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
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
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
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.
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
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
Kuwait: Insurance industry contracts by 12% in FY2026
Gross written premiums for Kuwait’s insurance market retreated in the fiscal year ended 31 March 2026 (FY2026), with the fall attributed largely to the health insurance business, according to the Insurance Regulatory Unit’s latest Annual Report. Source: Middle East Insurance Review
Egypt: FRA Chairman Islam Azzam issues a decision to facilitate the approval of group insurance contracts
Dr Islam Azzam, Chairman of the Financial Regulatory Authority (FRA), issued a decision regarding the regulations for notifying the Authority of insurance contract data issued by life insurance and fund formation companies. Source: رجال الأعمال
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
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
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
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
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
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