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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POSTED BY

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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POSTED BY

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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POSTED BY

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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POSTED BY

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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POSTED BY

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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POSTED BY

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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POSTED BY

Bilal Jarjour

October 18, 2025

Lebanon: From crisis to strategy Lebanese insurance brokers set new vision

The Lebanese Insurance Brokers Syndicate (LIBS) has entered a new phase where its focus is no longer limited to confronting immediate crises, but to building a strategic path that strengthens its presence as a key component of the Lebanese economy. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

October 18, 2025

MEA: Aon forecasts 15.3% average increase in medical plan costs in the region for 2026

Aon forecasts that medical plan costs worldwide will rise by an average of 9.8 percent in 2026, according to its 2026 Global Medical Trend Rates Report Source: Aon

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POSTED BY

Bilal Jarjour

October 18, 2025

Closing cyber protection gap a critical societal responsibility: Munich Re

Munich Re has warned that the sizeable cyber insurance protection gap, which directly exposes individuals and businesses, makes closing the gap and bolstering cyber resilience not just a strategic priority for the insurance industry, but a “critical societal” responsibility. Source: Reinsurance News

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POSTED BY

Bilal Jarjour