September 5, 2026
Egypt: Prime Minister directs to strengthen the supervision and protection of non-banking financial sector
In Egypt, Dr Moustafa Madbouly, Prime Minister, held a meeting with Dr Islam Azzam, Chairman of the Financial Regulatory Authority (FRA), to follow-up on the latest developments in the non-banking financial sector, including capital market, insurance, and non-banking financing activities. Source: أموال الغد
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Bilal Jarjour
September 5, 2026
Egypt: Insurance federation issues 11 strategic recommendations amid regional geopolitical risks
The Insurers Federation of Egypt (IFE) has published 11 recommendations to insurance companies covering maritime and transport risks, responding to on-going developments related to the US-Iran war, and the rapid repercussions on maritime and air traffic, international transport and trade routes. Source: Middle East Insurance Review
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Bilal Jarjour
September 5, 2026
Kuwait’s Insurance Regulatory Unit issues two circulars regarding credit ratings
Kuwait’s Insurance Regulatory Unit (IRU) has issued circular no 19 of year 2026 concerning the adoption of disclosure models, corrective action plans, and follow-up implementation in case of a credit rating downgrade. It has also issued the circular no 18 of year 2026 regarding the update of guidelines related to the concept of ultimate beneficial…
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Bilal Jarjour
September 5, 2026
Lloyd’s records £1.9 billion as underwriting results in H1 2026
The Lloyd’s market recorded an underwriting result of £1.9 billion during the first half of year 2026, compared to £1.5 billion in the same period of last year. Meanwhile, the combined ratio improved to 90.8%, compared to 92.5% in the first half of year 2025. Source: المال
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Bilal Jarjour
September 3, 2026
Tunisia: Direct insurers show 13% rise in premiums in 1H2026 on robust life and health performance
Direct insurers in Tunisia reported a total turnover of TND2.53bn ($867.7m) in the first half of 2026, 13% higher compared to the corresponding half of 2025, according to data from the General Insurance Committee (CGA). Source: Middle East Insurance Review
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Bilal Jarjour
September 3, 2026
Saudi Arabia: Large insurers drive industry’s 1H2026 profitability
Saudi Arabia’s listed insurance sector reported a significant improvement in profitability in the first half of 2026 compared following an exceptionally weak 1H2025, Moody’s Ratings said in a report released earlier this week. Source: Middle East Insurance Review
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Bilal Jarjour
September 3, 2026
S&P maintains stable global reinsurance outlook despite further pricing pressure
Despite expectations that reinsurance pricing will soften further in 2027 amid ample capacity from both traditional reinsurers and alternative capital providers, S&P maintains a stable outlook for the global reinsurance sector, with “strong fundamentals” expected to offset increasingly challenging near-term market conditions. Source: Reinsurance news
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Bilal Jarjour
September 3, 2026
Global catastrophe bond issuances hit $17.3 billion in 6 months
Global catastrophe bond issuances reached a new record in the first half of this year, hitting $17.3 billion, according to the latest report from the credit rating agency AM Best. This shows the continued strong growth of the insurance-linked securities (ILS) market and its increasing role in providing capacity for reinsurance markets. Source: المال
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Bilal Jarjour
September 2, 2026
Algeria: Ministry of Finance updates compulsory Nat CAT insurance premiums
Natural catastrophe insurance premium rates have been revised in Algeria following the issuance of a new decree by the Ministry of Finance. Source: Middle East Insurance Review
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Bilal Jarjour
September 2, 2026
Insurance Federation: US–Iranian war heightens marine insurance pressure
The Insurers Federation of Egypt (IFE) clarified that the repercussions of the US–Iranian war continue to exert mounting pressure on international shipping and marine insurance markets, amid an ongoing decline in vessel traffic through the Strait of Hormuz and the expanding scope of conflict-related risks—including physical damage, sanctions, and restrictions on payments and claims settlement.…
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