Reinsurance brokers can help L&H insurers adapt
Rising claims costs, evolving regulatory requirements, demographic shifts and pricing sustainability of policies continue to challenge insurers, but reinsurance brokers can support insurers with custom solutions that help them meet the needs of a...
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Regulatory shifts shaping Saudi Arabia's insurance future
With Saudi Arabia undergoing a significant socio-economic overhaul, recent regulatory and legal developments in the insurance sector are positioning it for transformation. These changes in the industry are fundamental to its growth and are mapped to...
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Bright prospects for Saudi reinsurance sector
Saudi Arabia’s reinsurance sector is experiencing rapid growth, driven by market consolidation, large-scale infrastructure projects and new compulsory insurance products. While opportunities continue to expand, challenges such as intense...
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InsurTech: Bridging the EV coverage gap
As the electric vehicle (EV) market continues to grow, traditional insurers face mounting challenges to provide specialised coverage solutions. InsurTechs have stepped up to address this gap and act as game changers in the EV insurance industry.
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Is the Middle East ready for EVs?
Marking a decisive shift to sustainable mobility, electric vehicles could account for at least 64% share of the Middle East’s auto industry by 2035. We explore the market’s readiness of the regulatory and compliance infrastructure for...
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Rapid growth of EVs to spur MENA insurance
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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Takaful broking growing slowly but surely
There is a steady clip in demand for shariah-compliant insurance broking solutions across major insurance business lines, with brokers striving to offer solutions that are adapted to clients’ cultural and operational needs.
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Demand for shariah-compliant alternative investments
Takaful operators have begun to explore alternative avenues of investment, and the shift has been reflected in the strong demand for end-to-end shariah-compliant solutions in the private market space, according to Principal Islamic’s Mr Izad...
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Brokers poised to spearhead takaful growth
Islamic finance exists in 80 countries and is valued at over $4tn. However, only about 1% of global financial assets qualify as shariah-compliant and 95% of these assets are concentrated in just 10 countries.
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Reinsurance capacity holds strong despite Nat CAT pressures
Over the past year, the global reinsurance industry has been buffeted by a series of events, including flash floods in the Middle East and the wildfires in California. But as losses from Nat CAT rise around the world, reinsurance capital and...
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MENA brokers adapt amidst rising risks and rates
It is now essential for brokers to provide comprehensive services across the insurance value chain to offer solutions that address increased natural catastrophe risk exposure and stricter market terms.

Egypt: Federation celebrates 70 years of insurance innovation
The Insurance Federation of Egypt (IFE) recently celebrated its 70th anniversary marking a special milestone for an institution that has created a rich legacy in an industry it has led from the front.
India's time on the world insurance stage has arrived
Backed by strong economic growth and regulatory support, the Indian insurance market is poised for significant growth and continues to draw global attention, and the 18th India Rendezvous in Mumbai in January reflected this trend, as close to 1,000...
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MEA: (Re)insurance market set for rising demand and growth in 2025
The Middle East and Africa (MEA) region is poised for economic and (re)insurance market growth in 2025, driven by diversification efforts, infrastructure investments and rising demand for insurance and reinsurance solutions, according to a report...
MENA: Political violence rates set to increase in 2025
According to Gallagher’s Middle East and Africa Insurance Market Update: 2024 Overview and 2025 Outlook, published in 2025, rates for political violence (PV) coverage are expected to increase moderately this year, as geopolitical tensions and...
MENA: 2025 outlook stable on growth and reforms despite geopolitics
The outlook for credit fundamentals for sovereigns in the Middle East and North Africa (MENA) remains stable, said Moody’s Ratings in a new report.