ME insurance industry reconnects and presses ahead amid underlying tension
Giga-projects, Nat CAT & Iran war: Riyadh Re's 3-pronged strategy for a shifting ME
MENA insurance market set to soar on reconstruction upside
News Snippets
Major reinsurers spell out their approach to Iran war
Trapped assets in the ME region unlikely to trigger claims
Iran war upturns marine and war risk insurance reality
Africa
Africa Re at 50: Evidence reigns over sentiment in optimism for African insurance growth
Africa sees a rising wave of takaful energy
Rethinking risk: The future of motor insurance in Africa and the Middle East
Multinationals and SMEs power African health insurance expansion
Egypt
80-90% of Egyptian insurers on track to meeting new capital thresholds
Misr Insurance bets on SMEs, innovation, and reform
Egypt's takaful market evolves with a commercial focus
De-risking climate-resilient trade and investment in the MENA region
MENA Nat CAT demand diverges amid rising awareness and shifting priorities
March 2026 floods shatter the UAE's "once-in-100 years" extreme weather baseline
Modelling flood risk in data-scarce Middle East
MGAs seen as a structural solution to insuring the 'missing middle'
Transfer of supervisory authority to the Central Bank takes insurance industry to new heights
MENA
Algeria: Cash Assurances to market Nat CAT and home insurance plans nationwide
Egypt: Biggest non-life insurer posts 4% rise in net profits in 2025
Jordan: GAIF35 Conference to be held under royal patronage
Kuwait: Regulator bars cash transactions in the insurance sector
Morocco: Regulator to examine feasibility of setting up centralised database for mandatory insurance
Oman: Oman Re delivers strong 1Q2026 results with 59% increase in net profits
Saudi Arabia: Saudi Re reports 32% jump in net profit on the back of 73% revenue growth in 1Q2026
Tunisia: Govt to revamp motorcycle insurance branch
Turkiye: Insurance and pension sector set for bold transformation
UAE: ADGM enhances insurance regulatory framework
UAE: Insurance sector's 2025 financial results reflect sustained premium rate increases
Global
Where the real contest lies for insurers when illness goes offshore
Accelerated changes & new purpose mark insurance market's advance to 2035
Takaful
Bangladesh: Akij Takaful Life Insurance forms bancatakful partnership
Egypt: Regulator issues rules for Shariah-compliant operations
Indonesia: Regulator highlights industry progress in divesting takaful windows
Kuwait: Underwriting returns fuel profitability at KIB Takaful
Malaysia: FWD Takaful enters 10-year bancatakaful partnership
Pakistan: Regulator issues first digital general takaful licence
UAE: SALAMA set for growth following completion of capital restructuring
Products and alliances
People on the move
MARKET PROFILE - Africa
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Climate change risk has evolved into a core economic challenge, shaping infrastructure planning, trade competitiveness and long-term capital allocation. Risk-mitigation tools, including specialised insurance and credit enhancement solutions, can...
MIDDLE EAST CONFLICT
Saudi Arabia’s insurance sector is undergoing a profound structural shift, driven by state-backed giga-projects and an aggressive green energy mandate. At the same time, the dual pressures of regional conflict and climate change are sharply...
The ongoing instability in the Middle East region is viewed as a temporary phase, with significant opportunities for growth awaiting the insurance market in MENA. Reconstruction efforts are expected to spur investments across the region, which will...
Last May, I visited Dubai after a break of more than three months. Visitors could sense the high spirits and people’s relief at the atmosphere of calm following months of tension. Spirits were high, and hopes even higher that peace would...
Several reinsurance companies have outlined their approach for dealing with the likely impact of the Middle East war in their 2026 first-quarter financial reports. The following summarises statements made by a few leading reinsurers:
On the occasion of African Reinsurance Corporation’s 50th anniversary this year, the reinsurer’s CEO Dr Corneille Karekezi discusses with Middle East Insurance Review a wide range of developments in the African insurance market and at...
Africa Reinsurance Corporation presents an overview of the development of takaful in Africa, its prospects and challenges, its role in supporting communities and the way forward as Islamic insurance continues to gain momentum across the continent.
The growing motor insurance market in Africa and the Middle East faces a critical structural mismatch: premium growth is outpacing risk interpretation capabilities. To build sustainable profitability, the industry must transition from traditional,...
Egypt’s Financial Regulatory Authority has raised the minimum capital requirement for insurance companies. Insurers Federation of Egypt’s Mr Alaa El Zoheiry says this move will strengthen insurers’ financial solvency, enhance their...
SMEs, agriculture, healthcare, and other underinsured segments represent key growth drivers of the insurance market in Egypt.
Growing awareness of financial protection, expanding Islamic banking activity and stronger demand for Shariah-compliant solutions are driving steady growth in Egypt’s takaful sector.
Demand for Nat CAT reinsurance is evolving across markets, driven by recent global losses, widening protection gaps, and a sharper focus on long-term programme sustainability rather than price alone.
The extreme weather front that tore through the UAE in March 2026 has shown that volatile, high-velocity floods are the UAE’s new atmospheric reality.
Despite India’s rapid economic expansion, insurance penetration remains low, leaving vast segments of the population and economy exposed to risk.
Cash Assurances and the National Savings and Provident Fund-Bank (CNEP-Banque) are strengthening their strategic partnership by expanding the marketing of their Nat CAT and multi-risk home insurance products nationwide, following a pilot scheme.
Misr Insurance Company, Egypt’s biggest general insurer, has posted net profits after tax of EGP8.2bn ($152.9m) for 2025, 3.8% higher than the EGP7.9bn bagged for 2024.
Jordan will host the 35th General Conference of the General Arab Insurance Federation (GAIF35) under royal patronage, the Jordan Insurance Federation (JIF) announced in a statement.