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Magazine

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

Apr 2026

April-Home

Editor's Letter

Insurance and geopolitics

Middle East conflict

Insurance in the crosshairs: The impact of the Iran-US-Israel armed conflict

Market Profile

UAE

Building on the UAE momentum

Implementation and accountability in regulatory reform process take centre stage

Beyond premiums: The rise of value-added insurance coverage

Tighter governance raises the bar for insurance broking sector

DIFC and Turkiye: A strategic reinsurance corridor in a structurally shifting market

Preparing for a possible increase in cyber attacks is the best

Motor insurance market regains stability with data driven underwriting

Market spotlight

Lebanon

ACAL: Lebanon's insurance resilient amid economic turmoil and currency pressures

Lebanese motor market shows cautious optimism

Lebanon's insurance resilient despite multiple crises

Oman

Oman's insurance sector makes steady qualitative leap forward

Oman's insurance market: Growth, challenges and emerging opportunities

20th Anniversary

MERS outbreak and the coronavirus diseases that changed the global economy

News

MENA

Algeria: Climate-change insurance scheme launched, starting with coverage of cereals

Bahrain: Acquisitions drive Solidarity Bahrain's 2025 net profit to US$25m

Egypt: IFE pushes wider access and sustainable cover to drive insurance inclusion

Egypt: Talks underway on private insurers joining Universal Health Scheme

Jordan: Parliament advances Bill for Kingdom's first insurance law

Kuwait: GIG's profit level stayed stable in 2025

Morocco: Life business lifts insurance market by almost 8% in 2025

Oman Re's net profit jumps 54% to over US$12m in 2025

Saudi Arabia: Arabia-UCA merger called off

Tunisia: Tunis Re meets 2025 turnover target

Tunisia: Insurance market sees 11.4% jump in topline performance in 2025

UAE: Miller expands reinsurance offering in MENA via acquisition of Shields

Global

A secondary market for reinsurance

Future-fit talent strategy needed to reshape insurance industry's next-generation workforce

Traditional insurance trails the AI era, risking widening coverage gaps

Takaful

Bahrain: Takaful International seals bancatakaful agreement

Bangladesh: Prime Insurance receives Islamic insurance licence

Indonesia: Regulation and lack of integration are major challenges facing takaful companies

Malaysia: Leading takaful company's 2025 pre-tax profit at record high

Philippines: Insurance regulator stipulates segregation of funds between takaful window participants and shareholders

Saudi Arabia: Al Rajhi Takaful to double share capital through bonus issue

UAE: SALAMA's profit surges by around 150% in 2025, excluding 2024 extraordinary gain

Uganda: First takaful company launched on 3 March

Products and Alliances

Products and alliances

Diary

People on the move

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

Saudi Arabia: Arabia-UCA merger called off

Source: Middle East Insurance Review | Apr 2026

Arabia Insurance Cooperative Company (AICC) has announced the termination of the MOU and all negotiations related to the proposed merger with United Cooperative Assurance Company (UCA), based on the mutual consent of both parties, according to a statement AICC lodged with the Saudi Exchange (Tadawul).

The statement said that a termination agreement was executed by the two parties on 4 March 2026. M

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