Marsh: Updating data centers changes the risk map and requires reviewing insurance coverage
A recent report by Marsh, the global reinsurance brokerage company, confirmed that projects involving upgrading data centers, moving them, shutting them down, relocating, or merging them don’t just affect the asset’s infrastructure. They also lead to significant changes in the associated risk profile, which means insurance programs need to be
UAE: Insurance industry sees broad-based growth but quality of earnings and capital strength diverge in 1H
The UAE listed insurance sector carried its positive momentum into the first half of 2026, delivering another round of healthy growth. Source: Middle East Insurance Review
The Saudi Insurance Authority aims to raise the sector’s capital to $13.3 billion
The CEO of the Insurance Authority, Engineer Naji Al-Tamimi, said that the insurance sector’s capital in the Kingdom has risen to 36 billion riyals ($9.6 billion), compared to 25 billion riyals ($6.7 billion) a few years ago. He pointed out that the authority aims to reach 50 billion riyals ($13.3
New Capital Sources and AI Are Reshaping the Reinsurance Market
Reinsurance sector is going through a phase of rapid changes, with new sources of capital entering the market, coinciding with the growing impact of artificial intelligence on working methods and the emergence of new risks. Source: Al Morakeb
Egypt: Financial Regulatory Authority forms a committee to draft a unified model for the articles of association of insurance pools
The Chairman of the Financial Regulatory Authority (FRA), Dr Islam Azzam, issued a decision forming a committee to draft a unified model template for the articles of association of insurance pools, in compliance with the provisions of the Unified Insurance Law no 155 of year 2024, while taking into account
Syria: a decision requiring private insurance companies to transition into public joint-stock companies
The Minister of Finance and Chairman of the Board of Directors of the Syrian Insurance Supervisory Authority, Mohammed Yisr Barniah, issued a decision obligating private insurance companies to transform into joint-stock companies. Pursuant to the decision, the concerned companies have been granted a maximum grace period of 18 months to
Algeria: Insurance grows to become strategic lever for agriculture sector
Agricultural insurance is emerging as an engine of growth for the national market, promoting diversification, investments, and essential coverage against climate risks. Source: Middle East Insurance Review
General: property cat XoL reinsurance rates expected to fall by at least 10% at 1.1 2027, reports KBW
KBW, a financial services firm providing research and advisory services across the insurance and reinsurance sectors, expects property catastrophe excess-of-loss (XoL) reinsurance rates to fall by at least 10% at the 1 January 2027 renewals. Source: Reinsurance News
In Egypt, the Financial Regulatory Authority (FRA) has clarified the deadlines for insurance and reinsurance companies to comply with governance rules, confirming that the final
The Financial Regulatory Authority (FRA) has issued a decision regarding the controls for underwriting and pricing in credit and guarantee insurance policies. Source: Middle East
An executive head of an insurance company in the Kingdom estimated the size of the insurance market at 42 billion riyals in 2021, while it
The quality of data provided by ceding insurance companies to reinsurance companies is becoming increasingly important as the market transitions to a more competitive phase
60% of respondents to a recent Fitch Ratings survey expect further price falls in the property cat reinsurance segment at the 2027 renewals, though most
Hybrid fronting has the potential to grow the insurance market by bringing new or underpenetrated risks into the market, making specialist underwriting expertise accessible to