October 28, 2025
Prudent reserving gives large global reinsurers flexibility to smooth earnings: Fitch
Fitch Ratings’ latest analysis of a leading global reinsurer peer group, including Hannover Re, Lloyd’s, Munich Re, PartnerRe, SCOR, and Swiss Re, found that their reserving remains prudent, offering scope to manage and smooth earnings across the medium term. Source: Reinsurance News
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Bilal Jarjour
October 28, 2025
Egypt: The Financial Regulatory Authority Issues Governance Rules for Insurance and Reinsurance Companies
The Financial Regulatory Authority issued Decision No. 200 of 2025 regarding governance rules for insurance and reinsurance companies, marking a historic milestone in the development of the Egyptian insurance sector. This represents a qualitative leap in enhancing the principles of transparency and accountability and achieving a balance between the various interests within companies. Source: المال
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Bilal Jarjour
October 24, 2025
Egypt: FRA requires non-banking companies to conclude a cyber security risk insurance policy
In Egypt, the Financial Regulatory Authority (FRA), headed by Dr Mohamed Farid, has required from companies and entities engaged in non-banking financial activities to conclude an insurance policy against cyber security risks. Source: أموال الغد
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Bilal Jarjour
October 24, 2025
Syria seeks huge economic partnerships with China
Syria hopes that US sanctions against the country will be formally lifted in the coming months, according to the country’s Economy Minister Mohammad Nidal al-Shaar. The later revealed the existence of plans for five to six investment projects with China, with a total value estimated at hundreds of millions of dollars. Source: العربية
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Bilal Jarjour
October 24, 2025
Kuwait: Court orders cancellation of unified compulsory motor insurance system
The Chairman of the Supreme Committee for Insurance Regulation, Mr Muhammad Al-Otaibi, has announced the cancellation of a unified system for compulsory vehicle insurance policies following a court ruling on an appeal. Source: Middle East Insurance Review
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Bilal Jarjour
October 24, 2025
Turkey: Marmara earthquake could cause $21bn in insured losses
The first earthquake stress test in Turkiye has estimated that the financial impact of a potential Marmara earthquake would reach $21bn at the current exchange rate. Source: Middle East Insurance Review
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Bilal Jarjour
October 22, 2025
Turkiye: Regulator and industry players to form committees to work on insurance issues
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has published the final declaration of the Insurance Sector Consultative Meeting, which was held in September. Source: Middle East Insurance Review
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Bilal Jarjour
October 22, 2025
Now is the time to push traditional boundaries of risk-taking: Guy Carpenter’s Rousseau
Speaking at the Baden-Baden Reinsurance Symposium, Laurent Rousseau, CEO of EMEA and Global Capital Solutions at Guy Carpenter, urged the re/insurance industry to step up and push the traditional boundaries of risk-taking. Source: Reinsurance News
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Bilal Jarjour
October 22, 2025
Egypt: IFE reviews the role of the ins sector in the economic growth
In its weekly newsletter, the Insurers Federation of Egypt reviewed the role of the insurance sector as a tool for economic development towards an integrated model of developmental insurance in Africa, as per the annual report of the African Insurance Organization (AIO). Source: Bloom Gate
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Bilal Jarjour
October 22, 2025
Egypt: with 25.3% growth, ins premiums reach 77.6 billion EGP in 8 months
Insurance companies operating in the Egyptian market recorded a total collected premiums of 77.583 billion EGP during the first 8 months of year 2025, compared to 61.928 billion EGP during the same period in year 2024. Source:أموال الغد
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