Piracy and war risks increase the burden on global shipping.
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 with the recurrence of piracy incidents off the Somali coast during recent months, which raises questions about the repercussions of these developments on marine insurance
ME Conflict: New marine war risk insurance launched at Lloyd’s for Strait of Hormuz shipping
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 last week. Source: Middle East Insurance Review
Global insurance protection gap widens as growth shifts to emerging markets: Moody’s
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 losses are increasingly going uninsured. Source: Reinsurance News
Identify the key challenges facing climate change risk insurance
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: 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
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has implemented the fourth phase of its action plan to make vehicle depreciation claim processes
Guy Carpenter, the reinsurance brokerage arm of Marsh, revealed that geopolitical tensions are increasingly affecting reinsurance markets, especially in specialized lines. This has led companies
The protection gap — the difference between total economic losses and the share that insurance actually covers — is a widening, systemic risk. Here is
Saudi Arabia’s 151-member Shura Council or Consultative Assembly has called on the Insurance Authority to study the challenges faced by the elderly in obtaining adequate
The conflict in the Middle East and the blocking of the Strait of Hormuz have resulted in significant damage to vessels, cargo and port infrastructure
Global marine insurance markets have begun sending initial signals of a decline in the cost of war risk coverage after navigation gradually resumed through the