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Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Mar 2025

March-Home

Editor's Letter

From globalisation to fragmentation

Market Profile

Saudi Arabia

Reinsurance brokers can help L&H insurers adapt

Regulatory shifts shaping Saudi Arabia's insurance future

Bright prospects for Saudi reinsurance sector

Building a better industry

Opportunities abound but challenges loom

Brokers central to Vision 2030 insurance goals

Insurance

General

InsurTech: Bridging the EV coverage gap

Is the Middle East ready for EVs?

Rapid growth of EVs to spur MENA insurance

EVs and insurance: Preparing for growth in MENA

Middle East and Africa: An evolving political violence landscape

2025 MEA insurance outlook: Risks and prospects

EVs in MENA: A holistic view

Takaful

Takaful broking growing slowly but surely

Demand for shariah-compliant alternative investments

Brokers poised to spearhead takaful growth

Reinsurance

Reinsurance capacity holds strong despite Nat CAT pressures

MENA brokers adapt amidst rising risks and rates

Notebook

Egypt: Federation celebrates 70 years of insurance innovation

India's time on the world insurance stage has arrived

News

MENA

MEA: (Re)insurance market set for rising demand and growth in 2025

MENA: Political violence rates set to increase in 2025

MENA: 2025 outlook stable on growth and reforms despite geopolitics

Algeria: Steady growth expected to continue

Bahrain: Solidarity Bahrain launches new app to incentivise safe driving

Egypt: Government to allocate over $1bn to upgrade healthcare facilities across six governorates

Egypt: Senate considers debate on insurance competitiveness

Jordan: Central bank to liquidate Arab Union International Insurance (AUII)

Jordan: GlobeMed Jordan hosted its annual dinner, wrapping up 2024

Kuwait: 11 government agencies to stop offering employee health insurance

Kuwait: Insurance unit introduces new rating standards for foreign providers

Morocco: Cyber emerges as top risk for operating businesses

Oman: Omani insurers report 46% decrease in results

Qatar: Workers' support and insurance fund benefits 130,000 workers

Saudi Arabia: Al Etihad and Al Rajhi sign bancassurance agreement

Saudi Arabia: Employers penalised for failing to provide health insurance to workers

UAE: Insurer uses AI to eliminate medical exams in life insurance underwriting

UAE: ADNIC posts record-breaking performance in 2024

UAE: New insurance premium payment rules now in effect

Global

Global: Opportunities amid dynamic risk environment

Global: Commercial insurance rates decline 2% for second consecutive quarter

Global: Cyber market pegged at $16.6bn in 2024

Global: Geopolitical uncertainty accelerating cyber crime risk for banks, insurers

Takaful

Bahrain: Takaful International's net profit rises by 9% in 2024

Burkina Faso: Takaful finds its way to the market

Egypt: Misr Takaful surplus jumps by 247% in 2024

Jordan: Islamic Insurance profit rises by 13% in 2024

Oman: Takaful Oman, Oman Arab Bank form bancassurance partnership

MENA

Qatar: QIIC and Alkhaleej maintain profitability in 2024

Read the latest edition of AIR and MEIR as an Interactive e-book

Magazine Table of Contents

Insurance - General

Rapid growth of EVs to spur MENA insurance

By Jimmy John -

Source: Middle East Insurance Review | Mar 2025

The rapid development of the EV market presents new risks and opportunities for insurers in the MENA region. We find out how the market has been developing.

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