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June 28, 2025
Algeria: Insurance market premiums grow by 14% in 1Q2025
Algeria’s insurance market registered a 14% increase in the first quarter of the year compared to 1Q2024, dominated by the general insurance business. Source: Middle East Insurance Review
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Bilal Jarjour
June 28, 2025
Egypt: The ins sector records 34% premium growth
Egypt’s non-banking financial activities, particularly the insurance sector, demonstrated strong performance from January to April 2025, as per the monthly report issued by the Financial Regulatory Authority (FRA). Source: المال
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Bilal Jarjour
June 28, 2025
Bahrain: 7% Rise in Bahraini social insurance participants
The latest statistics of Bahrain’s Social Insurance Organization (SIO) show a 7% increase in the number of insured Bahraini employees in both public and private sectors over the past five years. Source: Al Morakeb Group
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Bilal Jarjour
June 28, 2025
The Saudi Insurance Authority to implement a new “Insurance system”
In Saudi Arabia, the Insurance Authority has invited the financial and regulatory sectors to participate in the “Regulatory impact assessment model – insurance system” from June 22, 2025, to July 22, 2025. Source: صحيفة مال
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Bilal Jarjour
June 25, 2025
Lebanon: All-Risk Insurance in Wartime
While Lebanon remains officially neutral in the military escalation between Israel and Iran, it is already feeling the first economic tremors. Source: THIS IS BEIRUT
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Bilal Jarjour
June 25, 2025
Global: Shipping cover leaps by 60%
The cost of insuring vessels navigating the Strait of Hormuz has soared, as underwriters scramble to reprice risk in response to the deteriorating security environment around one of the world’s most critical maritime corridors. Source: Insurance Business
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Bilal Jarjour
June 25, 2025
Shipping, insurance show little reaction to mounting Persian Gulf risks
Shipping markets showed little reaction to a June 11 government-backed warning about elevated risks to commercial navigation around the Persian Gulf. Source: S&P Global
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Bilal Jarjour
June 25, 2025
Global: Insurance analytics market size
The global insurance analytics market was valued at USD 14.50 billion in 2024. The market is projected to grow from USD 16.70 billion in 2025. Source: Fortune Business Insights
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Bilal Jarjour
June 24, 2025
Israel – Iran tensions drive up marine insurance costs
The ongoing conflict between Israel and Iran has significantly increased insurance costs for ships navigating the Red Sea and Persian Gulf, reflecting growing concerns over maritime security in the region. Source: SAFETY4SEA
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Bilal Jarjour
June 24, 2025
Munich Re: Tech Trend Radar 2025
The Tech Trend Radar 2025 was developed by experts from Munich Re and ERGO to identify and assess the most relevant insurance technology trends for the upcoming year. Source: Munich Re
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