July 2, 2025
Oman: Leading in “commitment to international standards for insurance supervision”
The International Association of Insurance Supervisors (IAIS) published a detailed assessment of Oman’s level of commitment to the Insurance Core Principles (ICPs), following a comprehensive evaluation of the Financial Services Authority in year 2024. Source: الرُّؤية
Read morePOSTED BY
Bilal Jarjour
July 2, 2025
Algeria: Insurance market: growth of 13.3% in Q1’25
According to the CNA’s note de conjuncture, the insurance market grew by 13.3% in the 1st quarter of 2025. Source: Algeria Invest
Read morePOSTED BY
Bilal Jarjour
July 2, 2025
Morocco: Insurance sector on a roll propelled by modernisation initiatives
The Moroccan insurance sector is entering the second half of 2025 with very favourable momentum, despite the significant disruptions affecting the global economy, according to the Moroccan Insurance Federation (FMA). Source: Middle East Insurance Review
Read morePOSTED BY
Bilal Jarjour
July 2, 2025
Aon: Retained earnings lift global reinsurer capital to record $720bn in Q1’25
Analysis by insurance and reinsurance broking group Aon estimates that global reinsurer capital increased by almost 1%, or $5 billion in the first quarter of 2025 to $720 billion. Source: Reinsurance News
Read morePOSTED BY
Bilal Jarjour
July 1, 2025
Robust reinsurance coverage a buffer against Middle East geopolitical risk
Firms with robust reinsurance coverage, conservative investment strategies, and proactive enterprise risk management frameworks are better equipped to withstand the volatility stemming from the ongoing hostilities between Iran and Israel, according to Morningstar DBRS. Source: Reinsurance News
Read morePOSTED BY
Ahmad Zein
July 1, 2025
Bahrain: Social Insurance Organization launches a new website
In Bahrain, the Social Insurance Organization (SIO) announced the launch of its new website (www.sio.gov.bh), as a strategic step that reflected its commitment to developing its digital insurance services system. Source: وكالة أنباء البحرين
Read morePOSTED BY
Ahmad Zein
July 1, 2025
Algeria: Restriction on resale of imported vehicles stabilises auto insurance branch
The motor insurance branch in Algeria reached DZD22.6bn ($175.3m), in the first quarter of this year, an increase of 4.9% or DZD1bn compared to the corresponding quarter in 2024, according to statistics released by the National Insurance Council (CNA). Source: Middle East Insurance Review
Read morePOSTED BY
Ahmad Zein
July 1, 2025
Oman: IAIS assesses as good Oman’s observance of Insurance Core Principles
Oman’s insurance regulatory and supervisory framework is assessed as having a good level of observance of the Insurance Core Principles (ICPs). Source: Middle East Insurance Review
Read morePOSTED BY
Ahmad Zein
June 28, 2025
Algeria: Insurance market premiums grow by 14% in 1Q2025
Algeria’s insurance market registered a 14% increase in the first quarter of the year compared to 1Q2024, dominated by the general insurance business. Source: Middle East Insurance Review
Read morePOSTED BY
Bilal Jarjour
June 28, 2025
Egypt: The ins sector records 34% premium growth
Egypt’s non-banking financial activities, particularly the insurance sector, demonstrated strong performance from January to April 2025, as per the monthly report issued by the Financial Regulatory Authority (FRA). Source: المال
Read morePOSTED BY