Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Jul 2025

Market spotlight


Syria

Syria's insurance industry looks to a new era of optimism

Syria’s insurance sector is on the threshold of a new era of hope, which would enable providers to rebuild their businesses and support the economy in the coming period.
 

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Insurance federation sees a promising road ahead

The Syrian insurance sector has suffered significant damage due to the war and instability that prevailed for more than 13 years until the end of 2024. Recent positive developments in the country, including the lifting of international economic sanctions, offer a golden opportunity to revive the battered sector and put it back on a growth trajectory.
 

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Regulator kicks off efforts to revive insurance industry

The Syrian Insurance Supervisory Commission (SISC), established in 2004 as an independent body to oversee the insurance businesses, is keen on rebuilding the insurance sector that has been broken by a civil war and tough international economic sanctions.
 

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Innovative insurance scheme seen as a bud along path to economic recovery

As sanctions ease and international focus shifts to long-term recovery, a pioneering climate insurance scheme backed by the Insurance Development Forum may hold the answers to risk protection and resilience in Syria.
 

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