July 4, 2025
UK: Major insurance deal rocks UK market
The British Competition and Markets Authority (CMA) has officially announced its approval of Aviva’s acquisition of Direct Line Group for approximately £3.7 billion (equivalent to $5 billion). Source: Al Morakeb Group
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Bilal Jarjour
July 4, 2025
Many in the UAE are eyeing international travel in 2025:
Allianz Partners Travel Index The Allianz Partners Travel Index 2025, which surveyed 500 people in the UAE regarding their travel plans, preferences and concerns for the year ahead, reveals that most of the respondents in the United Arab Emirates intend to travel internationally in the next twelve months. Source: PR Newswire
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Bilal Jarjour
July 4, 2025
Morocco: Regulator to undertake study on the use of AI in insurance sector
The Insurance and Social Security Supervisory Authority (ACAPS) has launched a tender exercise inviting bids for conducting a study on the methods of monitoring and using artificial intelligence (AI) and new technologies in the insurance sector. Source: Middle East Insurance Review
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Bilal Jarjour
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
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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
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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
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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
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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
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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
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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
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