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April 29, 2026
UAE: Motor claims TPA established in Dubai
Axxion has launched its operations in Dubai as an independent company specialising in managing motor insurance claims for insurance companies in the United Arab Emirates. Source: Middle East Insurance Review
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Bilal Jarjour
April 29, 2026
Cargo cover during Iran war jumps 50% in conflict zones (by IFE)
Mr Alaa El-Zoheiry, Chairman of the Insurance Federation of Egypt, stated that insurance rates for goods passing through current conflict zones have surged by approximately 50% within the scope of the Iran war zone. Source: مصراوي
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Bilal Jarjour
April 29, 2026
Regional premiums surpass $57 billion (by GAIF)
Mr Chakib Abouzaid, Secretary General of the General Arab Insurance Federation (GAIF), stated that insurance premiums in the Arab region reached $57.094 billion last year. The markets of Saudi Arabia, the United Arab Emirates, and Morocco topped the list in terms of market share within the regional markets. Source: الهيئة الوطنية للإعلام
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Bilal Jarjour
April 29, 2026
Saudi listed insurance companies end 2025 with a 42% profit drop amid sharp operational pressures
The Saudi insurance sector witnessed a dramatic shift in its financial results in 2025. A state of “general correction” cast a shadow over the performance of the 26 listed companies, leading the sector to record a sharp decline in total consolidated net profits. Source: مال
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Bilal Jarjour
April 27, 2026
ME conflict: Insurance federation (Egypt) recommends ways to minimize repercussions of war
The Insurers’ Federation of Egypt (IFE) has issued a set of recommendations to help insurers navigate geopolitical tensions and the war between the Iran-Israel-US war. Source: Middle East Insurance Review
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Bilal Jarjour
April 27, 2026
Kuwait: Insurance Regulatory Unit issues 4 new resolutions
The Kuwaiti Insurance Regulatory Unit (IRU) has issued four regulatory resolutions regarding the renewal of licenses, cancellation of business activities, and prohibition of cash transactions for entities under its supervision. These measures were taken in accordance with Law no (125) of year 2019 regarding the regulation of insurance. Source: معلومات مباشر
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Bilal Jarjour
April 27, 2026
Best’s market segment report: UAE insurers navigate geopolitical tensions following strong financial year
While listed insurers in the United Arab Emirates (UAE) have delivered improved profitability, regional geopolitical tensions are affecting certain lines of business and investment portfolios, according to AM Best. Source: AMBest
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Bilal Jarjour
April 27, 2026
Global cyber risk and insurance survey 2026
The fourth edition of Munich Re’s “Global Cyber Risk and Insurance Survey” shows that cyber resilience is widely recognized by decision-makers as a strategic corporate priority. The results and findings underline the strong potential for cyber insurance moving forward. Source: Munich Re
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Bilal Jarjour
April 24, 2026
Turkey: Real topline performance of insurance market dips in 1Q2026
The Turkish insurance market posted total premiums of TRY396.4bn ($8.8bn) for the first quarter of 2026, a jump of 30.4% year on year, making a strong start to 2026, data released by the Insurance Association of Turkiye indicate. Source: Middle East Insurance Review
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Bilal Jarjour
April 24, 2026
Increase in the cost of aviation and marine insurance coverage in the first quarter of 2026 as tensions escalate in the Middle East
The escalation of the conflict in the Middle East has led to a sharp rise in aviation and marine insurance and political violence during the first quarter of this year, amid continued caution by insurance companies despite the availability of capacity. Source: المال
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