Local insurance companies, including Al-Hamraa Insurance, are collaborating with the Health Insurance Authority to develop supplementary insurance products.
Jordan’s insurance sector reported encouraging growth for the first half of the year, supported by notable increases in medical and life insurance businesses.
ACE Gallagher Holding has announced the acquisition of United Partners Insurance Brokers (UPI Brokers), a well-established insurance brokerage in Kuwait.
Motor insurers in Morocco have increased premium rates by an average of around 5% for mandatory auto third-party liability insurance, as part of the legislative reform of compensation for victims of traffic accidents.
The Financial Services Authority (FSA) has issued the “Regulation Governing Insurance Loss Assessment and Estimation Activities”, to reinforce transparency, fairness and impartiality in professional practices.
The Insurance Authority has directed health insurers in the Kingdom to offer a health insurance product waiving pre-medical approval for out-patient services, as part of its efforts to address a key challenge faced by health insurance beneficiaries.
Private insurance companies licensed in Syria are required to amend their legal entity and transform into public companies listed on the Damascus Securities Exchange, to strengthen their governance and capacity to increase capital.
Direct insurers in Tunisia reported a total turnover of TND2.53bn ($867.7m) in the first half of 2026, 13% higher compared to the corresponding half of 2025, according to data from the General Insurance Committee (CGA).
The Turkish government has released its Medium-Term Programme (MTP), a roadmap for the economy, covering the years 2027-2029, that will promote large-scale industrial manufacturing, agricultural development, public procurement to spur domestic production and high-value exports via project-based funding.
The UAE listed insurance industry maintained its strong momentum through 1H2026, with insurance revenue growing by 14% to AED28.0bn [$7.6bn] (1H2025: AED24.6bn), according to BADRI Management Consultancy, an international actuarial and risk consulting company.
Global
Facultative reinsurance is helping insurers pursue growth opportunities in a rapidly softening market, enabling them to maximise available capacity and expand into new geographies while managing an increasingly complex risk landscape. That’s the conclusion of a new Facultative Reinsurance Report 2026 published by Willis, a WTW business.
Pet insurance is one of the few growth segments of Japan’s mature non-life insurance market. The Japanese pet insurance market is likely to continue expanding for the foreseeable future.
Envelop Risk, the cyber reinsurance and analytics specialist, has received in-principle approval from Lloyd’s to launch Envelop Syndicate 1925, transitioning from Special Purpose Arrangement (SPA) 1925, which will commence underwriting on 1 January 2027.
Takaful
Takaful contributions rose to about EGP12.14bn ($238m) from January to June 2026. This represented a year on year increase of 50.3%, according to the Financial Regulatory Authority (FRA).
The Indonesian Shariah Insurance Association (AASI) has highlighted the country’s expanding Hajj and Umrah sector as a springboard for broadening Islamic insurance.
MNRB Holdings has entered into implementation agreements with Rakyat Nominees and Bank Kerjasama Rakyat Malaysia (Bank Rakyat) for the proposed divestment of its wholly owned subsidiaries, Takaful Ikhlas Family and Takaful Ikhlas General, collectively known as Takaful IKHLAS, for a total consideration of MYR1.64bn ($405.5m), subject to adjustments.
Takaful is an alternative insurance model, rather than a subset of conventional insurance, according to the Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM), Mr Olusegun Ayo Omosehin.
Holy Land Takaful Insurance Company’s initial public offering (IPO) has drawn a subscription rate of around 390%.
Qatari takaful companies posted profits attributable to shareholders of QAR335m ($92m) in 2025, up 2.7% from 2024, according to Bait Al Mashura Financial Consultations Company.
Sukoon Takaful and Ajman Bank have signed a memorandum of understanding to establish a strategic partnership to roll out Shariah-compliant protection and financial planning products to bank clients.