Saudi Arabia: Pilot implementation of RBC regime to begin in 2026
The insurance industry in Saudi Arabia will start its transition to a risk-based capital (RBC) regime next year, with full adoption targeted for 2027. Source: Middle East Insurance Review
War risks return to the seas as reinsurance faces a new era of uncertainty
According to Willis Re, the marine war risks market, once a quiet, predictable corner of global reinsurance, is being reshaped by renewed geopolitical tension and rising aggression at sea. Source: Reinsurance News
Egypt: 108 Companies and 21 Branches in the Updated Reinsurance List in the Egyptian Market
The Financial Regulatory Authority, headed by Dr. Mohamed Farid, has updated the list of registered reinsurance companies and branches that licensed insurance companies in Egypt are allowed to deal with, in accordance with the new regulations issued by the authority in recent days. Source: اموال الغد
Reinsurance market set for measured softening in 2026 Stable conditions and ample capacity are shifting the balance
Antares Global CEO Mike van der Straaten has provided an assessment of reinsurance market conditions ahead of the Baden-Baden meetings, focusing on the dynamics expected for the Jan. 1, 2026, renewals. Source: Reinsurance News
UN insurance forum advocates establishing international taskforce on climate risk
The United Nations Environment Programme (UNEP) hosted the Forum for Insurance Transition (FIT), which recommended establishing an International Taskforce on Climate Resilience and Transition Insurance. Source: Reinsurance News
Lebanon: insurance companies and protection against money laundering
How is money laundering carried out, who is the authority responsible for supervision and compliance in the insurance sector, and what are the supervisory methods and follow-up mechanisms used? Source: نداء الوطن
Saudi Arabia Ingate Conference and Exhibition: Insurance Growth Rate in Saudi Arabia Exceeds the Average Growth of G20 Countries.
The Saudi insurance market recorded growth exceeding 17% in 2024, according to the Chairman of the Saudi Central Bank of Insurance, Abdulaziz Al-Buq, during the Ingate Conference and Exhibition organized by the Insurance Authority under the slogan ‘Move Towards Tomorrow,’ adding that the growth rate (2.6%) exceeds the average of
Egypt: Insurance Sector Welcomes Financial Regulatory Authority’s Decision to Invest in Gold and Precious Metals
The Insurance Federation of Egypt praised the decision issued by the Financial Regulatory Authority, which for the first time allows life insurance companies and capital formation operations to directly invest in gold and precious metals, affirming that the decision represents a qualitative leap in the development of investment tools within
The insurance industry in Saudi Arabia will start its transition to a risk-based capital (RBC) regime next year, with full adoption targeted for 2027. Source:
According to Willis Re, the marine war risks market, once a quiet, predictable corner of global reinsurance, is being reshaped by renewed geopolitical tension and
The Financial Regulatory Authority, headed by Dr. Mohamed Farid, has updated the list of registered reinsurance companies and branches that licensed insurance companies in Egypt
Antares Global CEO Mike van der Straaten has provided an assessment of reinsurance market conditions ahead of the Baden-Baden meetings, focusing on the dynamics expected
The United Nations Environment Programme (UNEP) hosted the Forum for Insurance Transition (FIT), which recommended establishing an International Taskforce on Climate Resilience and Transition Insurance.
How is money laundering carried out, who is the authority responsible for supervision and compliance in the insurance sector, and what are the supervisory methods