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October 4, 2025
Egypt: insurance premiums grow by 21.4% and claims rise to 6.2 billion pounds in July 2025
The total premiums collected from insurance activities rose to 11.2 billion pounds in July 2025, compared to 9.19 billion pounds in the same month of year 2024. Source: المال
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Bilal Jarjour
October 1, 2025
Morocco: Govt increases parafiscal solidarity tax rate on insurance policies
Morocco is strengthening its protection against natural disasters by increasing the parafiscal solidarity tax levied on insurance contracts. Source: Middle East Insurance News
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Bilal Jarjour
October 1, 2025
Turkey: Insurance industry’s capital adequacy at all-time high
The Turkish insurance industry is in its most secure period in terms of capital adequacy, liquidity, risk management and similar indicators. Source: Middle East Insurance News
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Bilal Jarjour
October 1, 2025
Climate change could drive reinsurance volume, but softening a more immediate threat: Morningstar
While climate change could drive reinsurance volume in the long-term, softening of the market is more important in the medium-term, Morningstar analysts have highlighted in a recent report. Source: Reinsurance News
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Bilal Jarjour
October 1, 2025
Egypt: Financial Regulatory Authority Issues Guidelines for Digitally Issuing and Distributing Insurance Policies
The Financial Regulatory Authority, chaired by Dr. Mohamed Farid, has issued a decision concerning the regulation of insurers issuing and distributing insurance policies digitally through information system networks. Source: اموال الغد
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Bilal Jarjour
September 29, 2025
Egypt: IFE launches a plan to bridge the actuarial gap in the market
Mr Alaa El-Zohairy, Chairman of the Insurance Federation of Egypt, revealed that the Federation is seeking to bridge the professional gap in the number of actuaries in the labor market by adopting the development of specialized academic and training programs. Source: أموال الغد
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Bilal Jarjour
September 29, 2025
Kuwait’s Insurance Regulatory Unit issues a decision regarding practice and registration licenses
The Kuwaiti Insurance Regulatory Unit issued the decision no 27 of year 2025 regarding the extension of practice and registration licenses for entities related to the unit. Source: معلومات مباشر
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Bilal Jarjour
September 29, 2025
There are challenges, but reinsurance conditions remain favourable: Lockton
The property reinsurance market continues to soften and is not without its challenges as sellers continue to scrutinise secondary perils and re/insurers struggle to develop a universal view on the impact of tariffs and inflation on losses, according to report from broking group Lockton. Source: Reinsurance News
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Bilal Jarjour
September 29, 2025
Best’s market segment report: MENA reinsurance capacity remains dynamic and abundant despite testing conditions
Market conditions present challenges and opportunities for reinsurers domiciled in the Middle East and North Africa (MENA) region, according to a new AM Best report. Increased natural catastrophe activity, volatile oil prices, heightened geopolitical tension, increased public debt burdens and high inflation are some of the hurdles MENA reinsurers are currently navigating. Source: AM Best
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Bilal Jarjour
September 26, 2025
Saudi Arabia: Health insurers rely on investment gains for profits despite sharp premium hikes
Health insurance premiums in Saudi Arabia rose sharply by more than 300% between 2009 and 2024. The average annual premium per person tripled to SAR4,511 ($1,203) by the end of 2024 from SAR1,491 in 2009, with expectations that it would reach SAR9,500 by 2030, according to a study by the Argaam news platform. Source: ارقام
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