August 31, 2026

Egypt: Down by 1.7%… insurance companies pay EGP 28.4bn in claims over 6 months

Insurance companies paid out EGP 28.426bn in claims during the first six months of year 2026, compared to approximately EGP 28.921bn during the corresponding period in year 2025; a decline by 1.7%. Source: أموال الغد

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POSTED BY

Bilal Jarjour

August 31, 2026

Middle East: International wealth insurance sales exceed US$4bn in 2025

International wealth insurance sales in the Middle East rose to GBP3.0bn ($4.09bn) from GBP2.4bn – a CAGR of 10.4% between 2023 and 2025, according to a report by Utmost. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

August 27, 2026

ME conflict: Saudi Arabia weighs state-backed war risk cover for ships and cargo

Saudi Arabia is exploring establishing a state-backed war risk insurance programme to reduce insurance costs for ships and cargo as risks escalate in the region. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

August 27, 2026

Oman: Regulator tightens rules covering insurance loss assessment

The Financial Services Authority (FSA) has introduced the “Regulation Governing Insurance Loss Assessment and Estimation Activities” to elevate service quality. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

August 27, 2026

Fitch: Non-life reinsurance profitability to improve in the first half of 2026 despite competition pressures

Fitch Ratings has announced an improvement in underwriting profitability for non-life reinsurers during the first half of 2026. Source: المال

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POSTED BY

Bilal Jarjour

August 27, 2026

The cyber insurance market is set to surpass $28 billion by 2030

The cyber insurance market is seeing rapid growth as the scale of risks related to data, operations, and business continuity increases, amid the rising reliance of organizations on digital solutions and the growing cost of cyber threats. Source: Al Morakeb

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POSTED BY

Bilal Jarjour

August 25, 2026

General aviation insurance market to remain highly competitive in H2’26: WTW

The general aviation insurance market is expected to remain highly competitive during the second half of 2026, with strong capacity continuing to place pressure on premiums, according to Willis Towers Watson (WTW). Source: Reinsurance News

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POSTED BY

Bilal Jarjour

August 25, 2026

Turkey: Insurance regulator sets up new anti-fraud structure

The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) has established a new structure to combat insurance fraud.  Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

August 25, 2026

UAE: 165 AED billion in insurance sector assets in the UAE

The insurance sector in the UAE continued to show strong growth indicators last year, supported by rising assets, investments, and underwritten premiums, along with notable growth in profits and the number of insurance policies, especially in the health insurance branch after it became mandatory. Source: Al Bayan

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POSTED BY

Bilal Jarjour

August 25, 2026

Saudi Arabia: Saudi Arabia is considering state-backed insurance to deal with war risks

There’s a discussion about war risk insurance plans in Saudi Arabia, as Riyadh tries to find ways to protect shipping and trade from the huge increase in insurance costs due to the Iranian conflict and the rise in Houthi attacks. Source: Al Morakeb

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POSTED BY

Bilal Jarjour