July 20, 2026

Kuwait: Insurance industry contracts by 12% in FY2026

Gross written premiums for Kuwait’s insurance market retreated in the fiscal year ended 31 March 2026 (FY2026), with the fall attributed largely to the health insurance business, according to the Insurance Regulatory Unit’s latest Annual Report. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

July 11, 2026

Egypt: FRA Chairman Islam Azzam issues a decision to facilitate the approval of group insurance contracts

Dr Islam Azzam, Chairman of the Financial Regulatory Authority (FRA), issued a decision regarding the regulations for notifying the Authority of insurance contract data issued by life insurance and fund formation companies. Source: رجال الأعمال

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POSTED BY

Bilal Jarjour

July 11, 2026

Egypt: Head of FRA: 448,000 insurance policies issued for Egyptians abroad with EGP 110 million as premiums within a year

The Chairman of the Financial Regulatory Authority (FRA), Dr Islam Azzam, revealed that around 448,000 insurance policies have been issued for Egyptians working abroad, with total premiums reaching EGP 110 million since the update of the optional insurance policy in July 2025. Source: أموال الغد

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POSTED BY

Bilal Jarjour

July 11, 2026

Kuwait: the “Insurance Regulatory Unit” issues a circular regarding anti-money laundering and combating the financing of terrorism requirements

The Kuwaiti Insurance Regulatory Unit issued the circular no 14 of year 2026 regarding the obligations that entities subject to anti-money laundering and combating the financing of terrorism rules must comply with. Source: معلومات مباشر

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POSTED BY

Bilal Jarjour

July 11, 2026

Risk of supply shocks from ME conflict likely to remain elevated, with specialty lines most directly exposed

The Middle East conflict that dominated the first half of 2026 represents the fourth major supply shock to the global economy in the past six years, according to Swiss Re. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

July 8, 2026

Egypt: Insurance federation calls for alignment with national strategies to foster growth

The Insurers Federation of Egypt (IFE) has emphasized that the insurance sector is a cornerstone of economic and financial stability. Moving beyond its traditional role of merely compensating for losses, the sector acts as a key driver of economic development and risk mitigation at both the macro and micro levels. Source: Middle east Insurance Review

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POSTED BY

Bilal Jarjour

July 8, 2026

Turkiye: Police smash $4.3m fake accident insurance racket, 240 suspects identified

The Turkish authorities have busted a criminal organization based in Izmir, which is alleged to have defrauded insurance companies of approximately TRY200m ($4.3m) through fake traffic accidents. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

July 8, 2026

Mid-year 2026 casualty reinsurance demand flat as favorable pricing conditions persist: Aon

Aon, Report for the mid-year 2026 renewals that casualty reinsurance demand remained broadly flat, while pricing conditions stayed favorable across both US and international markets amid rising capacity and sustained competition. Source: Reinsurance News

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POSTED BY

Bilal Jarjour

July 8, 2026

Global insurance companies’ assets rise to $42 trillion by the end of 2024

The Egyptian Insurance Federation confirmed in its weekly bulletin that the total assets of global insurance companies increased by 3% to reach around $42 trillion by the end of 2024, reflecting the growing role of the sector in supporting financial markets and financing long-term investments. Source: المال

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POSTED BY

Bilal Jarjour

July 6, 2026

Saudi insurance sector to extend gains in next 2 years: S&P Global

S&P Global Ratings expects the Saudi insurance market to continue its profitability trajectory over the next two years, despite the gap projected to persist between small and large-cap insurance firms. Source: argaam

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POSTED BY

Bilal Jarjour