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November 7, 2025
Iraq: Insurance market expands by 42% in second quarter of 2025
Gross written premiums for the insurance market in Iraq reached IQD142.7bn ($108.9m) in the second quarter of 2025 (April-June), against IQD100.3m in the corresponding period of the past year, registering an increase of 42%. Source: Middle East Insurance Review
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Bilal Jarjour
November 7, 2025
Egypt and Lebanon Sign Memorandum of Understanding to Enhance Integration and Joint Supervision in the Insurance Sector
In a new step towards strengthening Arab cooperation in the fields of supervision and non-banking financial regulation, Dr. Mostafa Madbouly, Prime Minister, witnessed the signing ceremony of a Memorandum of Understanding between the Egypt Financial Regulatory Authority and the Insurance Control Commission in Lebanon. Source: المال
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Bilal Jarjour
November 7, 2025
AI-centered Insurtech’s dominate as global funding hits $1.01bn in Q3: Gallagher Re
According to a new report from Gallagher Re, global Insurtech funding was $1.01 billion in Q3 2025, down 7.3% from the $1.09 billion recorded in the prior quarter. Source: Reinsurance News
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Bilal Jarjour
November 5, 2025
Saudi Arabia: The Insurance Sector a Strategic Axis for National Economic Growth
The insurance sector has become one of the main pillars of national economic growth, given the effective tools it provides for risk management and the protection of individuals and property, in addition to its role in creating a safe environment for investment and enhancing financial stability. Source: Al Morakeb
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Bilal Jarjour
November 5, 2025
Global commercial insurance rates fall 4% in Q3 2025, marking the fifth consecutive quarterly decrease
According to the latest Global Insurance Market Index released by Marsh, global commercial insurance rates fell, on average, by 4% in the third quarter of 2025, repeating the 4% decline recorded in Q2 2025. Source: Marsh
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Bilal Jarjour
November 5, 2025
GCC: Gulf Insurance Forum outlines the direction for the future of (re)insurance
The 20th Gulf Insurance Forum (GIF) concluded with a series of strategic recommendations for insurers and reinsurers across the GCC. Source: Middle east Insurance Review
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Bilal Jarjour
November 5, 2025
Egypt: Financial Regulatory Authority Issues First Governance Rules for Insurance Companies and Prohibits Combining the Roles of Chairman and CEO
The Board of Directors of the Financial Regulatory Authority issued Decision No. 200 of 2025, which includes the first binding governance rules for insurance and reinsurance companies. The aim is to enhance the regulatory framework of the insurance and reinsurance sector in Egypt, ensuring the highest levels of transparency, integrity, and accountability, and protecting the…
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Bilal Jarjour
November 1, 2025
Syria: The Insurance Supervisory Authority discusses with the Central Bank of the UAE enhancing regulatory cooperation
As part of strengthening integration, cooperation, and exchange of regulatory expertise, the Director General of the Insurance Supervisory Authority, Mr. Kifah Al-Mousa Al-Farmally, held a coordination meeting with Ms. Maryam Al-Sulaimani, Head of Insurance Supervision at the Central Bank of the United Arab Emirates. Source: Al Morakeb
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Bilal Jarjour
November 1, 2025
Algeria: Insurance market grows in 1H2025; but outstanding claims mount
The Algerian insurance market recorded a significant increase of 8.1% in revenue in the first half of 2025, reaching DZD99.3bn ($767.0m), including international acceptances. Source: Middle East Insurance Review
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Bilal Jarjour
November 1, 2025
Egypt: Cabinet Issues Decision Establishing the Charter of the Government Insurance Fund
Dr. Mostafa Madbouly, Prime Minister, issued Decision No. 3973 of 2025 to establish the charter of the Government Insurance Fund against risks resulting from medical errors. Source: Al Morakeb
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