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April 2, 2025
Qatar: Insurance Committee holds first meeting of 2025 to set direction
the Insurance Committee of the Qatar Chamber views the issue of the pricing of mandatory health insurance as a priority. Source: وكالة الأنباء القطرية
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Bilal Jarjour
April 2, 2025
Saudi Arabia: Regulator looks into eliminating insurers’ nod for medical treatment
The Saudi Insurance Authority (IA) and other stakeholders in the insurance market are conducting a study on whether or not to eliminate insurers’ requirements for their approval for health insurance services. Source: Middle East Insurance Review
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Bilal Jarjour
April 2, 2025
Egypt: The Financial Supervisory Authority issues the procedures for registering data on the electronic link platform with insurance companies
The Board of Directors of the Financial Regulatory Authority (FRA) issued Resolution No. 58 of 2025 regarding the executive procedures for registering data on the electronic link platform between the Authority and insurance companies. Source: المال
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Bilal Jarjour
April 2, 2025
Lloyd’s posts strong £9.6bn profit for 2024 despite rise in major losses
2024 was another strong year for the specialist Lloyd’s insurance and reinsurance marketplace, with profit before tax of £9.6 billion and a combined ratio of 86.9%, slightly up on the previous year’s 84% amid a higher major claim’s ratio due to significant events in the year. Source: Reinsurance News
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Bilal Jarjour
March 25, 2025
UAE: “Klaim” to Alarabiya: 80% of medical institutions’ income depends on insurance companies
Mr Kareem Daki, co-founder and CEO of “Klaim”, a medical insurance claims solutions company, said that 80% of medical institutions’ financial flows come from insurance companies. Source: العربية
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Bilal Jarjour
March 25, 2025
Life insurance industry stabilizes as mortality rates return to pre-pandemic levels: Moody’s
According to Moody’s, a provider of credit ratings, research, and risk analysis, the insurance sector has experienced significant transformations in the five years following the COVID-19 pandemic. Source: Reinsurance News
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Bilal Jarjour
March 25, 2025
Egypt: Earned premiums increased by 39.2% and claims paid by 20.8% in the insurance market during last January
In Egypt, the Financial Regulatory Authority (FRA) issued its monthly report on the performance of the non-banking financial activities for January 2025, revealing that the insurance sector achieved a significant growth in the value of earned premiums and paid claims compared to the same period of last year. Source: مجلة المال
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Bilal Jarjour
March 25, 2025
Türkiye: Political uncertainty a risk to reforms
The arrest and imprisonment of opposition politicians last week could pose a risk to confidence in Türkiye’s economy and the stability of the exchange rate, says S&P Global Ratings (S&P) in a bulletin released yesterday. Source: Middle East Insurance Review
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Bilal Jarjour
March 24, 2025
APAC reinsurance expected to surpass $68bn in 2029
Data, analytics and insights platform GlobalData expects the APAC reinsurance market to reach $68.4bn in 2029 in terms of reinsurance accepted premiums. Source: Asia Insurance Review
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Bilal Jarjour
March 24, 2025
Jordan: Updating the Insurance Law Enhances Market Stability
Updating the Insurance Law represents a pivotal step toward enhancing the stability of the insurance market in the Kingdom and stimulating economic growth. The Council of Ministers approved the rationale for the 2025 Insurance Law. Source: Al Morakeb
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