Iran-US peace talks stir hope for regional renewal, but insurers assert confidence must be rebuilt
In News Snippets, Middle East Insurance Review provides a roundup of news on the Iran war, centring on developments since the announcement on 14 June 2026 of the US and Iran agreeing on a Memorandum of Understanding (MoU) on a peace deal.
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Insurers count cost of damage and trapping risks in Persian Gulf
The conflict in the Middle East and the blocking of the Strait of Hormuz have resulted in significant damage to vessels, cargo and port infrastructure in the region, says Allianz Commercial.
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GAIF Sec-Gen outlines economic and insurance possibilities in the GCC and beyond
Mr Chakib Abouzaid, the Secretary-General of the General Arab Insurance Federation (GAIF), made a statement on 16 June soon after Iran and the US reached agreement on the MoU to end the Middle East war.
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Moroccan insurers adapt to roles beyond mere compensation as risks evolve
Driven by a stellar first quarter in 2026 and a decade of doubling revenues, Morocco’s insurance market is transitioning from mere claims compensation to promoting economic resilience. However, the industry must still address low penetration...
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Morocco's life insurance paradox: growth driven by savings, lagging in protection
Morocco’s life insurance market continues to grow on the back of savings products and bancassurance, but industry leaders say closing the protection gap, strengthening retirement preparedness and managing solvency reforms will be crucial to...
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Both the past and future are driving the non-life market in Morocco
Even as preparations for the 2030 FIFA World Cup trigger substantial demand for construction and engineering insurance in Morocco, the devastating 2023 Al Haouz earthquake has sparked a pivotal shift toward parametric coverage, moving the product...
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Future of individual medical insurance in MENA lies in personalisation, prevention and affordability
MetLife Gulf’s Messrs Elias El Azzi and Fazal Rabbi tell Middle East Insurance Review how customisable and digital-first health insurance is helping the sector transition from rigid, price-led purchasing to meaningful, lifelong wellness...

Cyber insurance uptake rises as ME firms strengthen risk management
While rising cyber threats are pushing Middle East businesses to rapidly adopt cyber insurance, a fiercely competitive insurance market is benefiting buyers with broader coverage, reduced premiums, and abundant capacity.
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Cyber coverage conversations in the boardroom have moved beyond just protection
With cyber crime becoming highly industrialised and AI enabling threat actors to scale phishing and impersonation, boardroom conversations are no longer about whether controls are in place, QBE’s Ms Sarah Hamlat told Middle East Insurance...
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Three shifts that are redefining how organisations must think about cyber protection
Digital risk has changed, shifting accountability from the IT department to the board. This article explores the three critical transitions redefining resilience in 2026—from technology investment to practical cyber hygiene, compliance to...
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AIO 2026: African insurance leaders convene in Cairo to drive market integration and digital innovation
At the 52nd African Insurance Organisation (AIO) General Conference in Cairo, industry leaders mapped out a bold agenda to transition from traditional cooperation to a deeply integrated, tech-driven continental market, even as host nation Egypt...
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Turkiye's insurance association positions industry for growth and resilience
The Insurance Association of Turkiye (TSB) has unveiled its landmark “Turkish Insurance and Pension Sector Position Paper”, outlining a strategic roadmap designed to fundamentally transform the insurance industry. By the year 2030, the...
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New Islamic insurer aims to shape Tanzania's takaful future
In Africa, demand is increasing for Shariah-compliant financial solutions, including takaful, fuelled by the substantial Muslim population and the ethical nature of these products, says Mr Tarek A. Hayel Saeed, Chairman of Al Barakah Takaful...
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Central bank's directions offer additional grievance redressal forum in bancasssurance misselling
With the notification of Reserve Bank of India (Commercial Banks - Responsible Business Conduct) Second Amendment Directions, 2026, bancassurance customers now get an additional grievance redressal forum. Now it is no longer “Buyer...
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Egypt's Unified Insurance Law spells new players and market growth
In conjunction with the 20th anniversary of Middle East Insurance Review, we bring you retrospective stories highlighting, each month, a momentous event from the past two decades that has shaped the MENA risk landscape. In our seventh retrospective...

GCC: Strong start to 2026 for listed insurers despite regional tensions
GCC insurers entered the ongoing regional geopolitical escalation from a position of relative strength, with 1Q2026 results continuing to reflect strong premium growth and profitability across most markets, according to a report by research and...
Algeria: UNDP to strengthen inclusive insurance capacity
The United Nations Development Programme (UNDP) and the Algerian Institute of Higher Financial Studies (IAHEF) have signed a memorandum of understanding aimed at strengthening national capacities in the field of inclusive insurance in Algeria.
Egypt: Insurance market rakes in total premiums of US$2.5bn in 2025
The insurance industry in Egypt achieved strong growth in 2025, supported by the implementation of the Unified Insurance Law of 2024 and the expansion of the customer base, reflecting the growing role of the sector in supporting financial stability...