Maarad Street, Beirut Central District, Lebanon
arabre@arabre.com
+961 1 989500
June 10, 2025
Global: Reinsurance industry ‘better protected than ever’ for hurricane season
The global reinsurance industry is better protected than ever against large hurricane losses, according to JP Morgan Actuary report. Source: Reinsurance News
Read morePOSTED BY
Bilal Jarjour
June 10, 2025
UAE: Travel insurance premiums jump as summer travel season starts
Travel insurance premiums in the UAE have risen by 12% to 18% year-on-year on average as summer — the peak season for international travel — approaches. Source: Middle East Insurance review
Read morePOSTED BY
Bilal Jarjour
June 5, 2025
Lloyd’s CEO looks to leverage historic brand in era of global uncertainty
As Patrick Tiernan steps into his role as CEO of the specialist Lloyd’s insurance and reinsurance marketplace, he has emphasised that the organisation’s primary focus should be on activities that drive sustainable profitability and maintain underwriting discipline throughout the economic cycle. Source: Reinsurance News
Read morePOSTED BY
Bilal Jarjour
June 5, 2025
Egypt: expected flexibility in the renewal of reinsurance agreements during next July
The availability of dollar liquidity in banks currently has attracted new European reinsurance companies to the local market, which will reflect on the terms of renewing reinsurance agreements in the upcoming July. Source: المال
Read morePOSTED BY
Bilal Jarjour
June 5, 2025
Europe: European reinsurance companies are in a good position according to Fitch
According to Fitch rating agency, major European reinsurance companies, namely Munich Re, Swiss Re, Hannover Re, and SCOR, are on track to achieve their financial goals for 2025. Source: تأمين ومصارف
Read morePOSTED BY
Bilal Jarjour
June 5, 2025
Egypt: with the opening of the Grand Egyptian Museum, the insurance sector offers its services to protect the “Treasures of the Pharaohs”
Hidden within the walls of museums are precious treasures that tell the story of Egypt. However, there are numerous risks that threaten these treasures, such as fires, theft, and natural hazards. This raises questions about whether some of these precious artifacts have been lost, or whether a witness to an era in the country’s history,…
Read morePOSTED BY
Bilal Jarjour
June 3, 2025
Egypt: FRA announces the list of non-abiding entities to its supervision
In Egypt, the Financial Regulatory Authority (FRA) announced a list of non-abiding entities identified based on complaints received by the Authority. These entities were found to be conducting non-banking financial activities in violation of the laws and regulations governing non-banking financial services. Source: أموال الغد
Read morePOSTED BY
Bilal Jarjour
June 3, 2025
Egypt’s FRA head urges stronger climate risk data for maritime insurance planning
Dr Mohamed Farid, Chairman of Egypt’s Financial Regulatory Authority (FRA), emphasized the critical need to build and improve climate risk databases to support sound planning in the insurance sector. Source: business today
Read morePOSTED BY
Bilal Jarjour
June 3, 2025
GCC: Q1 2025 earnings of listed insurers slide on underwriting volatility and lower yields
Listed GCC insurers saw overall earnings decline in Q1 2025, with net profits slipping by 1.4% to USD 628mn from USD 637mn in Q1 2024. Source: Insurance Monitor
Read morePOSTED BY
Bilal Jarjour
June 3, 2025
Allianz Global Insurance Report 2025: Rising demand for protection
According to the Allianz Global Insurance Report 2025, the global insurance industry is estimated to have grown by +8.6% in 2024. Source: Allianz
Read morePOSTED BY