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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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
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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
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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
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Bilal Jarjour
June 28, 2025
Bahrain: 7% Rise in Bahraini social insurance participants
The latest statistics of Bahrain’s Social Insurance Organization (SIO) show a 7% increase in the number of insured Bahraini employees in both public and private sectors over the past five years. Source: Al Morakeb Group
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Bilal Jarjour
June 28, 2025
The Saudi Insurance Authority to implement a new “Insurance system”
In Saudi Arabia, the Insurance Authority has invited the financial and regulatory sectors to participate in the “Regulatory impact assessment model – insurance system” from June 22, 2025, to July 22, 2025. Source: صحيفة مال
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Bilal Jarjour
June 25, 2025
Lebanon: All-Risk Insurance in Wartime
While Lebanon remains officially neutral in the military escalation between Israel and Iran, it is already feeling the first economic tremors. Source: THIS IS BEIRUT
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Bilal Jarjour
June 25, 2025
Global: Shipping cover leaps by 60%
The cost of insuring vessels navigating the Strait of Hormuz has soared, as underwriters scramble to reprice risk in response to the deteriorating security environment around one of the world’s most critical maritime corridors. Source: Insurance Business
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Bilal Jarjour
June 25, 2025
Shipping, insurance show little reaction to mounting Persian Gulf risks
Shipping markets showed little reaction to a June 11 government-backed warning about elevated risks to commercial navigation around the Persian Gulf. Source: S&P Global
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