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News Snippets
From Hormuz to Singapore: How insurance markets and economies are absorbing ME geopolitics
ME conflict creates uneven risks for GCC corporate sectors
Appetite for property risk unaltered despite ongoing ME conflict
Saudi Arabia: GDP growth projected to slow to 1.7% in 2026 amid regional headwinds, per IMF
AI surge offsets ME energy drag as Singapore economy expands 6% in 1H2026
LMA excludes indemnity for Hormuz Strait transit fees amid sanctions concerns
GIC Re upbeat on opportunities in MENA region
Life reinsurance market at an inflection point
Market discipline to drive 1/1 aviation renewals amidst ME conflict
Climate shift prompts market-wide reassessment of Middle East disaster risks
ME cyber insurance market to continue to grow as buyer base expands
The next competitive advantage for (re)insurers in the Middle East: data capabilities, not capital
Beyond growth: Building sustainable MGA platforms in the Middle East
Building capacity for the world's mega projects
Soft pricing masks realities of the Middle East energy insurance market
Cyber insurance expands in GCC as resilience takes centre stage
Takaful on a growth trajectory in Turkiye
Middle East insurers shift beyond claim payouts to risk intelligence
The next port of call for India's maritime industry is a P&I Club
AXA Gulf acquisition transforms GIG from mere regional contender to unified MENA powerhouse
MENA
GCC: Population size estimated at over 62m in 2025
Middle East: AXA XL posts US$115m loss in 1H2026 for the region
MEA & India: Insurance rates fall across all lines in 2Q2026
Egypt: Qatari-controlled bank to establish non-life insurer
Jordan: Insurance Federation builds digital platform for motor underwriting
Kuwait Re maintains profitability through robust reserving and disciplined risk selection
Morocco: Insurance industry records strong 21.4% rise in net income in 2025
Morocco: Competition Council advocates motor insurance pricing reform
Oman: Insurance market reports topline expansion but softer profits in 1H2026
Oman Re reports 49% growth in 1H net profit to US$8.6m
Qatar: Central bank highlights strong 2025 profitability in insurance sector
Saudi Arabia: Saudi Re's 2Q profit soars by 118%, lifting 1H earnings
Saudi Arabia: Higher claims pressure Tawuniya's interim results
Tunisia: Reinsurer sees modest first-half growth in premiums in tough environment
Turkiye: First rules issued for loss investigators
UAE: Orient posts strong financial results for 1H2026
UAE: Miller and Shields combined unit to be rebranded Shields Miller on completion of acquisition
Global
Willis Re launches global life reinsurance practice
70% of insurers report dramatic rise in violent luxury watch thefts
El Nino could add to credit pressures for weaker sovereigns and some corporate sectors
Insurers face Nat CAT losses in 1H2026 consistent with the 21st-century average
Takaful
Egypt: Takaful operations fuel insurance industry growth
Indonesia: Hajj Ministry and Shariah insurers collaborate on pilgrimage insurance eco-system
Indonesia: Takaful insurers see investment returns turn negative in 1Q amid market weakness
Kyrgyzstan: President signs amended home insurance law introducing takaful
Malaysia leads global sukuk issuance in 1H2026
Pakistan: Regulator grants general insurer the nod for takaful window operations
Palestine: Takaful company launches IPO
Qatar: Al Khaleej Takaful posts higher first-half profit on stronger underwriting and investment income
Turkiye: Takaful market reports 13.6% real growth in contributions in 1H
Uganda: Pioneer takaful operator receives Shariah certification
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