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Magazine

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

Feb 2025

February-Home

Editor's Letter

Saudi Arabia World Cup 2034

Market Profile

Oman

Regulatory enhancements help boost non-life growth

Establishing (re)insurance catastrophe pools in Oman

Plenty of room for growth in Oman life and health

Oman's Financial Services Authority steps up

Oman general insurance holds steady despite challenges

Dhamani, credit life policies and Oman life and health

Oman retakaful and health insurance take off

Insurance

General

Cyber threats spare no sector in the Middle East

Collaborating to boost cyber insurance in MENA

Appetite for cyber insurance in MENA continues to grow

Insurance aggregators and bancassurance in the UAE

Reinsurance

How (re)insurers deal with weight-loss drugs

Global Nat CAT, reinsurance pricing and MENA

Saudi Arabia

Role of LLMs in the Saudi insurance and InsurTech sector

Saudi Arabia's ambitious health insurance goal

Broking

Insurance brokers: From intermediaries to partners

Takaful

Demand for values-based financial solutions drive takaful

Notebook

How MENA can insure renewable energy sector

Communication with insurers required for clear regulatory vision

Alternative risk transfer and sovereign insurance in MENA

View from India - Foreign investment in Indian insurance

News

MENA

Algeria: Insurance market increases by 5% in 3Q2024

Algeria: Insurers to play a fundamental role in the stock market

Bahrain: SIO to increase employer social insurance contributions

Bahrain: Solidarity-BNH acquisition deal sealed

Egypt: Medical costs projected to surge by over 30% in 2025

Egypt: GWP up by 26% in first ten months of 2024

Jordan: Central Bank of Jordan rejects motor premium increase

Morocco: Regulator studies launching compulsory home insurance

Oman: Integration of health organisations with the Dhamani platform making steady progress

Qatar: Doha insurance set to launch India reinsurance branch

Saudi Arabia: PIF announces completion of acquisition of 23.08% stake in Saudi Re

UAE: Insurance premiums set to rise in January

UAE: Market reaches almost $14bn in first three quarters of 2024

UAE: Watania Takaful partners with Aura to offer health coverage to SMEs

Global

Global: Reinsurers show greater flexibility

Global: New cycle ushers in price reductions, renewed focus on innovation

Global: 2024 Nat CAT losses dominated by flood

US: Los Angeles fires insured losses could top $30bn

Takaful

Malaysia to support development of takaful in Nigeria

Malaysia: Shariah-compliant finance company to offer motor takaful protection

Singapore: Etiqa offers first takaful product in over a decade

UAE: Watania Family Takaful caters for SMEs

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

Magazine Table of Contents

Notebook

Communication with insurers required for clear regulatory vision

By Osama Noor -

Source: Middle East Insurance Review | Feb 2025

Enhanced communication between the regulator and insurers is required for the industry to forge a clear regulatory vision, speakers said at the CEO insurance breakfast in Dubai last November.

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