July 25, 2026
Egypt: Extension of the grace period for non-resident foreign reinsurance brokers to comply with regulations until October 31
In Egypt, the Board of Directors of the Financial Regulatory Authority (FRA), chaired by Dr Islam Azzam, issued a decision to extend the deadline granted for non-resident foreign reinsurance brokers to adjust their status regarding the registration requirements and standards until October 31, 2026. Source: اليوم السابع
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Bilal Jarjour
July 25, 2026
Egypt: Ceasefire boosts insurance premium growth in April
The return of regional stability following the halt of military escalation between Iran and Israel, along with strong activity in motor, health, marine, and personal insurance, helped the Egyptian insurance market achieve one of its strongest jumps in recent years. Source: المال
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Bilal Jarjour
July 25, 2026
Global: Abundant capacity and competition drive 6% global commercial insurance rate decline in Q2’26
Global commercial insurance rates fell 6% in Q2 2026, marking the eighth consecutive quarterly decline, driven by abundant capacity and strong insurer competition across all major product lines, according to the latest Global Insurance Market Index (GIMI) released by Marsh. Source: Reinsurance News
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Bilal Jarjour
July 22, 2026
Kuwait: Insurance Sector Shrinks by 12% in FY2026
Total premiums written in Kuwait’s insurance market declined during the fiscal year ending March 31, 2026 (FY2026), mainly due to the health insurance sector, according to the latest annual report from the Insurance Regulatory Unit. Source: مصارف وتأمين
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Bilal Jarjour
July 22, 2026
Oman: Insurance market reports topline expansion but softer profits in 1H2026
1H2026 reflects a resilient yet more measured performance for Oman’s listed insurance sector, as strong topline growth was offset by softer profitability amid a normalization of earnings, Source: Middle East Insurance Review
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Bilal Jarjour
July 22, 2026
Turkey: Life insurance premiums grow faster than non-life in 1H2026
The Turkish insurance sector generated total premiums of TRY744bn ($15.8bn) in the first six months of this year, a 29% increase compared to the corresponding half of last year, according to data compiled by the Insurance Association of Turkiye (TSB). Source: Middle East Insurance Review
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Bilal Jarjour
July 22, 2026
Guy Carpenter: Insurance Companies Are Moving Towards Diversifying Reinsurance Sources with Alternative Capital
Guy Carpenter, the reinsurance brokerage arm of global giant Marsh, confirmed that insurance companies around the world are increasingly leaning towards working with reinsurers who can provide capacity from various sources, whether through traditional or alternative capital, giving them greater flexibility in designing reinsurance programs. Source: المال
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Bilal Jarjour
July 20, 2026
Turkey: Aims to become a regional takaful hub
Turkey is actively addressing new avenues to increase inclusivity of the financial ecosystem, including strengthening the takaful regulatory infrastructure and its framework, said the Insurance and Private Pension Regulation and Supervision Authority (SEDDK) Vice President Ali Burak Kurtulan at the opening of the DWIC Connect Istanbul held on 7 July. Source: Middle East Insurance Review
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Bilal Jarjour
July 20, 2026
Egypt: Regional integration and unified regulations boost insurance markets in Central Africa
The Egyptian Insurance Federation confirmed that regional economic and regulatory groupings have played a key role in developing insurance markets in Central Africa over the past two decades, by unifying regulations and enhancing economic integration, which has helped improve market efficiency and make them more attractive to investors. Source: المال
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Bilal Jarjour
July 20, 2026
Egypt: Strategic cooperation to empower the private sector to support the comprehensive health insurance system
Dr Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), met with Dr Ahmed El Sobky, Chairman of the Egypt Healthcare Authority and General Supervisor of the Comprehensive Health Insurance project. They discussed ways to cooperate on attracting investment to the healthcare sector, supporting Egypt’s goals to improve health services for…
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