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Magazine

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

Jan 2025

Syria

As Syria is reborn, insurers hope to follow

The place for (re)insurance in the new Syria

Syria's insurance sector mirrors systemic collapse

Insurance: Syria's hopes for post-Assad recovery

Insurance 2025 predictions

Industry challenges for 2025

Challenges and opportunities in Egyptian insurance 2025

Adapt, innovate and thrive

Capacity, pricing and commissions will dominate renewal discussions

Volatility, uncertainty, complexity and ambiguity

Market Profile

Jordan

Jordan insurance market would benefit from M&A

Medical insurance surges amid rising costs

Geopolitics casts shadow on insurance sector

Emerging focus on ESG worries insurance broker clients

Proactive approach to building confidence and trust

Reinsurance: Local expertise, global vision

Jordan takaful market expands with new entrant

Market spotlight

Yemen

Health insurance shines in turbulent Yemeni market

Yemen insurance growth in time of turmoil

Insurance

General

Marine insurance and decarbonisation framework

Insurers tackle new risks and shipping challenges

New marine risks in cyber space and shipping lanes

New UAE insurance broking regulations

View from India - India rolls out the red carpet to foreign players

Broking

Growth opportunities abound for smart insurance brokers

Reinsurance

Nat CAT an increasing concern among cedants

Reinsurance: A need for collaboration

Climate and awareness to shape insurance growth

Saudi Arabia

Saudi Arabia headlining GCC insurance M&A

MIIA Winners

Nineteen winners centre stage at the 11th Middle East Insurance Industry Awards

Middle East Insurance Industry Awards winners' insights

News

MENA

MENA: MoU to boost financial sector in Morocco and Qatar

MENA: HDI Global launches its Middle East operations

Algeria: Algeria aims for prominent role in trade insurance in Africa and Arab-Muslim world

Algeria: Government to bar use of cash for mandatory insurance premium payments

Bahrain: Medical liability insurance law set to be amended

Bahrain: Lawmakers push for compulsory health insurance for visitors

Egypt: Claims growth exceeds premium increase from 1Q to 3Q 2024

Jordan: Central bank issues draft insurance bill

Jordan: United Nations Development Programme signs MoU with insurance federation

Morocco: ACAPS strengthens its role in international insurance bodies

Saudi Arabia: Insurers must maintain underwriting discipline in 2025

UAE: Medical costs projected to jump by 11.5% in 2025

UAE: Cyber threats rise sharply in 2024, expected to worsen with new technologies

Global

Global: IAIS adopts Insurance Capital Standard to promote resilient insurance sector

Global: Climate change commands over a third of insured weather-losses this century and rising

Global: Politics, innovation to influence insurance sector's fate

Takaful

Egypt: Takaful contributions grew by 36% in 3Q2024

Nigeria: Promising prospects for nascent takaful market

Pakistan: Province to launch takaful provider to run govt-funded life insurance scheme

Saudi Arabia: ICIEC signs strategic reinsurance agreements to boost global trade

UAE: ADNTC preserves A- Excellent rating

Uzbekistan: United Nations Development Programme creating new avenues for takaful

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

Global Nat CAT, reinsurance pricing and MENA

By Paul McNamara -

Source: Middle East Insurance Review | Feb 2025

The year got off to a schizophrenic start with the White House announcing that it was withdrawing from the Paris climate accord within days of the news emerging that 2024 proved to be a tipping point that saw planet Earth reach 1.5C above pre-industrial levels. What does it all mean for reinsurance pricing and capacity in the Middle East?

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