MS Amlin, the Lloyd's global specialist (re)insurer, has renewed its Phoenix Re catastrophe bond for the sixth consecutive year, increasing collateralised capacity to $115m - the largest issuance to date.
The Egyptian Financial Regulatory Authority (FRA) has issued a resolution, amending some provisions of a 2024 regulation, regarding the controls for granting and maintaining licences for companies operating in non-banking financial activities, including insurance.
The takaful sector experienced steady growth during 2025, with global takaful assets expanding at an estimated rate of 15-17% annually, according to Mr Zubair Mughal, an expert in Islamic banking and finance.
Woliz, a Moroccan-based Retail-Tech platform that connects nano stores to the digital economy, has announced the closing of a $2.2m pre-seed round with Sanlam Maroc, a subsidiary of Africa's leading insurer Sanlam.
A new framework cooperation agreement between Moroccan Supervisory Authority of Insurance and Social Welfare (ACAPS) and Mohammed VI Polytechnic University (UM6P) will give a boost to development of research and financial education in the insurance and social welfare sectors in the country.
The Syrian Insurance Federation (SIF) and the Syrian Insurance Agents and Brokers Federation (SIABF) have been dissolved.
Fitch Ratings has maintained a 'neutral' outlook on the APAC insurance sector for 2026. This reflects robust performance and strong solvency buffers across most markets in the region.
Lloyd's of London has signalled its intentions to enter the International Financial Services Centre (IFSC) GIFT City in India.
Abu Dhabi-headquartered BlueFive Capital yesterday announced the launch of BlueFive Insurance, a dedicated platform to lead the consolidation, digitisation, and specialisation of the insurance industry across the Gulf Cooperation Council (GCC) and beyond.
The Central Bank of the UAE has revealed a strong increase in assets invested within the insurance sector, rising to AED 84.9bn ($23.1bn) at the end of 2024--equivalent to 59.2% of total sector assets and up from AED 77.2bn (54.6%) as of the end of 2023.