The insurance sector: sustainable growth driven by a strong economy and digital transformation
The insurance sector in Qatar continues to strengthen its position as one of the vital financial sectors supporting the national economy. This growth benefits from the ongoing economic expansion, population growth, regulatory developments led by the Qatar Central Bank, along with the acceleration of digital transformation and increased awareness of
Munich Re: Cyber Attacks Now the Biggest Global Risk
A recent Risk Scan 2026 report from Munich Re insurance company revealed that cyber-attacks have become the biggest threat to all economic sectors worldwide, surpassing risks like business interruptions and natural disasters, at a time when pressures are increasing due to digital transformation, climate changes, and economic tensions. Source: Al
Middle East tensions could slow listed UAE insurers’ revenue growth to 10%
A resumption of military confrontation in the Middle East could dampen consumer sentiment and slow growth in the UAE, which might hinder insurers’ growth prospects in 2026, said S&P Global Ratings (S&P). Source: Middle East Insurance Review
Egypt: Takaful insurance premiums rise by 73.3%. and ‘Al-Tijari’ records 9.7 billion pounds in March 2026
The Financial Regulatory Authority revealed strong performance for the insurance sector in Egypt during March 2026, with activity indicators showing notable growth in both commercial insurance and Takaful. Source: المال
Geopolitical risk perspective on the Iran-US MoU – Implications for insurance and regional stability
From a risk management perspective, the Iran-US MOU should be assessed beyond its immediate political implications. For the insurance industry, the key question is whether this framework creates sustainable regional stability or only provides a temporary reduction in uncertainty, according to Ms Ashwag Alzahrani, an actuary and co-founder of Saudi
Reuters: Insurance and shipping companies await maritime lane security before resuming full-scale operations
The agreement between Washington and Tehran will not immediately lower insurance premiums. Additionally, clearing mines from the Strait of Hormuz is delaying the return of normal navigation. Source: المال
Kuwait: “Insurance Regulatory Unit” extends financial reporting deadline until end of august
The Kuwaiti Insurance Regulatory Unit has decided to extend the deadline for submitting financial reports related to the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) until August 31, 2026, instead of May 31, 2026. Source: الراي
Saudi Arabia: Insurance Authority targets doubling market size to $50 billion
On June 4, the Insurance Authority announced a strategic goal to double the size of the domestic insurance market to reach $50 billion by 2030, compared to its current size of approximately $25 billion. Source: Al Morakeb Group
International shipping lanes have witnessed a state of anticipation with the continuation of security tensions in the Red Sea and the Horn of Africa, coinciding
A new Lloyd’s market consortium designed to provide additional marine war risk insurance capacity for vessels and cargo transiting the Strait of Hormuz was launched
Moody’s has suggested the global insurance protection gap is widening as economic growth shifts toward underinsured emerging markets, where insurance penetration remains low, and catastrophe
Climate change is one of the most prominent global challenges directly impacting national economies and financial sectors, most notably the insurance industry. Source: اليوم السابع
The insurance sector in Qatar continues to strengthen its position as one of the vital financial sectors supporting the national economy. This growth benefits from
A recent Risk Scan 2026 report from Munich Re insurance company revealed that cyber-attacks have become the biggest threat to all economic sectors worldwide, surpassing