June 5, 2026
Ships face 4,000-times higher insurance costs to cross Strait of Hormuz
Dozens of ships have managed to sneak through the Strait of Hormuz in recent weeks, but attempts remain highly risky and are no substitute for a free and open waterway, industry experts have warned. Source: The National
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Bilal Jarjour
June 5, 2026
Insurance AI adoption tempered by systemic risks and structural vulnerabilities, reveals GlobalData
Artificial Intelligence (AI) adoption accelerates across the insurance ecosystem, yet underlying market realities temper widespread optimism. Source: Global Data
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Bilal Jarjour
June 5, 2026
Allianz Global Insurance Report 2026: The future of insurance in a fragmenting world
The insurance industry is cooling from exceptional growth, not slowing into weakness. Global premiums rose by +7.1% to EUR6.9trn in 2025, adding EUR456bn to the global premium pool. Source: Allianz
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Bilal Jarjour
June 3, 2026
Algeria: UNDP to strengthen inclusive insurance capacity
The United Nations Development Program (UNDP) and the Algerian Institute of Higher Financial Studies (IAHEF) have signed a memorandum of understanding aimed at strengthening national capacities in the field of inclusive insurance in Algeria. Source: Middle East Insurance Review
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Bilal Jarjour
June 3, 2026
Allianz Global Insurance Report 2026: The future of the insurance industry in a world heading towards fragmentation
The Allianz Global Insurance Report for 2026 revealed that the global insurance industry continued its upward trajectory during 2025, with total global insurance premiums estimated to have increased by 7.1% to reach 6.9 trillion euros, adding about 456 billion euros to the total global premium portfolio. This is despite a slowdown in growth compared to…
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Bilal Jarjour
June 3, 2026
Tunisia: Insurance market grows by 10.5% in 1Q2026
The Tunisian insurance market generated satisfactory growth in premium income in the first quarter of the year, buoyed by a notable increase in life insurance premiums and positive growth across all lines. Source: Middle east Insurance Review
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Bilal Jarjour
June 3, 2026
Turkiye: Insurance association raises forecast for 2026 premium volume
The Insurance Association of Turkiye (TSB) anticipates that, with adjustments for inflation, the Turkish insurance industry will likely report a premium volume of around TRY1.75tn ($38.12bn) this year, according to its President, Mr. Ahmet Yasar. Source: Middle east Insurance Review
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Bilal Jarjour
May 30, 2026
Middle East conflict creates limited Q1’26 pressure for global specialty P&C insurers: Morningstar DBRS
Morningstar DBRS, a global credit ratings, risk analysis, and financial research agency says the financial impact of the ongoing Middle East conflict on global property and casualty (P&C) insurers remained limited during the first quarter of 2026, despite continuing disruption across the region and the closure of the Strait of Hormuz to standard shipping traffic.…
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Bilal Jarjour
May 30, 2026
Insurance sector leaders discuss transformations in the retrocession reinsurance market
The “Reinsurance News” platform, in partnership with the global reinsurance giant “Swiss Re,” hosted a specialized roundtable on the insurance and retrocession reinsurance market, on the sidelines of the IRLA 2026 conference held in the British city of Brighton during this May. Source: Al Morakeb
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Bilal Jarjour
May 30, 2026
Strait of Hormuz disruption adds pressure to marine and specialty markets, says Howden Re
Howden Re, the reinsurance arm of broking group Howden, has released analysis on the Strait of Hormuz situation, stating that while global reinsurance capacity remains solid, conditions are tightening across marine, energy and political violence lines as geopolitical instability in the region continues. Source: Reinsurance News
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