Middle East Insurance Review

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We keep practitioners informed of the latest technical developments in the industry.

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Algeria, Bahrain, Egypt, Iran, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates and Yemen, and global takaful including the Organisation of Islamic Conferences (OIC) which includes the Middle Eastern, African, Southeast Asian and other countries with a sizeable Muslim population. Editorial Board
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d consisting of leading personalities in the Mena region and the global takaful market, we are the region's foremost comprehensive professional journal serving the information needs of insurance and takaful practitioners. Market Development Update
We cover not just the news within the insurance sector but also target the people and issues of vital importance to the development of the Mena insurance industry and global takaful industry. Wide Circulation
Our readers are insurers, reinsurers, risk managers, brokers, loss adjusters, financial experts, capital-market players, technology providers, lawyers, management consultants, and takaful operators.

The Council of the Islamic Financial Services Board (IFSB) has adopted a new standard on the effective supervision of Sh...
21/07/2025

The Council of the Islamic Financial Services Board (IFSB) has adopted a new standard on the effective supervision of Shariah governance and approved the issuance of a Guidance Note aimed at strengthening crisis preparedness in the takaful sector.

The Council of the Islamic Financial Services Board (IFSB) has adopted a new standard on the effective supervision of Shariah governance and approved the issuance of a Guidance Note aimed at strengthening crisis preparedness in the takaful sector.

Turkiye is showing rapid growth in renewable energy, and these investments are being closely followed by the insurance s...
21/07/2025

Turkiye is showing rapid growth in renewable energy, and these investments are being closely followed by the insurance sector, according to Mr Murat Ciftci, CEO of Istanbul-headquartered IBS Insurance and Reinsurance Brokerage.

Turkiye is showing rapid growth in renewable energy, and these investments are being closely followed by the insurance sector, according to Mr Murat Ciftci, CEO of Istanbul-headquartered IBS Insurance and Reinsurance Brokerage.

The inaugural elections for the Association of and have been held in a move that is the beginning of a toward th...
17/07/2025

The inaugural elections for the Association of and have been held in a move that is the beginning of a toward the sector and enhancing confidence in it.

The inaugural elections for the Association of Insurers and Reinsurers have been held in a move that is the beginning of a new phase toward regulating the sector and enhancing confidence in it.

Over four in five (82%) of the respondents to a in the say they regularly witness rude or on the road.
17/07/2025

Over four in five (82%) of the respondents to a in the say they regularly witness rude or on the road.

Over four in five (82%) of respondents to a road safety survey in the UAE say they regularly witness rude or aggressive behaviour on the road.

The Consultative Assembly of is requesting the Insurance Authority (IA) to study the possibility of the system for f...
17/07/2025

The Consultative Assembly of is requesting the Insurance Authority (IA) to study the possibility of the system for filing insurance claims for , allowing to submit them directly to insurers.

The Consultative Assembly of Saudi Arabia is requesting the Insurance Authority (IA) to study the possibility of amending the system for filing insurance claims for minor accidents, allowing drivers to submit them directly to insurers.

MAPFRE Sigorta's regulatory solvency ratio strengthened to 132% at end-2024 from 109% at end-2023, due to an increase in...
16/07/2025

MAPFRE Sigorta's regulatory solvency ratio strengthened to 132% at end-2024 from 109% at end-2023, due to an increase in shareholders' equity arising from very strong retained earnings and capital provided by the parent, MAPFRE, says Fitch Ratings.

MAPFRE Sigorta's regulatory solvency ratio strengthened to 132% at end-2024 from 109% at end-2023, due to an increase in shareholders' equity arising from very strong retained earnings and capital provided by the parent, MAPFRE, says Fitch Ratings.

Middle East new business sales grow by 16% to GBP2.1bn ($2.8bn) as the region becomes an increasingly attractive destina...
16/07/2025

Middle East new business sales grow by 16% to GBP2.1bn ($2.8bn) as the region becomes an increasingly attractive destination for wealth and financial services, according to the "2024 Wealth Management Market Study" for Utmost Group.

Middle East new business sales grow by 16% to GBP2.1bn ($2.8bn) as the region becomes an increasingly attractive destination for wealth and financial services, according to the "2024 Wealth Management Market Study" for Utmost Group.

Swan Re has appointed Mr. Muhammad Tariq Shaikh as business development director in the UAE.
16/07/2025

Swan Re has appointed Mr. Muhammad Tariq Shaikh as business development director in the UAE.

Swan Re has appointed Mr Muhammad Tariq Shaikh as business development director in the UAE.

Price competition remained intense in the Saudi Arabian medical and motor insurance markets throughout 2024, says Fitch ...
15/07/2025

Price competition remained intense in the Saudi Arabian medical and motor insurance markets throughout 2024, says Fitch Ratings.

Price competition remained intense in the Saudi Arabian medical and motor insurance markets throughout 2024, says Fitch Ratings. However, the global credit rating agency expects The Company for Cooperative Insurance's (Tawuniya) underwriting discipline and scale benefits to help maintain the

Riyadh-based Yasmina, the pioneering embedded insurance platform in Saudi Arabia, has successfully secured $2m in seed f...
15/07/2025

Riyadh-based Yasmina, the pioneering embedded insurance platform in Saudi Arabia, has successfully secured $2m in seed funding.

Riyadh-based Yasmina, the pioneering embedded insurance platform in Saudi Arabia, has successfully secured $2m in seed funding.

Turkish non-life insurers should benefit from improved operating conditions and stronger pricing in 2025, Fitch Ratings ...
14/07/2025

Turkish non-life insurers should benefit from improved operating conditions and stronger pricing in 2025, Fitch Ratings says in a report titled "Turkish Non-Life Insurance: Gradual Steps to Market Stabilisation".

Turkish non-life insurers should benefit from improved operating conditions and stronger pricing in 2025, Fitch Ratings says in a report titled "Turkish Non-Life Insurance: Gradual Steps to Market Stabilisation".

The growing importance of actuarial sciences is steering insurance markets in the region to nurture actuarial talent, es...
14/07/2025

The growing importance of actuarial sciences is steering insurance markets in the region to nurture actuarial talent, especially with the lack of sufficient capacity in the field, said speakers at the Arab Actuarial Conference 2025, held in Algeria last week.

The growing importance of actuarial sciences is steering insurance markets in the region to nurture actuarial talent, especially with the lack of sufficient capacity in the field, said speakers at the Arab Actuarial Conference 2025, held in Algeria last week.

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