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Magazine

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

Nov 2026

November-Home

Editor's Letter

Challenging times ahead!

Middle East conflict

News Snippets

Fundamental appeal of ME reinsurance sector unshaken by geopolitical tensions

Investment portfolios pose main risk channel for takaful sector amid regional conflict

MENA sovereign ratings resilient despite regional war

Market Profile

Saudi Arabia

Saudi insurance market scales capacity and strengthens capital for Vision 2030

Infrastructure drives P&C branch, while motor performance improves

NEVs, connected cars and the road ahead for motor insurance

Health insurance grows on coverage expansion and long-term market-development goals

Market spotlight

Egypt

Egypt's insurance industry plans to translate rapid growth into long-term market depth

AXA Egypt bridges the trust gap in the life market by going beyond policy numbers

Reinsurance

Special Feature

Middle East 2027 renewals: Capital discipline, weather events and giga-projects redefine reinsurance

Secondary perils cause primary impact

TCIP: Building resilience through partnership, preparedness and long-term commitment

Saudi Insurers are scaling AI for Vision 2030

AI reshapes the architecture of MENA insurance

Hybrid approach envisaged for insurers navigating AI's next phase

MENA moving beyond AI experimentation to AI transformation

General Insurance

MEICO exits MTPL market to focus on diversification and digitalisation

Specialty insurance

P&I market steers through Gulf geopolitical and maritime risks

MENA credit risk insurance market gains momentum

Notebook

GAIF: Call to return to core principles to leverage Arab insurance opportunities

View from Africa

Sub-Saharan Africa's reinsurance market posts strong returns but faces capacity constraints

View from India

Insurance brokers air concerns over proposed reforms on commissions

20th Anniversary

MENA reinsurance grows in a more complex risk landscape

News

MENA

Algeria's 2027 Budget proposal paves way for independent insurance regulator

Egypt sets new underwriting and pricing rules for credit & guarantee insurance

Jordan: Central Bank announces new initiatives for online insurance

Kuwaiti insurance market driven by underwriting in 1H2026

Libya: Insurance federation collaborates with largest Tunisian insurer on capability building

Morocco: Intermediaries pursue new revenue sources

Saudi Arabia: Regulator reviews motor insurance pricing system

Tunisia: Motorcycle insurance business surges on expanded engine capacity rules

Turkiye: Regulator clarifies scope of fire insurance policies

UAE health resilience remains strong though stress affects 82% of residents

Global

Capacity and intense competition continue to drive broad rate declines in global insurance markets

Distinctive trends observed in 4 African InsurTech hubs

Takaful

Global takaful sector expected to grow at moderate pace

Global: IFSB issues revised takaful risk management draft

Ethiopia: Non-life insurer launches takaful window

Kuwait: First Takaful's financial performance boosted by investment results

Kuwait: Zamzam Takaful expected to maintain underwriting profitability

Kazakhstan to expand opportunities for Islamic insurance

UAE: Orient Insurance to open takaful window

UAE: SALAMA partners with Ajman Bank to offer property takaful

Products and Alliances

Products and alliances

Diary

People on the move

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

MEICO exits MTPL market to focus on diversification and digitalisation

By Osama Noor -

Source: Middle East Insurance Review | Nov 2026

Middle East Insurance Company (MEICO) recently withdrew from writing motor third-party liability insurance business. MEICO General Manager Engineer Majed Smairat provides the company’s rationale for this move and outlines the company’s strategy for growth.

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