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AIO: Egypt highlights insurance sector transformation and private-sector growth

Egypt has implemented a comprehensive reform programme for the insurance industry over the past four years, helping strengthen financial stability, boost capital market activity, and position Egypt as a regional hub for financial services, according...


Egypt assumes AIO presidency for the 2026-2027 term

Mr Alaa El-Zoheiry, Chairman of the Insurers Federation of Egypt (IFE), has been elected President of the African Insurance Organisation (AIO) for the 2026-2027 term during the opening of the organisation's 52nd Annual Conference and General Assembly in Cairo. Egypt succeeds Ethiopia in leading the...

GIG Jordan shows strong 1Q, weighs potential merger

Gulf Insurance Group-Jordan (GIG Jordan) has recorded a sharp rise in net profits in 1Q2026, further consolidating its market leadership.

Kuwait: KFH Takaful earns 'Excellent' ratings on strong profitability

KFH Takaful Insurance Company has demonstrated a track record of robust profitability, evidenced in 2025 by a consolidated return-on-equity ratio of 17.7% (2024: 22.0%), says AM Best.

Other News

Africa

  • Africa: 3IF Ventures reaches US$12m first close to scale inclusive insurance market
  • Africa Specialty Risks announces strategic investment by global private equity firm Vitruvian Partners

Asia

  • Middle East Conflict Monitor: Oil crisis hits world growth outlook
  • APAC: Australia and New Zealand to establish Resilient Insurance Markets Initiative
  • India: Insurance achieves broad-based growth as protection demand accelerates

China

  • Paths diverge between life and non-life insurers in accident insurance market
  • Regulator stamps out viral wealth-management health insurance products
  • Insurers enter home-based elderly care market
Subscribe eChina

Asia Risk

  • Climate change could become the main driver of biodiversity decline
  • Climate change: Getting harder to find meteorites in Antarctica
  • Almost 85% of supply chains can't respond to disruptions in 24 hours

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    Bahrain:LIC International's operating performance expected to remain adequate over the medium term

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