ME conflict: Saudi Arabia weighs state-backed war risk cover for ships and cargo Saudi Arabia is exploring establishing a state-backed war risk insurance programme to reduce insurance costs for ships and cargo as risks escalate in the region.
UAE: Insurers' combined profits surge 54% to over US$1bn in 2025 driven by investment returns Insurance companies in the UAE posted a combined profit of AED4.0bn ($1.09bn) in 2025, 53.8% higher...
Middle East: International wealth insurance sales exceed US$4bn in 2025 International wealth insurance sales in the Middle East rose to GBP3.0bn ($4.09bn) from GBP2.4bn -...
UAE: Agentic AI revolutionises Sukoon's claims experience for first notice of loss Sukoon Insurance has announced the upcoming launch of its advanced Agentic AI Solution for First...
Oman: Regulator tightens rules covering insurance loss assessment The Financial Services Authority (FSA) has introduced the "Regulation Governing Insurance Loss...
Kuwait: GIG projected to show 5%-10% annual growth in insurance revenue in 2026-27 The insurance revenue of Gulf Insurance Group (GIG), a large regional insurance group, returned to...
UAE: Emirates Insurance shows record of strong operating results Emirates Insurance Co (EIC) has a track record of strong operating performance, notes AM Best.
ME conflict: Marine insurers restrict war risk coverage in the Red Sea and Gulf of AdenMarine insurers have introduced new measures to restrict war risk coverage for ships operating in parts of the Red Sea, the Gulf of Aden and the Indian Ocean.20 Aug 2026
ME conflict: Impact of regional geopolitical tensions concentrated in QIC's overseas markets16 Aug 2026
Lloyd's Market Association excludes indemnity for Hormuz Strait transit fees amid sanctions concerns02 Aug 2026