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MEA: Region's insurance sector among emerging markets that show above-trend growth in 2024

The Middle East and Africa (MEA) were among the emerging insurance markets (excluding China) that exhibited above-trend growth in 2024, according to Swiss Re Institute (SRI) in a report on global insurance developments.


Global: Addressing regulatory gaps and market infrastrucutre among key priorities in developing takaful & Islamic funds

Key priorities identified in the development of Islamic finance include the development of deep and liquid local currency sukuk markets, broadening the investor base, and addressing legal, regulatory, and market infrastructure gaps to support the growth of Islamic insurance and fund sectors, was...

Jordan: Market premiums reach US$542m in Jan-May 2025

Total premiums in the insurance market reached JOD384m ($542m) in the first five months of the year, an increase of around 10% over the corresponding period in 2024, according to statistics released by the Central Bank of Jordan (CBJ).

Egypt: Wethaq Takaful Insurance welcomes new CEO

Wethaq Takaful Insurance has announced the appointment of Dr Reda Ahmed as its new CEO, effective July 2025.

Other News

Africa

  • Nigeria: GWP generated by insurance market jumps by 56% to over US$1bn in 2024

Asia

  • Asia: Emerging Asia expected to be fastest growing region in 2025-2026
  • Cambodia: Regulator joins AFIR as a full member
  • Japan: Regulator publishes report on insurer practices to address climate risks

China

  • Life insurance premiums rebound in May amid rising expectations of Q3 rate cut
  • Ping An boosts holdings in Chinese bank H-shares by $23bn over six months
  • ZhongAn Online to raise $500m via share placement
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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    Middle East:Rising global trend in use of R&W & W&I insurance expected to be most pronounced in the region
  • 4
    UAE:Personal safety is top concern for 44% of travellers
  • 5
    Morocco:Transition to RBS framework nears completion

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