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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Bilal Jarjour
September 11, 2025
Turkey: Insurance coverage of SMEs stands at 32%
While small and medium-sized enterprises (SMEs) make up 99.7% of all enterprises in Türkiye, the insurance rate for them remains at 32%. Source: Middle East Insurance Review
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Bilal Jarjour
September 11, 2025
AM Best: Reinsurers headed toward meeting their cost of capital in 2025
Unless the market experiences an additional $16 billion in net reinsurance losses between now and year-end, AM Best’s composite of top global reinsurers are set to meet their cost of capital in 2025. Source: Reinsurance News
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Bilal Jarjour
September 11, 2025
Swiss Re expects global insurance premiums to double by 2040, currently standing at $2.4 trillion
Swiss Re, a reinsurance company, predicts that the volume of insurance premiums worldwide will double by 2040, driven by industry growth at rates parallel to global GDP. Source: المال
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Bilal Jarjour
September 9, 2025
Turkey: Premium production in participation insurance (takaful) reached 33 billion lira
Participation insurance premium production exceeded 32.5 billion lira in the first half of the year. As of June 2025, the insurance sector’s total premium production of 576.8 billion lira accounted for 5.6 percent. Source: Finansin Gündemi
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Bilal Jarjour
September 9, 2025
Egypt: IFE studies steps to a unified medical system
The Insurance Federation of Egypt is studying a plan to establish a unified medical system that would cover all employees of insurance companies, including those who have retired. Source: أموال الغد
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Bilal Jarjour
September 9, 2025
UAE: ADNOC and RIQ eye US$500m in reinsurance business in strategic collaboration
RIQ, the AI-native reinsurance platform and a subsidiary of International Holding Company (IHC), has entered into a strategic reinsurance collaboration agreement with ADNOC, a leading diversified energy group, wholly owned by the Abu Dhabi government. Source: Middle East Insurance Review Source: IHC
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