April 7, 2025

Global insurance protection gap expected to worsen through 2030, finds survey

A new survey has revealed that uncertainty around long-term earnings sustainability, emerging risks and affordability pose new challenges for insurers through 2030. Source: Asia Insurance Review

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POSTED BY

Bilal Jarjour

April 7, 2025

Algeria: Best’s market segment report: Algeria’s insurance market primed for growth and expansion

Demographic, economic and regulatory developments in Algeria appear to bode well for the country’s insurance market, which looks primed for growth, expansion, foreign investment and profitability, according to a new report from AM Best. Source: AM Best

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POSTED BY

Bilal Jarjour

April 7, 2025

Egypt: New legislation regulates the insurance sector and defines its branches

In Egypt, the new Unified Insurance Law, issued by Law no 155 of year 2024, defines the conditions for practicing all insurance branches. Source: اليوم السابع

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POSTED BY

Bilal Jarjour

April 4, 2025

Global insurance protection gap expected to worsen through 2030, finds survey

A new survey has revealed that uncertainty around long-term earnings sustainability, emerging risks and affordability pose new challenges for insurers through 2030. Source: Asia Insurance Review

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POSTED BY

Bilal Jarjour

April 4, 2025

Jordan: New insurance law strengthens companies’ position

In Jordan, insurance Lawyer Mr. Mohammed Al-Shahwan confirmed that the new insurance law criminalizes the act of selling the right to claim compensation to another person. Source: Al Morakeb Group

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POSTED BY

Bilal Jarjour

April 4, 2025

Saudi Arabia: Insurance system project – a legislative step awaiting approval to build a more efficient sector

In line with the national ambitions outlined in Saudi Vision 2030 to develop a diverse and effective financial sector, the enhancement of the insurance system emerges as a pivotal step toward achieving financial balance, boosting investor confidence, and improving the quality of life for both citizens and residents alike. Source: Al Morakeb

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POSTED BY

Bilal Jarjour

April 4, 2025

Egypt: FRA Chairman: Electronic connectivity with insurance companies boosts customer base

The Chairman of the Financial Regulatory Authority stressed the importance of insurance companies continuously developing the technological infrastructure necessary to link their database with the Authority’s database, which is one of the ways to develop supervisory and regulatory frameworks to facilitate electronic follow-up and control processes. Source: اموال الغد

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POSTED BY

Bilal Jarjour

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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POSTED BY

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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POSTED BY

Bilal Jarjour