Misr Insurance Company, Egypt’s biggest general insurer, has posted net profits after tax of EGP8.2bn ($152.9m) for 2025, 3.8% higher than the EGP7.9bn bagged for 2024.
Jordan will host the 35th General Conference of the General Arab Insurance Federation (GAIF35) under royal patronage, the Jordan Insurance Federation (JIF) announced in a statement.
The Kuwaiti Insurance Regulatory Unit (IRU) has issued a resolution to prohibit cash transactions in the insurance sector.
The Insurance and Social Security Supervisory Authority (ACAPS) is launching a study to establish a single, centralised reference system for all mandatory insurance regulations in Morocco, to transform a complex and fragmented regulatory landscape into a clear, accessible, and user-friendly system for all stakeholders.
Oman Re, the Sultanate’s sole reinsurer, has reported a strong financial performance for the first quarter ended 31 March 2026, underpinned by disciplined underwriting, sustained premium growth and prudent investment strategies.
Saudi Reinsurance Company (Saudi Re) has reported a net profit after zakat of SAR46.7m ($12.5m) in the first quarter of 2026, representing a 32% increase compared to SAR35.4m in the corresponding period of 2025, according to a statement released by the reinsurer.
Finance Minister Ms Michket Slama Khaldi has announced measures aimed at resolving the refusal of some insurance companies to insure motorcycles, particularly those over 50cc. The measures are integrated into the 2026-2030 development plan.
The Insurance Association of Turkiye (TSB) has released a comprehensive position paper, offering policy recommendations for a more inclusive, accessible, and sustainable insurance ecosystem.
The Financial Services Regulatory Authority (FSRA) of the ADGM, an international financial free zone in Abu Dhabi, has announced the implementation of several changes to enhance ADGM’s insurance regulatory framework, and introduce proportionate requirements for the identification and management of climate-related financial risk.
The UAE insurance sector delivered a strong performance in 2025, demonstrating broad-based improvement across both conventional and takaful portfolios, according to an update by BADRI Management Consultancy, based on listed insurers’ audited financial statements.
Global
The hantavirus-hit MV Hondius incident is a reminder that serious medical incidents on cruises can quickly escalate from a public health event into a complex, high-value, multi-jurisdictional claims scenario, says global law firm Clyde & Co.
Five transformative shifts may enable insurers to reimagine business models, reshape value propositions, and expand their role beyond protection in the decade to 2035, according to global professional services firm Deloitte.
Takaful
Akij Takaful Life Insurance and Eastern Bank (EBL) have officially launched Shariah-compliant takaful insurance solutions through bancatakaful.
The Financial Regulatory Authority (FRA) has issued a decision regarding the rules, standards and controls for companies licensed to practice takaful business, in a step aimed at stimulating the Egyptian market and improving operational efficiency.
The Financial Services Authority (OJK) has announced that 41 Shariah insurance and reinsurance companies have submitted their Shariah Unit Separation Work Plans (RKPUS) in compliance with regulations.
Kuwait-based KIB Takaful has shown a profitable financial performance, as evidenced by a three-year average net income return on equity of 8%, and mainly driven by good underwriting returns, says Fitch Ratings.
FWD Takaful has formed a strategic bancatakaful partnership with MBSB Bank, a full-fledged Islamic bank dedicated to offering innovative and Shariah-compliant products and services in Malaysia.
The Securities and Exchange Commission of Pakistan has taken major steps to promote innovation and digital transformation in Pakistan’s financial sector by issuing the country’s first Shariah-compliant digital general takaful operator licence.
Salama Islamic Arab Insurance Company (SALAMA) has completed its capital restructuring programme, marking the conclusion of a multi-year transformation and the re-establishment of the company’s financial strength.