Middle East Insurance Review

Middle East Insurance Review Middle East Insurance Review Technical Knowledge
We keep practitioners informed of the latest technical developments in the industry.

Markets Covered
Algeria, Bahrain, Egypt, Iran, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates and Yemen, and global takaful including the Organisation of Islamic Conferences (OIC) which includes the Middle Eastern, African, Southeast Asian and other countries with a sizeable Muslim population. Editorial Board
Supported by an editorial boar

d consisting of leading personalities in the Mena region and the global takaful market, we are the region's foremost comprehensive professional journal serving the information needs of insurance and takaful practitioners. Market Development Update
We cover not just the news within the insurance sector but also target the people and issues of vital importance to the development of the Mena insurance industry and global takaful industry. Wide Circulation
Our readers are insurers, reinsurers, risk managers, brokers, loss adjusters, financial experts, capital-market players, technology providers, lawyers, management consultants, and takaful operators.

While the issue of industry consolidation has been talked about for the past two decades, 2025 may well be the year of a...
19/12/2024

While the issue of industry consolidation has been talked about for the past two decades, 2025 may well be the year of acquisitions, says Clyde & Co’s Mr Peter Hodgins.

While the issue of industry consolidation has been talked about for the past two decades, 2025 may well be the year of acquisitions, says Clyde & Co’s Mr Peter Hodgins.  

The total catastrophic coverage in the Turkish market is predicted to amount to EUR14-15bn ($14.7-15.8bn) in 2025, compa...
18/12/2024

The total catastrophic coverage in the Turkish market is predicted to amount to EUR14-15bn ($14.7-15.8bn) in 2025, compared to EUR12bn for 2024, including proportional agreements, event limits and coverage under Cat XL programmes.

The total catastrophic coverage in the Turkish market is predicted to amount to EUR14-15bn ($14.7-15.8bn) in 2025, compared to EUR12bn for 2024, including proportional agreements, event limits and coverage under Cat XL programmes.

A dedicated legal framework will soon be introduced in Morocco, according to the Insurance and Social Security Superviso...
18/12/2024

A dedicated legal framework will soon be introduced in Morocco, according to the Insurance and Social Security Supervisory Authority (ACAPS).

A dedicated legal framework will soon be introduced in Morocco, according to the Insurance and Social Security Supervisory Authority (ACAPS).

Orient Group, the UAE's biggest insurer in terms of insurance income and profits, is on an expansion drive that includes...
18/12/2024

Orient Group, the UAE's biggest insurer in terms of insurance income and profits, is on an expansion drive that includes opening new branches in the Gulf and Middle East countries and abroad, according to Mr Omer Elamin, president of Orient Group and chairman of Orient Takaful Insurance Egypt.

Orient Group, the UAE's biggest insurer in terms of insurance income and profits, is on an expansion drive that includes opening new branches in the Gulf and Middle East countries and abroad, according to Mr Omer Elamin, president of Orient Group and chairman of Orient Takaful Insurance Egypt.

Tawuniya - التعاونية للتأمين, one of the biggest insurers in Saudi Arabia, has launched an innovative, intensive 12-week...
17/12/2024

Tawuniya - التعاونية للتأمين, one of the biggest insurers in Saudi Arabia, has launched an innovative, intensive 12-week virtual accelerator programme - InsurAi - to nurture technology startups across the Middle East and North Africa.

Tawuniya, one of the biggest insurers in Saudi Arabia, has launched an innovative, intensive 12-week virtual accelerator programme - InsurAi - to nurture technology startups across the Middle East and North Africa.

The Ministry of Human Resources and Emiratisation (MoHRE) said yesterday that a basic health insurance package for priva...
17/12/2024

The Ministry of Human Resources and Emiratisation (MoHRE) said yesterday that a basic health insurance package for private-sector employees and domestic workers in the Northern Emirates will take effect from 1 January 2025.

The Ministry of Human Resources and Emiratisation (MoHRE) said yesterday that a basic health insurance package for private-sector employees and domestic workers in the Northern Emirates will take effect from 1 January 2025.

The takaful market promises big opportunities in Uzbekistan where 96% of the population are Muslims, according to Mr Abr...
16/12/2024

The takaful market promises big opportunities in Uzbekistan where 96% of the population are Muslims, according to Mr Abror Mukhitdinov, an actuary and UNDP expert at a recent roundtable.

The takaful market promises big opportunities in Uzbekistan where 96% of the population are Muslims, according to Mr Abror Mukhitdinov, an actuary and UNDP expert at a recent roundtable.

The Algerian Union of Insurance and Reinsurance Companies (UAR) plans to digitise the vehicle insurance certificate to a...
16/12/2024

The Algerian Union of Insurance and Reinsurance Companies (UAR) plans to digitise the vehicle insurance certificate to allow policyholders to obtain it online, the UAR president, Mr Youcef Benmicia, has announced.

The Algerian Union of Insurance and Reinsurance Companies (UAR) plans to digitise the vehicle insurance certificate to allow policyholders to obtain it online, the UAR president, Mr Youcef Benmicia, has announced.

Morocco is banking on digitalisation as a strategic lever to expand access to insurance, the president of the Insurance ...
16/12/2024

Morocco is banking on digitalisation as a strategic lever to expand access to insurance, the president of the Insurance and Social Security Supervisory Authority (ACAPS), Mr Abderrahim Chaffai, has said.



Morocco is banking on digitalisation as a strategic lever to expand access to insurance, the president of the Insurance and Social Security Supervisory Authority (ACAPS), Mr Abderrahim Chaffai, has said.

The technical performance of Al Dhafra Insurance Company (ADIC) has started to return to historical averages as evidence...
12/12/2024

The technical performance of Al Dhafra Insurance Company (ADIC) has started to return to historical averages as evidenced by a net-net combined ratio of 86%, as calculated by AM Best, reported for the first three quarters of 2024.

The technical performance of Al Dhafra Insurance Company (ADIC) has started to return to historical averages as evidenced by a net-net combined ratio of 86%, as calculated by AM Best, reported for the first three quarters of 2024.

The Algerian government will prohibit cash payments in the , real estate, and automobile sectors in a fight against mon...
12/12/2024

The Algerian government will prohibit cash payments in the , real estate, and automobile sectors in a fight against moneylaundering, tax evasion, and other black market activities.

The Algerian government will prohibit cash payments in the insurance, real estate, and automobile sectors in a fight against moneylaundering, tax evasion, and other black market activities.

Delta Insurance, which is listed on the Egyptian Exchange, has received acquisition offers from AXA Egypt and Wafa Life ...
12/12/2024

Delta Insurance, which is listed on the Egyptian Exchange, has received acquisition offers from AXA Egypt and Wafa Life Insurance Egypt.

Delta Insurance, which is listed on the Egyptian Exchange, has received acquisition offers from AXA Egypt and Wafa Life Insurance Egypt.

Algeria aspires to become a major player in facilitating and ensuring trade in Africa and the Arab-Muslim world, as part...
11/12/2024

Algeria aspires to become a major player in facilitating and ensuring trade in Africa and the Arab-Muslim world, as part of its support for initiatives aimed at promoting fair and dynamic international trade, Finance Minister Laaziz FAID - لعزيز فايد.

Algeria aspires to become a major player in facilitating and ensuring trade in Africa and the Arab-Muslim world, as part of its support for initiatives aimed at promoting fair and dynamic international trade, Finance Minister Laaziz Faid.

The insurance industry's profit before tax increased by 8%, reaching AED2.0bn ($545m) in the first nine months of this...
11/12/2024

The insurance industry's profit before tax increased by 8%, reaching AED2.0bn ($545m) in the first nine months of this year, from AED1.8bn in the corresponding period in 2023, points out Badri Management Consultancy which specialises in actuarial services.

The UAE insurance industry's profit before tax increased by 8%, reaching AED2.0bn ($545m) in the first nine months of this year, from AED1.8bn in the corresponding period in 2023, points out Badri Management Consultancy which specialises in actuarial services.

Top-line growth in Saudi Arabia's insurance sector will moderate to about 10%-15% in 2025, after strong growth since 202...
11/12/2024

Top-line growth in Saudi Arabia's insurance sector will moderate to about 10%-15% in 2025, after strong growth since 2022 and a 17% increase in insurance revenue in third-quarter 2024, forecasts S&P Global Ratings (S&P).

Top-line growth in Saudi Arabia's insurance sector will moderate to about 10%-15% in 2025, after strong growth since 2022 and a 17% increase in insurance revenue in third-quarter 2024, forecasts S&P Global Ratings (S&P).

Saham Group has finalised its EUR745m (4787m) acquisition of Société Générale's Moroccan insurance and banking subsidiar...
10/12/2024

Saham Group has finalised its EUR745m (4787m) acquisition of Société Générale's Moroccan insurance and banking subsidiaries.

Saham Group has finalised its EUR745m (4787m) acquisition of Société Générale's Moroccan insurance and banking subsidiaries.

Dubai National Insurance & Reinsurance's (DNI) cross-cycle operating performance is expected to remain strong, supported...
10/12/2024

Dubai National Insurance & Reinsurance's (DNI) cross-cycle operating performance is expected to remain strong, supported by its stringent underwriting and prudent risk selection, said AM Best.

Dubai National Insurance & Reinsurance's (DNI) cross-cycle operating performance is expected to remain strong, supported by its stringent underwriting and prudent risk selection, said AM Best.

The medical cost trend in Türkiye is projected to remain relatively high in 2025, albeit a reduction compared with 2023 ...
10/12/2024

The medical cost trend in Türkiye is projected to remain relatively high in 2025, albeit a reduction compared with 2023 and 2024, according to a report released by WTW, a leading global advisory, broking and solutions company.

The medical cost trend in Türkiye is projected to remain relatively high in 2025, albeit a reduction compared with 2023 and 2024, according to a report released by WTW, a leading global advisory, broking and solutions company.

Address

103A Amoy Street
Singapore
069923

Website

Alerts

Be the first to know and let us send you an email when Middle East Insurance Review posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Middle East Insurance Review:

Videos

Middle East Insurance Review wishes everyone a joyful Christmas and a very successful New Year 2024! #Merrychristmas #Christmas #HappyNewyear #HappyNewyear2024

Shortcuts

Share

Category