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Nov 2025

News



Bahrain: Bahrain Kuwait Insurance's profits driven by underwriting performance

Bahrain Kuwait Insurance Company (GIG Bahrain) has a track record of strong operating performance, generating in 2024 a return on equity of 11.6% and a net-net combined ratio of 96.5% (both as calculated by AM Best).
 


Egypt: Financial regulator introduces new rules for digital insurance policies

The Financial Regulatory Authority (FRA) has issued regulations covering the digital issuance and distribution of insurance policies by insurance companies and brokers.
 


Egypt: Insurance technical committees review proposed divorce insurance policy

Technical committees of the Insurers’ Federation of Egypt (IFE) are currently studying the proposed form of the divorce insurance policy, a line of business provided for under the new insurance law passed in 2024.
 


Iraq: Insurance regulator drafts conduct code for insurers

The Iraqi Insurance Diwan (IID), the insurance regulator, has announced the completion of a draft Code of Professional Conduct for the insurance sector.
 


Jordan: Insurance premiums register 9% increase in 1H2025

Jordan’s insurance market continued to grow in the first half of this year, supported by a notable increase in life and health insurance business, according to statistics published by the industry regulator.
 


Kuwait: Government officially phases out Afia health insurance scheme

The Kuwaiti government has officially repealed the health insurance law for retirees, more than a year after it was suspended. The decree abolishing the health insurance scheme, called ‘Afia’, was published in the official gazette in October.
 


Morocco: Insurance intermediaries set sights on doubling market reach by 2030

Insurance agents and brokers are working to double Morocco’s insurance penetration rate by 2030, according to Mr Farid Bensaid, president of the National Federation of Insurance Agents and Brokers of Morocco (FNACAM).
 


Morocco: Regulator, industry join forces to improve compulsory insurance

The Insurance and Social Welfare Supervisory Authority (ACAPS) has announced a major new project: a compulsory multi-risk home insurance scheme, designed to protect property and people against disasters, which are still insufficiently covered at present.
 


Palestine: Cabinet approves insurance premium discounts for online payments

The Palestinian Cabinet has approved a proposal to allow insurers to grant a discount of up to 10% on premiums for mandatory vehicle insurance policies paid via electronic payment methods.
 


Saudi Arabia: Insurance market set for robust long-term growth

The insurance sector in Saudi Arabia continues to expand rapidly, with consolidation among smaller players potentially enhancing the sector’s resilience, according to a new report by S&P Global Ratings (S&P).
 


Tunisia: Insurance association aims to double sector's GDP share to 5%

The insurance sector contributes 2.4% to Tunisia’s GDP, estimating that this share could reach 5% in the medium term, subject to improved governance, increased skills and accelerated digital transformation, according to Mr Hatem Amira, director general of the Tunisian Federation of Insurance Companies (FTUSA).
 


Turkiye: Insurance industry's capital adequacy at all-time high

The Turkish insurance industry is in its most secure period in terms of capital adequacy, liquidity, risk management and similar indicators, according to Mr Davut Mentes, president of the Insurance and Private Pension Regulation and Supervision Agency (SEDDK).
 


Turkiye: Digital transformation reshapes insurance operations

The Turkish insurance industry is seeing the impact of digital transformation in almost every aspect of insurance functions, from customer relations to preventing insurance fraud, according to Mr Emine Feray Sezgin, vice president of the Insurance and Private Pension Regulation and Supervision Agency (SEDDK).
 


UAE: Insurance gross premiums rise nearly 15% in 1H2025

Gross written premiums rose by 14.5% y-o-y to AED40.9bn ($11.1bn) in 1H2025, driven largely by a 17.8% increase in property and liability insurance, a 12.7% rise in health insurance, and an 11.2% gain in life insurance and savings.
 


Global

Aon forecasts 9.8% average increase in global medical plan costs for 2026

Aon, a leading global professional services firm, forecasts that medical plan costs worldwide will rise by an average of 9.8% in 2026, according to its “2026 Global Medical Trend Rates Report”. This marks a return to single-digit global growth rates for the first time since 2023.
 


The rising impact of ADHD on insurance

Attention deficit hyperactivity disorder (ADHD) is no longer just a childhood diagnosis, according to a blog on Swiss Re’s website.
 


Insurance broking giant Marsh McLennan and its businesses will brand as Marsh

Marsh McLennan, the world’s largest insurance broker, has announced that it will change its brand to Marsh effective January 2026. The new Marsh brand includes a new corporate logo. 
 


SCOR re-defines mobility and motor insurance


Takaful

GCC: More consolidation expected among Islamic insurers

More consolidation is expected among Islamic insurers based in Gulf Cooperation Council (GCC) countries, according to S&P Global Ratings.
 


Indonesia: Halal industry investments set to drive takaful growth

The Indonesian Shariah Insurance Association (AASI) believes that increased investment in the halal industry has the potential to positively impact the performance of the Islamic insurance sector in Indonesia.
 


Jordan's first takaful company signs bancatakaful agreement with bank

The Islamic Insurance Company (IIC), the first takaful insurance company in Jordan, and the Jordan Islamic Bank have signed an agreement to provide Islamic insurance services to the bank’s clients in some of its branches.
 


Libya becomes member of Sudan-based international takaful federation

Libya’s Insurance Supervisory Authority (ISA) has joined the Khartoum-headquartered International Federation of Takaful and Islamic Insurance Companies, the Ministry of Economy and Trade has announced.
 


Takaful

Palestine: Takaful company launches agricultural insurance products

Holy Land Takaful Insurance Company has launched agricultural insurance services. 
 


Saudi Arabia: ICIEC partners with Takaful Libya

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, has signed a facultative reinsurance agreement with Takaful Libya.
 


Turkiye: New takaful framework to combine global standards with local principles

The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) plans to release soon a new set of regulations on participation insurance, also known as takaful.
 


UAE: Listed takaful operators maintain stable market share in 1H2025

Listed takaful companies in the UAE contributed 9% of the total business of listed insurance companies in the UAE in 1H2025, according to an analysis by Badri Management Consultancy, an international actuarial and risk consultancy firm. This market share was lower than the 11% reported for 1H2024.