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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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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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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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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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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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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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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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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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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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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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