oman reached OMR17.8m ($46.3m) in 1H2025, from a net loss of OMR10.6m in 1H2024. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

August 1, 2025

The Financial Regulatory Authority calls on insurance companies and groups not to publish statistical data about the sector without its approval.

The General Authority for Financial Regulation issued a circular regarding the publication of statistical data, reports, or studies about the activity of the insurance market and its units. Source: اموال الغد

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POSTED BY

Bilal Jarjour

August 1, 2025

Egypt: The amount of insurance for the personal accident policy for Egyptians abroad has been raised to 250,000 pounds starting from July 1.

Mohamed Zahran, the executive director of the Egyptian Travel Insurance Pool, revealed that the insurance amount for the personal accident policy for Egyptians abroad will be raised to 250,000 pounds starting from July 1, 2025. Source: رجال الاعمال

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POSTED BY

Bilal Jarjour