The Financial Regulatory Authority (FRA) has drawn up an integrated regulatory framework for licensing life and P&C microinsurance companies.
The insurance sector reported total premiums of EGP110.1bn ($2.3bn) in 2025, growing by 30.6% over 2024, the Financial Regulatory Authority (FRA) revealed in its annual report for the year 2025.
Fenchurch Faris organised a Political Violence (PV) insurance seminar at the Dead Sea in Jordan for the Palestinian Insurance sector and was attended by a select group of Palestinian insurance professionals.
The insurance industry and the hospital sector have agreed on an increase of up to 6% in contracted hospital rates, instead of the 15% demanded by hospitals.
The Insurance and Social Security Supervisory Authority (ACAPS) has issued a warning to motor insurance companies over practices that are deemed to infringe on policyholders’ rights.
Profitability improved significantly in 2025 for eight listed insurance companies whose preliminary annual financial results were analysed by BADRI Management Consultancy.
Qatar Insurance (QIC), one of the largest insurance companies in the MENA region, has reported a net profit attributable to shareholders of QAR791m ($217.3m) for the financial year 2025, rising by 9% from QAR725m in 2024.
Saudi Arabia and Syria have signed a multi-billion-dollar investment package spanning aviation, energy, real estate and telecommunications, to rebuild the latter country after a 14-year civil war.
The board of directors of Bupa Arabia for Cooperative Insurance Company (Bupa Arabia or the Company), one of Saudi Arabia’s biggest insurers, has announced that an Extraordinary General Meeting is to be held on 5 March 2026, relating to the restructuring of the company into two entities.
Tunisia is making the management of risks related to natural disasters a national priority, as a thorough understanding of these risks allows for better anticipation and a reduction of their economic and social effects, according to Finance Minister Ms Michket Slama Khaldi.
Approximately 20% of registered vehicles in Turkiye lack mandatory third-party liability insurance (called traffic insurance), according to Quick Sigorta General Manager Eyup Ozsoy.
The Kahramanmaras earthquake, which occurred on 6 February 2023, has highlighted the importance of urgent cash needs, according to the Secretary General of the Turkish Disaster Insurance Institution (DASK), Mr Balkir Demirkan.
In its report, titled “UAE—Listed Insurance Industry Performance Analysis—Year End 2025”, based on the preliminary announcements of the listed insurers, BADRI says that the top five insurers reported an aggregate net profit of AED2.7bn (29% increase), while other players grew profits by 135%, reaching AED985m.
Orient Insurance has announced that it has been granted initial approval from the Insurance Regulatory Unit in Kuwait to open a branch.
Competition among insurance companies in the UAE motor insurance market has intensified, shifting to the digital sphere involving online platforms and social media.
Global
Increasing longevity and falling fertility mean the world is facing a new demographic reality – a growing elderly population with fewer working-age people to support it. A new research report by the Geneva Association, “Insurance and the Longevity Economy: Navigating protection in the era of 100-year lives, reveals insurers’ innovative strategies to address the challenges and opportunities this poses.
Swiss global insurer, Zurich Insurance, and Beazley, a London-headquartered specialty insurer, reached agreement in principle on 4 February 2026 on the key financial terms of a possible recommended cash offer for 100% of Beazley by Zurich, according to a joint statement by both parties.
The loss activity in the downstream energy insurance market in 2025 is likely to influence a slowdown in rate softening this year.
Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, has agreed to acquire the Global Trade Credit and Surety business of QBE Insurance Group (QBE), subject to regulatory approvals.
Takaful
P&C insurer, Generale Assurance Mediterranéenne (GAM), has launched Takafulia Li Taaminat, a new commercial identity for its takaful window. This development takes place at a time when takaful business is maturing in the insurance market.
Ethiopia’s takaful sector reported 92% growth in 2025, but the contribution of the takaful insurance market to the overall gross written premium of the Ethiopian insurance industry was less than 1%.
The Shariah insurance industry in Indonesia has at least two growth engines, according to Shariah economist, Mr Adiwarman Azwar Karim.
Pak Qatar General Takaful (PQGTL) made its trading debut on the main board of the Pakistan Stock Exchange (PSX) on 10 February 2026. The company is the first Shariah-compliant general insurer to be listed on the exchange.
Pakistan’s insurance and takaful sector has marked a significant milestone as the Securities and Exchange Commission of Pakistan (SECP) has granted a licence to First Digital Takaful Company, making it the country’s first Shariah-compliant, digital-only general takaful operator.
Qatar-listed takaful operator Damaan Islamic Insurance Company (Beema) has maintained strong profitability in 2025, with shareholders’ net profit rising 12.9% to QAR95.6m ($26.0m), 12.9% higher compared with QAR84.6m in 2024.
The Central Bank of Somalia (CBS) has issued the first-ever licences to provide Islamic insurance services.
Participation insurers (takaful operators) in Turkiye generated TRY70.1bn ($1.6bn) in contributions in 2025 in nominal terms, representing a 62.9% increase compared to the previous year, according to data from the Insurance Association of Turkiye (TSB).
Takaful Emarat, the UAE’s first dedicated Shariah-compliant life and health takaful provider, has announced a strategic collaboration with the international professional services firm Deloitte to help develop a strategic roadmap for the Islamic insurer.