October 30, 2025
GCC: Growth momentum continues as insurance sector embraces digital and climate-driven change
The insurance markets in the GCC are witnessing profound transformation in various aspects of their operations, with growth expected to continue in the current year, propelled by several favorable factors, participants of the 20th Gulf Insurance Forum in Dubai were told. Source: Middle East Insurance Review
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Bilal Jarjour
October 30, 2025
Egypt: One-year deadline for insurance companies to comply with new governance regulations
The Financial Regulatory Authority, headed by Dr. Mohamed Farid, granted insurance and reinsurance companies a one-year period to align their operations with the new rules issued regarding governance standards in these companies. Source: اموال الغد
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Bilal Jarjour
October 30, 2025
Casualty reinsurance capacity expands, but prior year losses generate caution
Adverse development for past-year casualty losses is shaping the environment for reinsurance buyers as they head toward Jan. 1 renewals. While reinsurers have re underwritten some poor-performing accounts, they remain cautious. Source: Business Insurance
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Bilal Jarjour
October 28, 2025
Saudi Arabia: Diriyah prepares to host the Global Insurance Conference.
The Insurance Authority launches the ‘Ingate’ portal The Insurance Authority has launched a new electronic platform (Ingate) to enable those interested to register their interest in participating and attending the events of the Global Insurance Conference and Exhibition organized by the Authority in the city of Diriyah, Riyadh region, from November 10 to 12. Source:…
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Bilal Jarjour
October 28, 2025
Turkiye: Amended Private Health Insurance Regulation to take effect on 1 Jan 2026
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has published the amended Private Health Insurance Regulation in the Official Gazette which will enter into force on 1 January 2026. Source: Middle East Insurance Review
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Bilal Jarjour
October 28, 2025
Prudent reserving gives large global reinsurers flexibility to smooth earnings: Fitch
Fitch Ratings’ latest analysis of a leading global reinsurer peer group, including Hannover Re, Lloyd’s, Munich Re, PartnerRe, SCOR, and Swiss Re, found that their reserving remains prudent, offering scope to manage and smooth earnings across the medium term. Source: Reinsurance News
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Bilal Jarjour
October 28, 2025
Egypt: The Financial Regulatory Authority Issues Governance Rules for Insurance and Reinsurance Companies
The Financial Regulatory Authority issued Decision No. 200 of 2025 regarding governance rules for insurance and reinsurance companies, marking a historic milestone in the development of the Egyptian insurance sector. This represents a qualitative leap in enhancing the principles of transparency and accountability and achieving a balance between the various interests within companies. Source: المال
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Bilal Jarjour
October 24, 2025
Egypt: FRA requires non-banking companies to conclude a cyber security risk insurance policy
In Egypt, the Financial Regulatory Authority (FRA), headed by Dr Mohamed Farid, has required from companies and entities engaged in non-banking financial activities to conclude an insurance policy against cyber security risks. Source: أموال الغد
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Bilal Jarjour
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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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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