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Magazine

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

May 2026

May-Home

Editor's Letter

Uncertainty prevails as Middle East conflict enters a third month

Middle East conflict

Insurers balance operational support and policy precision in ME war

War fallout ripples through Jordan's insurance sector

Self-insured overnight: What the Middle East conflict reveals about special contingency cover

ME war introduces new normal for insurance market

India rewrites global marine risk with US$1.4bn maritime insurance pool

Sri Lanka will weather this storm, too

News Snippets

GAIF calls for exploring alternative mechanisms to confront geopolitical risks

US govt and Chubb partner with 6 other insurers to offer US$40bn maritime reinsurance facility

Beazley to launch a marine war consortium

Middle East insurance exposure to war on land estimated at US$70-80bn

London P&I Club warns war risk cover may be needed outside high-risk zones

Iran war clouds outlook for UAE insurers' asset valuations and investment income

Export confidence dips slightly amid Middle East conflict, less severely than 2025 tariff shock

Reinsurance

ISA Solutions secures US$50m new 'A'-rated Political Violence reinsurance facility

Market Profile

Saudi Arabia

Saudi market grows 7.3% in 2025 but profitability plunges 40% amid margin pressures

Mandatory cessions fuel Saudi Re's growth as insurance market grows

The price of convenience could be motor premium hikes of 30%

InsurTech's next act: Transforming core insurance value chain

Market spotlight

Syria

Regulator aims for progressive transformation of the insurance industry

View from India

"High-frequency, low-payout" is the key to India's parametric success

20th Anniversary

10 years of ACAPS steering market growth, stability and innovation

Notebook

Morocco's insurance industry steps into new risk era

The Power of Three: Reinventing insurance through dynamic ecosystems

News

MENA

Algeria: Insurance market could grow gross premiums to around US$8bn

Bahrain: FAIR Energy Syndicate's combined ratio averaged 78.6% from 2022-25

Egypt: Life insurance performance weighs on market growth in Jan 2026

Morocco: ACAPS launches InsurTech, inclusion and innovation programme

Oman: 2025 momentum propels insurance market in 1Q2026

Qatar: QGRI pushes up listed insurers' combined net profits in 2025

Saudi Arabia: Insurance Authority announces shift to RBC regime

Turkiye: Real topline performance of insurance market flat in 1Q2026

UAE: ADNIC receives licence for branch in India's GIFT City

Global

Captives and cells increase roles in the evolution of reinsurance in Latin America

Data centres fuel growing insurance demand

CFOs: Creating breakthrough value from finance transformation

Takaful

Algeria: Takaful segment posts over 80% growth

Bahrain: Takaful International refreshes brand identity

Egypt: Misr Life Insurance Takaful completes first phase of capital increase

Tunisia: Assurances At-Takafulia's net profits climb by 56% in 2025

Singapore: Etiqa and AIA enter into partnership to distribute takaful products

UAE: Takaful Emarat reports recovery in financial performance in 2025

Products and Alliances

Products and alliances

Diary

People on the move

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

Insurers balance operational support and policy precision in ME war

By Osama Noor -

Source: Middle East Insurance Review | May 2026

The insurance industry is experiencing the direct and indirect consequences of the Iran-Israel-US war. Oman Re’s CEO Mr Romel Tabaja explains the current state of the insurance market and outlines the way forward to address repercussions.

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