September 9, 2025

Turkey: Premium production in participation insurance (takaful) reached 33 billion lira

Participation insurance premium production exceeded 32.5 billion lira in the first half of the year. As of June 2025, the insurance sector’s total premium production of 576.8 billion lira accounted for 5.6 percent. Source: Finansin Gündemi

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POSTED BY

Bilal Jarjour

September 9, 2025

Egypt: IFE studies steps to a unified medical system

The Insurance Federation of Egypt is studying a plan to establish a unified medical system that would cover all employees of insurance companies, including those who have retired. Source: أموال الغد

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POSTED BY

Bilal Jarjour

September 9, 2025

UAE: ADNOC and RIQ eye US$500m in reinsurance business in strategic collaboration

RIQ, the AI-native reinsurance platform and a subsidiary of International Holding Company (IHC), has entered into a strategic reinsurance collaboration agreement with ADNOC, a leading diversified energy group, wholly owned by the Abu Dhabi government. Source: Middle East Insurance Review Source: IHC

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POSTED BY

Bilal Jarjour

September 9, 2025

Saudi Arabia: Health insurance premiums forecast to double by 2030 on regulatory support & digital transformation

Health insurance premiums are projected to nearly double from SAR42bn ($11.2bn) in 2024 to SAR83bn in 2030, according to a white paper released by Bupa Arabia. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

September 4, 2025

Muscat: Insurance companies’ profits reach 19.7 million riyals in first half of 2025

The insurance sector in the Sultanate of Oman showed improved performance during the first half of the current year, supported by continuous growth in the insurance industry. Source: أرقام

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POSTED BY

Bilal Jarjour

September 4, 2025

Saudi Arabia: ‘Blme Capital’: The insurance sector faces challenges with declining interest rates

The CEO of investment at ‘Blme Capital’, Thamer Al-Saeed, stated that the insurance sector is one of the most speculative sectors in the Saudi market, comprising between 35 and 37 companies. He pointed out that about 4 to 7 of these companies have strong financial viability and fundamentals that make them attractive to investors. Source:…

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POSTED BY

Bilal Jarjour

September 4, 2025

Moody’s shifts reinsurance sector outlook to stable as market tilts toward buyers

Moody’s has changed its outlook on the global reinsurance sector to stable from positive, noting that pricing for property reinsurance is declining as the supply/demand balance shifts toward reinsurance buyers. Source: Reinsurance News

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POSTED BY

Bilal Jarjour

September 4, 2025

Gulf Islamic insurance companies are facing a decline in profits despite strong revenue growth

S&P Global Ratings expects that Islamic and Takaful insurance companies in the Gulf Cooperation Council (GCC) countries will experience a sharp decline in profits during 2025, even as they continue to benefit from strong revenue growth. Source: بوابة التأمين الإقتصادية

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POSTED BY

Bilal Jarjour

September 2, 2025

Softening reinsurance market could drive M&A opportunities: Fitch

According to Fitch Ratings, a softening reinsurance marketplace might well drive the return of merger and acquisition (M&A) activity as organic opportunities diminish. Source: Reinsurance News

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POSTED BY

Bilal Jarjour

September 2, 2025

Best’s Market Segment Report: European ‘big four’ reinsurers maintain their risk appetites

Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR – reported strong results in 2024, benefitting from good rate adequacy and continued underwriting discipline on policy terms and attachment points.  Source: AM Best

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POSTED BY

Bilal Jarjour