September 22, 2025
Egypt: 214% growth in insurance premiums, and the market pays 6.2 billion pounds in compensation during July 2025
The insurance sector in Egypt recorded strong performance during July 2025, according to the monthly report issued by the Financial Regulatory Authority, which indicated the continued growth of non-banking financial activities. Source: المال
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Bilal Jarjour
September 18, 2025
Egypt: “The Healthcare Authority”: 13 Billion EGP in private medical insurance premiums during the first half
Dr Ahmed El-Sobky, Head of the Egypt Healthcare Authority, stated that the private medical insurance sector achieved a remarkable increase in premium growth during the first half of the current year, reaching 13 billion EGP. This represents a 15% increase over the same period of last year. Source: أموال الغد
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Bilal Jarjour
September 18, 2025
Iraq: Insurance Diwan issues regulations for the first time to organize Takaful and Retakaful
In Iraq, the Insurance Diwan announced the issuance of takaful and retakaful regulations no 1 of year 2025, based on the provisions of article no 104 of the “Law on the Regulation of Insurance Business” no 10 of year 2005. Source: ديوان التأمين
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Bilal Jarjour
September 18, 2025
Türkiye: 5th port joins Lloyd’s Top 100 container ports, expanding insurance demand
The rapid growth in Turkiye’s maritime sector has created new needs in cargo insurance, transportation, and liability policies, according to Mr Murat Ciftci, CEO of IBS Insurance and Reinsurance Brokerage. Source: Middle East Insurance Review
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Bilal Jarjour
September 18, 2025
Turkey: Turkic World Insurance Union established
The Turkic World Insurance Union (TWIU) has been officially launched with its first general assembly meeting held in Shusha, the cultural capital of Azerbaijan. Source: Azer News
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Bilal Jarjour
September 15, 2025
Egypt extends the deadline for insurance companies to submit financial statements until the end of October
In Egypt, the Financial Regulatory Authority’s Board of Directors has issued resolution no 223 of year 2025 regarding the extension of the period for insurance companies to submit their periodic financial statements. Source: أموال الغد
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Bilal Jarjour
September 15, 2025
Syria gets $7.9m payout from drought parametric policy
A parametric insurance policy has been triggered to provide relief to nearly 120,000 people in Syria after one of the country’s worst droughts in half a century, through an initiative funded by Humanity Insured as part of a wider public–private partnership with the World Food Programme (WFP), the Global Shield Financing Facility, and support from…
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Bilal Jarjour
September 15, 2025
Aon tops reinsurance broker ranking on 2024 revenues, but Guy Carpenter ahead in 2025
Our ranking of the world’s largest reinsurance brokers reveals that, based on revenues, Aon Reinsurance Solutions led the way in 2024, however, Guy Carpenter, the reinsurance broking arm of Marsh McLennan, is ahead in 2025. Source: Reinsurance News
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Bilal Jarjour
September 15, 2025
Can global reinsurers stay on track through 2026?
During the upcoming renewals, S&P Global Ratings expects a moderate decline in pricing for short-tail lines but that global reinsurers will hold firm on terms and conditions. Source: Carrier Management
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Bilal Jarjour
September 11, 2025
Kuwait: Launch of the first phase of the “Insurance Brokers Network”
The insurance sector in Kuwait has completed the first phase of gathering a group of licensed insurance brokerage firms under the umbrella of the Insurance Brokers Network (KIBN). Source: Al Morakeb
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