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August 9, 2025
Egypt: The Insurance Federation recommends the necessity of developing technical capabilities and expanding coverage in the sector
The Egyptian Insurance Federation, headed by Mr Alaa Al-Zuhairi, advised its member insurance companies to develop their technical capabilities and expand their coverage in line with sustainable development goals. Source: أموال الغد
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Bilal Jarjour
August 9, 2025
Gallagher Re: Property reinsurers must commit to AI investment to drive future growth
Gallagher Re’s recent Global Insurtech Report highlights AI’s potential to make property re/insurance more data-driven, responsive, and profitable, but achieving this requires reinsurers to commit to investing in AI, including building robust data infrastructure capable of handling vast and varied datasets. Source: Reinsurance News
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Bilal Jarjour
August 7, 2025
Insured losses in 2025 could exceed $150bn following costly H1: Swiss Re
The Swiss Re Institute has revealed that global insured losses from natural catastrophes hit $80 billion in H1 2025. Source: Reinsurance News
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Bilal Jarjour
August 7, 2025
AI: Intelligent Agents and the Future of Human Interaction in Insurance by 2035 (MAPFRE)
MAPFRE’s study explores how AI and intelligent agents will transform insurance by 2035, highlighting four scenarios and key trends for future interactions. Source: completeaitraining
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Bilal Jarjour
August 7, 2025
Syria: meeting between the Insurance Supervisory Authority and the insurance companies
As part of the continuous efforts to develop the insurance sector in Syria, and based on the previous meeting that brought together the Insurance Supervisory Authority and the directors of insurance companies (public and private), the Authority held a consultative meeting on Monday 4 August 2025, with a number of company managers and experts. The…
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Bilal Jarjour
August 7, 2025
Turkiye: Maps and modelling crucial to reducing forest fire risk
Forest fire susceptibility maps are essential tools for minimising the devastating impacts of wildfires on ecosystems, communities, and the natural environment, according to Professor Halil Akinci, director of the Natural Disasters Application and Research Centre at Artvin Coruh University. Source: Middle East Insurance Review
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Bilal Jarjour
August 4, 2025
Wildfires around Los Angeles, severe thunderstorms: US natural catastrophes dominate global losses in the first half of 2025
High overall losses of around US$131bn slightly lower than last year – but well above long-term average. Source: Munich Re
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Bilal Jarjour
August 4, 2025
Willis predicts natural catastrophes will not offer insurers any respite in 2025
Natural catastrophes continue to put a strain on global insurance markets, according to the latest Natural Catastrophe Review published by Willis. Source: Eco-Business
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Bilal Jarjour
August 4, 2025
Egypt: Mohamed Ramadan concert incident… the most important insurance policies that must be concluded before organizing art events
In Egypt, the incident at artist Mohamed Ramadan’s concert on the North Coast highlighted the importance of certain insurance policies that must be concluded before organizing concerts to provide comprehensive insurance coverage for concert organizers, workers, and attendees. Source: أموال الغد
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Bilal Jarjour
August 4, 2025
Q2 2025: Global Insurance Market Overview by Aon
Buyer-friendly conditions generally continued in Q2, with organizations taking advantage of the market environment by reinvesting savings into program enhancements and loss control measures to strengthen long-term resilience. Source: Aon
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