September 2, 2026
Algeria: Ministry of Finance updates compulsory Nat CAT insurance premiums
Natural catastrophe insurance premium rates have been revised in Algeria following the issuance of a new decree by the Ministry of Finance. Source: Middle East Insurance Review
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Bilal Jarjour
September 2, 2026
Insurance Federation: US–Iranian war heightens marine insurance pressure
The Insurers Federation of Egypt (IFE) clarified that the repercussions of the US–Iranian war continue to exert mounting pressure on international shipping and marine insurance markets, amid an ongoing decline in vessel traffic through the Strait of Hormuz and the expanding scope of conflict-related risks—including physical damage, sanctions, and restrictions on payments and claims settlement.…
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Bilal Jarjour
September 2, 2026
Saudi Arabia: Insurance operations boost sector profits by 24.3% to around $500 million
The Saudi insurance sector has entered a new phase of growth, driven by improved insurance results, higher operational efficiency, and enhanced claims and risk management. Source: الشرق الأوسط
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Bilal Jarjour
September 2, 2026
Best’s Market Segment Report: Global life/annuity reinsurers poised for steady growth
A new AM Best report notes an increased level of reinsurance leverage by U.S. life/annuity (L/A) companies ceding out business, which is being fueled by strong annuity product growth, higher interest rates, and further offshore transactions as a result of differing capital regimes. Source: AM Best
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Bilal Jarjour
August 31, 2026
Syria: Insurance Supervisory Authority gives update on regulatory and legislative work
The board of directors of the Insurance Supervisory Authority, chaired by Minister of Finance Mr. Mohammed Yisr Barnieh has reviewed the draft of the basic system for the Syrian Insurance Union and the Union of Insurance Agents and Brokers. Source: Middle East Insurance Review
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Bilal Jarjour
August 31, 2026
Saudi Arabia near approval of state-backed marine freight insurance initiative
The program aims to contain the increase in war risk premiums and protect supply chains from shipping disruptions in the region. Source: Bloombergالشرق
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Bilal Jarjour
August 31, 2026
Egypt: Down by 1.7%… insurance companies pay EGP 28.4bn in claims over 6 months
Insurance companies paid out EGP 28.426bn in claims during the first six months of year 2026, compared to approximately EGP 28.921bn during the corresponding period in year 2025; a decline by 1.7%. Source: أموال الغد
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Bilal Jarjour
August 31, 2026
Middle East: International wealth insurance sales exceed US$4bn in 2025
International wealth insurance sales in the Middle East rose to GBP3.0bn ($4.09bn) from GBP2.4bn – a CAGR of 10.4% between 2023 and 2025, according to a report by Utmost. Source: Middle East Insurance Review
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Bilal Jarjour
August 27, 2026
ME conflict: Saudi Arabia weighs state-backed war risk cover for ships and cargo
Saudi Arabia is exploring establishing a state-backed war risk insurance programme to reduce insurance costs for ships and cargo as risks escalate in the region. Source: Middle East Insurance Review
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Bilal Jarjour
August 27, 2026
Oman: Regulator tightens rules covering insurance loss assessment
The Financial Services Authority (FSA) has introduced the “Regulation Governing Insurance Loss Assessment and Estimation Activities” to elevate service quality. Source: Middle East Insurance Review
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