August 1, 2026

Turkiye: Number of insurance fraud reports drops by 12% in 1H2026

The number of insurance fraud reports fell by 12.4% to 2,212 in the first half of this year, compared to the corresponding half of 2025, according to data from the Insurance Fraud Prevention Bureau (SISEB) of the Insurance Information and Monitoring Centre. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

August 1, 2026

Morocco: Insurance industry’s 2025 ROE is highest in 10 years

The Moroccan insurance industry posted a combined net income of MAD5.3bn ($566m) in 2025, which represents a jump of 21.4% over 2024, as the sector benefitted from the strong performance of the financial market, according to the 2025 Annual Financial Stability Report. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

July 29, 2026

 AI creates new competitive dynamics across the insurance sector: McKinsey & Company

In a recent analysis, McKinsey & Company, a management consulting firm, examines how artificial intelligence (AI) could influence the future direction of the global insurance sector, arguing that insurers, distributors and technology providers that prepare early may be better positioned as industry structures evolve. Source: Reinsurance News

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Bilal Jarjour

July 29, 2026

UAE: The market is stable and there are no signs of increases in vehicle insurance prices

Officials and experts in the insurance sector said that vehicle insurance prices in the local market have risen by up to 50% over the past two years, as the market entered a new phase following the exceptional weather conditions that hit the region in April 2024, due to the increase in car-related claims. Source: Al…

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POSTED BY

Bilal Jarjour

July 29, 2026

ME Conflict: Many GCC insurers seen as well-positioned to withstand geopolitical headwinds

GCC insurers remain vulnerable to second-order effects from the Middle East conflict, according to AM Best in a new report. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

July 29, 2026

Egypt: Union: Low Insurance Penetration in East Africa Opens Up Wide Prospects for Future Growth

The performance indicators of insurance markets in the region reflect continued growth, despite the challenges facing the sector, pointing out that the low insurance penetration rates also represent a great opportunity for expansion and increasing the customer base in the coming years. Source: المال

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POSTED BY

Bilal Jarjour

July 28, 2026

Turkiye: Regulator imposes new licensing and capital rules for insurance support service providers

The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) has published a revised regulation in the Official Gazette, requiring support service providers offering damage management and assistance services to obtain permission from the regulator to operate. Source: Middle East Insurance Review

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Bilal Jarjour

July 28, 2026

ME conflict: Saudi-linked ships face heightened attack risk in Houthis’ Red Sea blockade

Saudi Arabia-flagged, owned or operated vessels, vessels en route to or from Saudi Arabia and the Kingdom’s Red Sea ports are assessed at high risk of a Houthi attack, according to Ambrey Analytics. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour

July 28, 2026

UAE insurance market achieves strong growth of 69.8% over five years

The insurance sector in the United Arab Emirates recorded remarkable growth over the past five years, with total written premiums increasing from AED 44.3 billion in 2021 to AED 75.2 billion by the end of year 2025. Source: Al Morakeb Group

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POSTED BY

Bilal Jarjour

July 25, 2026

Qatar: Central bank grants first license for insurance comparison website

Qatar’s central bank has issued the country’s first license for an insurance policy price comparison website, marking a further step in its efforts to expand the FinTech sector. Source: Middle East Insurance Review

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POSTED BY

Bilal Jarjour