December 4, 2025
Egypt: From January 2026, the minimum and maximum wages for insurance contributions will be increased.
The National Organization for Social Insurance announced the increase of the minimum and maximum wages for insurance contributions starting from January 1, 2026, in implementation of the provisions of the Social Insurance and Pensions Law No. 148 of 2019 and its executive regulations. Source: رجال الاعمال
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Bilal Jarjour
December 2, 2025
GCC: Global investment firm launches new insurance company to consolidate insurance industry
Abu Dhabi-headquartered BlueFive Capital yesterday announced the launch of BlueFive Insurance, a dedicated platform to lead the consolidation, digitization, and specialization of the insurance industry across the Gulf Cooperation Council (GCC) and beyond. Source: Middle East Insurance News
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Bilal Jarjour
December 2, 2025
Saudi Arabia: Digital cross border vehicle insurance plan launched
A new cross border digital vehicle insurance plan has been launched for travelers between Saudi Arabia and the UAE and will be available through familiar government digital platforms. Source: Middle East Insurance News
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Bilal Jarjour
December 2, 2025
Market discipline key as negative rates hit most classes: Lloyd’s CUO
Chief Underwriting Officer at Lloyd’s, has acknowledged that rates have softened more quickly than anticipated, but emphasized that favorable trading conditions and ongoing market discipline are expected to drive strong performance for 2025. Source: Reinsurance News
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Bilal Jarjour
December 2, 2025
Egypt: Financial Regulatory Authority Adds 10 Entities to the Reinsurers List
A new update in the list of reinsurers permitted to operate in the Egyptian market, with 10 new entities added since the last update in mid-November. Source: اموال الغد
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Bilal Jarjour
November 28, 2025
Egypt: EGP 954.2 billion in financing granted by entities subject to FRA supervision during 9 months
Insurance companies’ premiums reached EGP 87.5 billion, and they paid out EGP 46.8 billion as claims. Source: أموال الغد
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Bilal Jarjour
November 28, 2025
Egypt: The Financial Regulatory Authority requires insurance companies to conduct actuarial studies to regulate brokers’ commissions and protect customers’ rights.
The Financial Regulatory Authority, headed by Dr Mohamed Farid, has obligated insurance companies to submit actuarial studies. Source: اموال الغد
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Bilal Jarjour
November 28, 2025
Egypt: FRA issues controls to regulate fees for insurance companies
The Financial Regulatory Authority (FRA), headed by Dr Mohamed Farid, issued Decision No. 267 of 2025 to regulate the controls concerning the fees due from insurance companies to entities that market and distribute insurance products. Source: الاستثمار
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Bilal Jarjour
November 28, 2025
Saudi Arabia: Insurance Authority proposes amendment to reduce claim processing time for individuals to 5 days
The Insurance Authority has put forth a draft amendment project for Article 44 of the Executive Regulations of the Cooperative Insurance Companies Control Law, inviting public opinion before December 8, 2025. The purpose of this amendment is to: Source: أرقام
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Bilal Jarjour
November 25, 2025
Tunisia: Unified auto bureau makes US$1.56m motor insurance payouts in 1H202
The Tunisian Unified Automobile Bureau (BUAT) paid out TND4.6m ($1.56m) in compensation to victims of road accidents involving foreign vehicles in Tunisia during the first half of 2025. Source: Middle East Insurance Review
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