Gulf Insurance Group has announced a net profit of KWD24.7m ($80.3m), for the financial year ended 31 December 2025 (FY2025), 4.6% lower compared to a net profit of KWD25.9m in the previous year.
The General Arab Insurance Federation (GAIF) and the Jordan Insurance Federation (JIF) have announced the launch of the official website for the 35th General Conference of GAIF - GAIF2026.
Markel Insurance has promoted Mr Phil Amlot to the position of Head of Trade Credit for Markel International.
Composite insurance rates in the fourth quarter of 2025 decreased 10% in the IMEA region, where rates for large and complex organisations were often impacted by the reinsurance market, according to the "Global Insurance Market Index' report published by the world's biggest insurance broking group Marsh.
Gulf Insurance Group (GIG), one of the leading insurance groups in the Middle East and North Africa and the largest in Kuwait, has announced comprehensive rating affirmations across its regional operations, demonstrating the Group's consistent financial strength and strategic execution across diverse markets. All regional subsidiaries achieve investment-grade ratings reflecting strong operational performance.
Artificial Intelligence (AI) and modern technology are reshaping the role of actuaries in the insurance industry; however, there remains a dearth of qualified experts in the Arab world, said speakers at the fourth edition of the International Arab Actuaries Conference in Dubai.
In the Middle East, Saudi Arabia and the UAE both recorded some improvement in court-related complexities, according to Allianz Trade, as compared to 2022.
FinTech company Fawry has signed a strategic partnership agreement with talabat Egypt, an e-commerce platform that operates across MENA.
BMS Group has announced the launch of BMS (DIFC), having secured the necessary licence and regulatory approval.
Podium Underwriting has been launched as a specialist MGA, operating as an appointed representative of Superian Insurance Group.