Middle East losses push WTPV market toward first unprofitable year since 9/11 The War, Terrorism, and Political Violence (WTPV) market has entered a materially more complex phase, according to Marsh Re. Middle East losses are being discussed at north of $2bn against an annual...
Egypt: FRA abolishes rule requiring brokers to open at least 2 branches within 3 years The Board of Directors of the Financial Regulatory Authority (FRA) has issued a decision to abolish...
UAE: Sukoon Takaful in bancatakaful partnership with Ajman Bank Sukoon Takaful and Ajman Bank have signed a memorandum of understanding (MOU) to establish a...
Saudi Arabia: Insurance Authority to scale AI and cognitive data centres The Insurance Authority has signed a cooperation agreement with HUMAIN, which specialises in...
UAE: RB Jones Global launches MGA in DIFC RB Jones Global, a provider of international specialist underwriting solutions, has launched an MGA...
Saudi Arabia: Al Sagr's profitability improves but remains under pressure The underwriting performance of Al Sagr Cooperative Insurance Company improved in 1H2026, with a...
ME conflict: Saudi Arabia weighs state-backed war risk cover for ships and cargoSaudi Arabia is exploring establishing a state-backed war risk insurance programme to reduce insurance costs for ships and cargo as risks escalate in the region.26 Aug 2026
ME conflict: Impact of regional geopolitical tensions concentrated in QIC's overseas markets16 Aug 2026
Lloyd's Market Association excludes indemnity for Hormuz Strait transit fees amid sanctions concerns02 Aug 2026