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Magazine

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

Jul 2025

Qatar

Greater personalisation and deeper tech integration transform non-life insurers into risk partners

Profitable life, struggling health

Staying the course of continued profitability

Assuming the InsurTech leadership mantle

Bahrain

Despite challenges, significant opportunities exist in life

Middle East reinsurance market holds steady in a competitive environment

Bahrain insurance sector navigates growth, opportunities and risks

Focusing on emerging risks

NatCAT

Effective CAT modelling for the Middle East

Egypt's IFE plans solutions for Nat CAT coverage

Saudi Arabia: Widespread but under-modelled Nat CAT risks challenge actuaries

Middle East faces growing pressure to close Nat CAT insurance gaps

Reinsurance

Ahead of the curve: how (re)insurers in Asia are embracing sustainable risk strategies

Riding market cycles and global volatility

Market spotlight

Syria

Syria's insurance industry looks to a new era of optimism

Insurance federation sees a promising road ahead

Regulator kicks off efforts to revive insurance industry

Innovative insurance scheme seen as a bud along path to economic recovery

GCC

Maintaining healthy performance

Takaful

Global expansion of Islamic insurance

Pakistan's regulator outlines transition plan for insurance market's shift to takaful

Takaful in ASEAN prepares for expansion

Notebook

An InsurTech begins a new journey

Not everyone's specialty, not anyone's game

TPAs coming of age in MENA

View from India

Brokers can have a significant role in improving insurance penetration in rural India

News

MENA

Algeria: Reinsurer reports 22% jump in net profits to over US$56m in 2024

Egypt: Premium hikes anticipated as Iran-Israeli military conflict escalates

Egypt: 10 July 2026 is new deadline for insurers to comply with Unified Insurance Law

Kuwait: Gulf Insurance Group upgraded to 'A+' on group uplift

MENA: Increased heat linked to rise in cancer rates among women

Morocco: 2025-26 anti-corruption roadmap approved for financial sector

Oman: IAIS assesses as good Oman's observance of Insurance Core Principles

Saudi Arabia: Medical out of ICU, motor back in workshop for repairs

Saudi Arabia: Saudi Arabian units of GlobeMed and Orient Insurance collaborate to offer healthcare services

Tunisia: Tunis Re expected to continue to show strong profitability

Turkiye: Life insurance business generates lower premiums but higher profits

UAE: Health insurer Daman enters P&C sector and rebrands to reflect transformation

Global

Rising demand for insurance forecast to be global phenomenon over the next decade

Demand for political risk insurance up by 33%

Approaches to supply chain insurance coverage reveals consistency and shifts

Dealmakers banking on R&W and W&I insurance

Takaful

Global: Profitability of Islamic insurers varies among regions but structural weaknesses emerge

Global: Solvency of Islamic insurers remains adequate, but pressures evident in weaker markets

Central Asia: Takaful is a budding business in a region with 85% Muslim population

OIC: Trade data point to imperatives for Shariah-compliant export credit insurer

Egypt: Takaful contributions jump by 60% in 1Q2025

Indonesia: Takaful sector eager to have obstacles to market growth removed

Malaysia: Parental influence exerts great impact on purchase of Shariah-compliant financial products

Qatar: Takaful company operating results seen as strong

Turkiye: Details of proposed Islamic finance regulations emerge

Uganda: Regulator expects to license first takaful insurer this year

Product and Alliances

Products and alliances

Diary

People on the move

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

IFSB marks decade of taking a road less travelled

Source: Middle East Insurance Review | May 2013

The Islamic Financial Services Board (IFSB) celebrates its 10th year which will be marked by an anniversary dinner this month, on the sidelines of its annual summit held in Malaysia. Middle East Insurance Review sits down for an interview with Secretary-General Jaseem Ahmed in his office in Kuala Lumpur office to find what the next decade holds for an institution which has blazed a trail for the Islamic finance sector. By Ridwan Abbas

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