July 6, 2026
Egypt: More actuaries and brokers in insurance market
The number of actuaries in Egypt reached 50 individuals as of 31 March 2026, compared to 46 experts compared to 12 months previously, according to the Financial Regulatory Authority’s report on the technical performance of non-banking financial activities. Source: Middle East Insurance Review
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Bilal Jarjour
July 6, 2026
War-risk insurance premiums for Gulf shipping set to stabilise after US-Iran ceasefire
Underwriters are taking a cautious approach after weeks of geopolitical tensions that pushed war-risk premiums higher, especially for vessels in the Strait of Hormuz. Source: Khaleej Times
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Bilal Jarjour
July 6, 2026
Primary insurers to bear the brunt of Q2’26 loss events: Goldman Sachs
New analysis from Goldman Sachs on Q2 2026 catastrophe events, drawing on data from insurance brokers and catastrophe modelling firms, estimates global insured catastrophe losses at approximately $24 billion, with primary insurers expected to absorb the majority of the impact. Source: Reinsurance News
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Bilal Jarjour
July 3, 2026
Saudi Arabia: Shura Council Issues Decision on the Insurance Authority’s Annual Report for the Fiscal Year
The Saudi Shura Council has issued a decision on the annual report of the Saudi Insurance Authority for the fiscal year, including a set of recommendations aimed at developing the insurance sector and enhancing its efficiency and sustainability. Source: Al Morakeb
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Bilal Jarjour
July 3, 2026
UAE: Digital transformation boosts the competitiveness of mid-sized insurance companies
The journey of digital transformation plays a key role in enhancing the competitiveness of mid-sized insurance companies in the UAE, as modern technologies help reduce operational costs, improve customer experience, and offer innovative insurance products specifically designed to meet the rapidly evolving market needs. Source: تأمين و مصارف
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Bilal Jarjour
July 3, 2026
Egypt: Financial Regulatory Authority discusses with insurance companies’ ways to boost the insurance market
The head of the Financial Regulatory Authority confirmed that boosting the insurance market is a top priority for the authority at the moment, as part of a strategy aimed at increasing the insurance sector’s contribution to GDP and expanding the base of beneficiaries from insurance services, in line with the state’s plans to achieve economic…
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Bilal Jarjour
July 3, 2026
Morocco: Insurance Federation announces study on boosting expertise
The Moroccan Insurance Federation (FMA) has launched a consultation exercise to conduct a study on the analysis and strengthening of the role of insurance experts in the Moroccan insurance sector. Source: Middle East Insurance Review
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Bilal Jarjour
July 1, 2026
Egypt: 5.4 million beneficiaries of the comprehensive health insurance system and expansion of the “100 million Seha” initiative
Egypt is benefiting from a major expansion in its healthcare services, with the number of beneficiaries under the comprehensive health insurance system reaching approximately 5.4 million people across 6 governorates as of April 2026. This expansion runs in parallel with the success of the presidential “100 million Seha” (100 million Healthy Lives) initiative, which has…
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Bilal Jarjour
July 1, 2026
Middle East: 1 July renewal rates drop 10-15% as focus stays on reinsurance continuity
Reinsurance renewals in the Middle East remains concentrated on ensuring continuity of cover for clients during the evolving geopolitical tensions between Iran and the US, according to Guy Carpenter. Source: Middle East Insurance Review
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Bilal Jarjour
July 1, 2026
Turkiye: Regulator takes new measures against illegal claims brokers
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has implemented the fourth phase of its action plan to make vehicle depreciation claim processes in compulsory motor third-party liability (traffic) insurance faster, fairer, and more transparent. Source: تأمين ومصارف
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