September 2, 2025

Tunisia: Insurance market grows by 11% in 1H2025 on buoyant life business

The insurance market in Tunisia registered double-digit growth in the first half of the year, supported by a notable increase in life insurance business, which was the fastest-growing branch of business. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

September 2, 2025

Kuwait: The Insurance Regulatory Unit urges insurance companies to adhere to the prohibition of cash transactions for compulsory policies

The Insurance Regulatory Unit urges all insurance companies operating in the market to adhere to the necessity of not accepting or conducting any cash transactions related to the issuance of compulsory insurance policies. Source: Al Morakeb Group

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POSTED BY

Bilal Jarjour

September 1, 2025

Saudi Arabia: The individual spending rate on insurance rises to 2367 riyals (+16%) in 2024

The annual report on the insurance market in the Kingdom, issued by the Insurance Authority, showed an increase in the individual spending rate on insurance in Saudi Arabia by 16% to 2367 riyals in 2024 compared to 2035 riyals in 2023. Source: تأمين ومصارف

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POSTED BY

Bilal Jarjour

September 1, 2025

Morocco: Insurance policies to cost more on higher disaster solidarity tax rate

Insurance premiums are expected to increase soon, as the government is planning to increase the tax rate to strengthen the Solidarity Fund against Catastrophic Events. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

September 1, 2025

Turkiye: Growth of takaful sector mirrors expansion of overall insurance market

The participation insurance (takaful) market in Turkiye attracted contributions exceeding TRY32.5bn ($790m) in the first half of the year. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

September 1, 2025

Egypt: The Union of Egyptian Insurance Companies says that technology and global changes are reshaping the industry’s features.

The Union of Egyptian Insurance Companies confirmed that the key trends currently witnessed globally, such as demographic changes and increasing awareness of climate-related risks. Source: المال

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POSTED BY

Bilal Jarjour

August 29, 2025

Egypt: FRA: Ins growth during 5 months

The Financial Regulatory Authority revealed a growth in the insurance activity (premiums, claims, and investments of private insurance funds) in Egypt during the first five months of year 2025, reaching approximately EGP 83.4 billion. Source: صدى البلد

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POSTED BY

Bilal Jarjour

August 29, 2025

Tunisia: Regulator publishes AML/CFT guidelines for insurers

Tunisia’s insurance regulator, the General Insurance Council (CGA) has released guidelines to the insurance industry on customer due diligence obligations. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

August 29, 2025

Qatar: 7 listed insurers show modest combined profit growth in 1H2025

Qatar’s seven listed insurance companies recorded combined profits after tax of QAR763.38m ($209.78m) for the first half ended 30 June 2025, 5.76% higher than the QAR721.77m posted for the corresponding half in 2024. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

August 29, 2025

Saudi Arabia: Insurance mergers accelerate to reshape the competition map

The insurance sector in Saudi Arabia is witnessing a wide-ranging movement toward mergers and restructuring, driven by the pressure of operating expenses and financial solvency challenges. Source: الشرق الأوسط

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POSTED BY

Bilal Jarjour