Magazine

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

Apr 2025

Contents

April-Home
Editor's Letter
Magazine article aboutBridging-the-gap

Bridging the gap

Market Profile
Magazine article aboutInsurance-broking-reform-increases-both-scrutiny-and-opportunity

UAE

Insurance broking reform increases both scrutiny and opportunity

Market in growth mode

Risk-based solvency and financial health of insurers

Profitability within reach for brokers despite headwinds

Rethinking UAE Nat CAT preparedness

Regulatory initiatives to drive health segment

Life insurance at an inflection point

UAE motor insurers adapt to changing market dynamics

Takaful can appeal to expatriates too

Brokers & MGAs
Magazine article aboutMGAs-power-DIFC-dominance-in-MEASA

MGAs power DIFC dominance in MEASA

Regulatory shifts an opportunity for reinsurance brokers

How MGAs bridge insurers and emerging niche risks

MGA incubators set to debut in MENA

The cascading effect of geopolitical risks in aviation underwriting

MGAs offer (re)insurers both lower prices and risk

Brokers: Clients' new allies in battle for talent

Diverse risks, diverse specialties

Insurance
Magazine article aboutMicroinsurance-The-power-of-regulation-and-data

General

Microinsurance: The power of regulation and data

AI in GCC insurance: Gaps in awareness

The digital transformation of travel insurance

Will air pollution dictate health insurance premiums?

Takaful
Magazine article aboutCreating-a-sustainable-takaful-ecosystem

Creating a sustainable takaful ecosystem

Reinsurance
Magazine article aboutTightening-reinsurance-markets-warrant-insurer-diversification

Tightening reinsurance markets warrant insurer diversification

Insurers brace for improved longevity

Sustainability
Magazine article aboutPoseidon-Principles-raises-bar-for-marine-insurers

Poseidon Principles raises bar for marine insurers

Renewables insurance: Supporting MENA's energy transition

Greener horizons for Middle East insurers

Notebook
Magazine article aboutAnoud-Tech-Redefining-the-digital-transformation-of-the-insurance-industry

Anoud Tech: Redefining the digital transformation of the insurance industry

News

MENA

MENA: Active Re reports strong financial results for 2024

MENA: Bajaj Allianz General Insurance announces Global Insurance Excellence Awards with Asia Insurance Review

MENA: Liva and Relm forge partnership to support emerging and innovative sectors

GCC: Health insurance expected to be factor driving growth in healthcare industry

GCC: Qatar Insurance Group makes strategic investments in InsurTech startups

Algeria: Algeria ministry of finance licenses four new insurance brokers

Bahrain: Takaful International's net profit rises by 9% in 2024

Bahrain: Arab Insurance Group posts higher profits in 2024

Egypt: Regulator raises microinsurance coverage ceiling by 25%

Egypt: Insurance Federation and regulators to develop smart ship framework

Jordan: Solidarity inks bancassurance agreement with Islamic International Arab Bank

Jordan: Premium volume in 2024 surpasses record-breaking $1bn mark

Kuwait: Kuwait Re reports 30% jump in profit in 2024

Lebanon: GlobeMed Lebanon and Libano-Suisse Insurance win health insurance contract covering 125,000+ beneficiaries

Morocco: Insurance market grows to $6bn in GWP in 2024

Morocco: Insurance federation head urges single African market

Nigeria: Insurance regulator NAICOM calls on insurance industry to develop cyber insurance

Nigeria: FITC highlights growth, tech and penetration challenges in Nigeria insurance market

Oman: Oman Re's 2024 reinsurance revenue and after-tax profits jump by nearly 20%

Saudi Arabia: Saudi Re reports record profit, plans capital increase

Saudi Arabia: Tawuniya net profit jumps by 66% in 2024

Türkiye: Market growth of 72.5% in 2024

UAE: Orient Insurance's net profit climbs by 15% to $199m

UAE: DIFC celebrates 20th anniversary with strong growth momentum

UAE: Sukoon set to tap government's insurance initiatives for growth

UAE: Nas Neuron Health Services unveils new brand identity and unified digital experience

Global

Global: Geopolitical tensions, increased protectionism destabilising supply chains in 2025

Global: Structured credit and political risk insurance market capacity rises to meet demand

Global: ILS market posts stellar returns again in 2024

Global: Lloyd's reports sustainable, profitable performance in 2024

Takaful

Egypt: Takaful market grows faster than conventional business in 2024

Indonesia: Growth of family takaful business outpaces that of conventional life insurance in 2024

Pakistan: Rule changes provide for takaful windows to disclose results in financial statements

Pakistan: Salaam Family Takaful, Dubai Islamic Bank to offer innovative shariah-compliant financial solutions

Qatar: Doha Takaful to become a listed provider

Saudi Arabia: Al Rajhi Takaful maintains stable net profits in 2024

Türkiye: Neova achieves substantial growth in 2024

Product Bites

Product bites

Diary
People on the move

People on the move

Brokers & MGAs

MGAs power DIFC dominance in MEASA

The Dubai International Financial Centre (DIFC) is cementing its position as the region’s leading hub for insurance and reinsurance. DIFC Authority’s Mr Salmaan Jaffery told us how a strong pipeline of new MGA entrants and a visionary regulatory framework contribute to making the centre a formidable force in MEASA.
 

Buy Now

Regulatory shifts an opportunity for reinsurance brokers

Shifts in regulations have paved the way for market growth and risk sophistication, among other benefits, for the reinsurance segment in the Middle East, contributing to a more sustainable and resilient sector. This translates to opportunities for reinsurance brokers, who can leverage the increasing number of compulsory insurance lines introduced by regulators across the region. 
 

Buy Now

How MGAs bridge insurers and emerging niche risks

Managing general agents can offer insurers specialised underwriting capabilities that would otherwise require direct in-house expertise, offering tailored coverage for emerging technologies and associated risks in the aviation and energy insurance sectors. 
 

Buy Now

MGA incubators set to debut in MENA

From willing regulators to technology-forward ecosystems, the Middle East can be an attractive destination for MGAs. MGA incubators can provide crucial support in this emerging market and close the gaps in compliance and operational structure.
 

Buy Now

The cascading effect of geopolitical risks in aviation underwriting

The Middle Eastern sector has been a dynamic area of late, with a variety of emerging risks and advancements within the sphere influencing and driving change in the traditional approach to risk assessment and coverage provision in aviation insurance.  
 

Buy Now

MGAs offer (re)insurers both lower prices and risk

Managing general agents offer insurers competitive prices, which can put downward pressure on premiums, while also helping insurance companies access new markets and diversify risks, and providing global reinsurers an efficient, low-risk method for accessing the Middle Eastern market.
 

Buy Now

Brokers: Clients' new allies in battle for talent

Emerging broking trends in the insurance sector include brokers acting as allies for clients in the war for talent. Together they are helping leverage employee benefits such as financial wellbeing and mental health to attract the best and brightest.
 

Buy Now

Diverse risks, diverse specialties

As the MENA region continues to grow in terms of scope and sophistication, the risks also become more complex and diverse. Answering these risks requires specialised solutions and skillsets.
 

Buy Now

About

News

Conferences

Products

Ins Communications Pte Ltd., 103A Amoy Street, Singapore 069923. Tel: (65) 6224 5583, Fax: (65) 6224 1091 | Copyright 2025 All rights reserved.