July 4, 2025

Many in the UAE are eyeing international travel in 2025:

Allianz Partners Travel Index The Allianz Partners Travel Index 2025, which surveyed 500 people in the UAE regarding their travel plans, preferences and concerns for the year ahead, reveals that most of the respondents in the United Arab Emirates intend to travel internationally in the next twelve months. Source: PR Newswire

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POSTED BY

Bilal Jarjour

July 4, 2025

Morocco: Regulator to undertake study on the use of AI in insurance sector

The Insurance and Social Security Supervisory Authority (ACAPS) has launched a tender exercise inviting bids for conducting a study on the methods of monitoring and using artificial intelligence (AI) and new technologies in the insurance sector.  Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

July 2, 2025

Oman: Leading in “commitment to international standards for insurance supervision”

The International Association of Insurance Supervisors (IAIS) published a detailed assessment of Oman’s level of commitment to the Insurance Core Principles (ICPs), following a comprehensive evaluation of the Financial Services Authority in year 2024. Source: الرُّؤية

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POSTED BY

Bilal Jarjour

July 2, 2025

Algeria: Insurance market: growth of 13.3% in Q1’25

According to the CNA’s note de conjuncture, the insurance market grew by 13.3% in the 1st quarter of 2025. Source: Algeria Invest

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POSTED BY

Bilal Jarjour

July 2, 2025

Morocco: Insurance sector on a roll propelled by modernisation initiatives

The Moroccan insurance sector is entering the second half of 2025 with very favourable momentum, despite the significant disruptions affecting the global economy, according to the Moroccan Insurance Federation (FMA). Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

July 2, 2025

Aon: Retained earnings lift global reinsurer capital to record $720bn in Q1’25

Analysis by insurance and reinsurance broking group Aon estimates that global reinsurer capital increased by almost 1%, or $5 billion in the first quarter of 2025 to $720 billion. Source: Reinsurance News

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POSTED BY

Bilal Jarjour

July 1, 2025

Robust reinsurance coverage a buffer against Middle East geopolitical risk

Firms with robust reinsurance coverage, conservative investment strategies, and proactive enterprise risk management frameworks are better equipped to withstand the volatility stemming from the ongoing hostilities between Iran and Israel, according to Morningstar DBRS. Source: Reinsurance News

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POSTED BY

Ahmad Zein

July 1, 2025

Bahrain: Social Insurance Organization launches a new website

In Bahrain, the Social Insurance Organization (SIO) announced the launch of its new website (www.sio.gov.bh), as a strategic step that reflected its commitment to developing its digital insurance services system. Source: وكالة أنباء البحرين

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POSTED BY

Ahmad Zein

July 1, 2025

Algeria: Restriction on resale of imported vehicles stabilises auto insurance branch

The motor insurance branch in Algeria reached DZD22.6bn ($175.3m), in the first quarter of this year, an increase of 4.9% or DZD1bn compared to the corresponding quarter in 2024, according to statistics released by the National Insurance Council (CNA). Source: Middle East Insurance Review

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POSTED BY

Ahmad Zein

July 1, 2025

Oman: IAIS assesses as good Oman’s observance of Insurance Core Principles

Oman’s insurance regulatory and supervisory framework is assessed as having a good level of observance of the Insurance Core Principles (ICPs). Source: Middle East Insurance Review

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POSTED BY

Ahmad Zein