Gross written premiums for the insurance market in Iraq reached IQD142.7bn ($108.9m) in the second quarter of 2025 (April-June), against IQD100.3m in the corresponding period of the past year, registering an increase of 42%, according to a statement issued last week by the Iraqi Insurance Bureau (the Diwan), the insurance regulatory authority in Iraq.
The Iraqi Insurance Diwan (IID), the insurance regulator, has announced the completion of a draft Code of Professional Conduct for the insurance sector.
The Iraq Insurance Diwan (IID), the insurance industry regulator, is working on improving the motor insurance system.
Iraq Insurance Diwan (IID) has raised guarantee deposit requirements for insurers, according to a media statement issued by the insurance regulator.
?The insurance market has registered a remarkable growth rate in the first quarter of the year, which is a promising sign for the market, said the insurance regulator, Iraq Insurance Diwan (IID).
The inaugural elections for the Association of Insurers and Reinsurers have been held in a move that is the beginning of a new phase toward regulating the sector and enhancing confidence in it.
Iraqi insurance and reinsurance veteran Dr Mustafa Rajab passed away on 15 June in Abu Dhabi at the age of 96.
The Ministry of Finance has commissioned global professional services firm Ernst & Young (EY) to evaluate the performance of government-owned (re)insurance companies.
The Insurance Bureau (Diwan), the insurance regulatory body in Iraq, announced the implementation of the pilot project for climate risk insurance, which is the first of its kind in Iraq and the region.
Several trends in 2020 reveal how the pandemic has shaped terrorist activity, says Aon as it releases its 2021 Risk Maps yesterday. Terrorist threats from both the far-right and left extremists fell overall.