September 1, 2025
Morocco: Insurance policies to cost more on higher disaster solidarity tax rate
Insurance premiums are expected to increase soon, as the government is planning to increase the tax rate to strengthen the Solidarity Fund against Catastrophic Events. Source: Middle East Insurance Review
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Bilal Jarjour
September 1, 2025
Turkiye: Growth of takaful sector mirrors expansion of overall insurance market
The participation insurance (takaful) market in Turkiye attracted contributions exceeding TRY32.5bn ($790m) in the first half of the year. Source: Middle East Insurance Review
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Bilal Jarjour
September 1, 2025
Egypt: The Union of Egyptian Insurance Companies says that technology and global changes are reshaping the industry’s features.
The Union of Egyptian Insurance Companies confirmed that the key trends currently witnessed globally, such as demographic changes and increasing awareness of climate-related risks. Source: المال
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Bilal Jarjour
August 29, 2025
Egypt: FRA: Ins growth during 5 months
The Financial Regulatory Authority revealed a growth in the insurance activity (premiums, claims, and investments of private insurance funds) in Egypt during the first five months of year 2025, reaching approximately EGP 83.4 billion. Source: صدى البلد
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Bilal Jarjour
August 29, 2025
Tunisia: Regulator publishes AML/CFT guidelines for insurers
Tunisia’s insurance regulator, the General Insurance Council (CGA) has released guidelines to the insurance industry on customer due diligence obligations. Source: Middle East Insurance Review
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Bilal Jarjour
August 29, 2025
Qatar: 7 listed insurers show modest combined profit growth in 1H2025
Qatar’s seven listed insurance companies recorded combined profits after tax of QAR763.38m ($209.78m) for the first half ended 30 June 2025, 5.76% higher than the QAR721.77m posted for the corresponding half in 2024. Source: Middle East Insurance Review
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Bilal Jarjour
August 29, 2025
Saudi Arabia: Insurance mergers accelerate to reshape the competition map
The insurance sector in Saudi Arabia is witnessing a wide-ranging movement toward mergers and restructuring, driven by the pressure of operating expenses and financial solvency challenges. Source: الشرق الأوسط
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Bilal Jarjour
August 27, 2025
UAE: Central bank assesses implications of climate risks on financial sector
A study by the Central Bank of the UAE (CBUAE) has assessed the financial implications of climate-related disasters for the financial system, including the broader macroeconomic impact. Source: Middle East Insurance Review
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Bilal Jarjour
August 27, 2025
Uzbekistan is fighting the outflow of foreign currencies by establishing a national reinsurance company.
Uzbekistan officially establishes its first national reinsurance company, which is set to start operations on September 1 of this year, just a few days away. Source: تأمين ومصارف
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Bilal Jarjour
August 27, 2025
Turkey: Insurance market’s profit increases by 59% in 2024
The Turkish insurance sector demonstrated significant growth in 2024, with total profits reaching TRY31.8bn, a 59.46% increase compared to the previous year, according to KPMG. Source: Middle East Insurance Review
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