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March 4, 2025
Egypt: Life insurance companies start implementing behavioral economics applications
Some life insurance companies have started applying the concept of behavioral economics in their relationships with their individual and institutional clients. Source: جريدة المال
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Bilal Jarjour
March 4, 2025
Egypt: Insurance Federation recommends developing products and enhancing customer behavioral education
The Insurance Federation of Egypt issued 8 recommendations to member companies to enhance the spread of their insurance policies. Source: أموال الغد
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Bilal Jarjour
March 4, 2025
Qatar: 1.31 billion riyals as profits for the insurance sector on the Qatar Stock Exchange during 2024
The companies listed in the insurance sector listed on the Qatar Stock Exchange during year 2024 recorded profits of 1.31 billion riyals, compared to 360.13 million riyals in losses during year 2023. Source: معلومات مباشر
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Bilal Jarjour
March 4, 2025
Lebanon: Increase in policies by 30%
Two months after the Syndicate of Hospitals in Lebanon sent a letter to the Lebanese Association of Insurance Companies demanding that it covers a 15% increase in the service fees at hospitals, the official response came from the Association, which demanded that the syndicate “adjust” the prices of medical supplies in cooperation with physicians. Source:…
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Bilal Jarjour
March 1, 2025
Global: Growth in the shadow of (geo)politics / Global economic and insurance market outlook 2025‒26
According to Sigma, the world economy is positioned for solid growth in the next two years but downside risks are elevated. Source: Sigma
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Bilal Jarjour
March 1, 2025
Egypt: FRA new rules to control technical provisions in property and liability
The Financial Regulatory Authority in Egypt announced the issuance of the Board of Directors Resolution no 4 of year 2025, which sets new rules for calculating and forming technical provisions for property and liability insurance companies. Source: المال
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Bilal Jarjour
March 1, 2025
LA wildfires ~ 35% of Swiss Re’s FY’25 nat cat budget
Reinsurance giant Swiss Re said that it currently estimates losses from the Los Angeles, California wildfires of less than $700 million. Source: Reinsurance News
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Bilal Jarjour
March 1, 2025
Morocco’s insurance federation chief calls for single insurance market in Africa
The president of the Moroccan Insurance Federation (FMA), Mr Mohammed Hassan Bensalah, has advocated the establishment of a single insurance market in Africa. Source: Middle East Insurance Review
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Bilal Jarjour
February 27, 2025
Egypt: Regulator releases rules on technical provisions to be made by insurers
The Financial Regulatory Authority (FRA) has announced that its board has made decisions on new rules for calculating and forming technical provisions by property and liability insurance companies and life insurance companies. Source: Middle East Insurance Review
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Bilal Jarjour
February 27, 2025
Qatar: 1.31 billion QAR profits of the insurance sector in the Qatar Stock Exchange in 2024
Companies listed in the insurance sector listed on the Qatar Stock Exchange recorded profits of QAR 1.31 billion in 2024, compared to QAR 360.13 million losses during 2023. Source: Al Morakeb
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