Latest insurance news from MENA insurers and regulators. Explore auto, home, life, P&C, pet and health insurance, including insurance rates, insights, trends, and breaking insurance news from Middle East and North Africa.
UAE insurtech Shory has signed an MoU with the UAE Cyber Security Council to support cyber resilience, threat intelligence sharing and national cybersecurity preparedness
Iran widens oil tanker attacks across the Gulf, targeting vessels near Qatar and the UAE as it seeks to control the Strait of Hormuz and restrict oil exports
Alan acquires Senegal-based healthtech Tanel, entering Africa’s health insurance market with plans to cover more than 1 mn people across the continent by 2030
Shory AI helps UAE drivers compare car insurance quotes, understand policy coverage and purchase insurance through an AI agent supporting English and Arabic
Chubb appoints Paul Jones as Head of Accident & Health for EMEA, overseeing the insurer’s regional A&H business and growth across corporate and consumer markets
Flydubai flight FZ1073 from Dubai to Tel Aviv made an emergency landing in Saudi Arabia after a cockpit stabbing. Israeli officials suspect a hijacking attempt
Global Trading Show has announced an update to its event dates, with the highly anticipated event now set to take place on 10-11 December 2026 in Abu Dhabi
Heirs Insurance launches Prince AI, a multilingual generative AI assistant for policy purchases, renewals, claims and insurance support in Nigeria
PureHealth launched an AI-powered system for Daman that will process more than 60 mn insurance documents a year and cut turnaround times to minutes
Saudi Arabia approved a national marine war-risk insurance pool led by Saudi Re to protect cargo, vessels and trade during geopolitical disruption
UNCTAD warns Strait of Hormuz disruptions are raising energy, freight, insurance and financing costs, putting smaller businesses under pressure
Insurtech Shory partnered with EVS and Al Wathba Insurance to launch Tesla-specific motor coverage in the UAE with access to specialist EV repairs
Saudi Arabia has discussed a state-backed marine war-risk insurance pool with London brokers as Iran and Houthi threats raise regional costs
War-risk premiums climb for ships in the Persian Gulf and Red Sea as insurer appetite tightens and regional attacks reshape voyage costs.
DIFC Court of Appeal says English law governs a $70 mn marine war-risk reinsurance dispute and rejects open-ended defence-cost liability
Bahrain insurtech Soor secures pre-seed funding from Spring to develop its digital insurance marketplace and expand insurer partnerships
War risk premiums for Red Sea shipping rose after Yemenâs Houthis threatened a naval blockade on Saudi Arabia, raising risks for oil and trade routes
Dubai Airports says some European carriers face insurance hurdles as US-Iran strikes and travel advisories keep Gulf routes under pressure
Ships crossing the Strait of Hormuz face war risk insurance costs 4,000 times higher as mines, missiles, and attack boats threaten transit
Emirates launches travel insurance with $25,000 conflict medical cover, hotel stays, rebooking support, and disruption protection
Investors, banks, and insurers are adapting catastrophe-model methods to forecast war, regime change, shipping disruption, and political violence
Egypt launched a nationwide Eid al-Adha medical plan, adding hospital readiness, ambulances, blood stocks, mobile clinics, and emergency monitoring
Fresh U.S. strikes near Bandar Abbas deepen uncertainty for marine insurers as Hormuz war risk pricing remains far above pre-war levels.
WTW says U.S.-Iran tensions are driving aviation insurance pricing pressure, with hull war and liability rates set for tougher renewals in 2026
Ethiopia plans to allow foreign insurers for the first time in decades, aiming to boost competition, capital, and coverage
Cyera buys Ryft to strengthen controls over AI-driven data access as enterprises face rising risks from autonomous systems
Digital insurance expands across Africa and the Middle East, yet weak reinsurance capacity and rising motor losses raise pressure on sustainability
India is preparing sovereign support for marine insurers as Gulf war-risk premiums surge, with proposed backstops worth $1.8 bn to keep cover in place
DFC and Chubb added six US insurance partners, doubling maritime reinsurance capacity to $40 bn to support trade through the Strait of Hormuz
Reinsurance rates eased again at April 1 renewals as strong capital, low cat losses, and surplus capacity outweighed geopolitical stress and economic uncertainty
Fitch warns Iran conflict could hit marine, aviation, and energy lines, with indirect risks from inflation, asset declines, and defaults
Fitch Ratings expects the withdrawal of hull war-risk marine insurance in the Persian Gulf to carry negative credit implications for U.S. property and casualty insurers
Fitch says global insurers face manageable earnings pressure from Iran conflict unless escalation damages energy infrastructure or prolongs market volatility
U.S. DFC and Chubb launch $20 bn maritime reinsurance framework to support oil and LNG shipping through the Strait of Hormuz
War-risk rates in the Strait of Hormuz climb to 3% of hull value as DFC launches $20bn reinsurance plan amid tanker strikes
Marsh and Aon warn marine hull war premiums in the Gulf could rise 25â50% as underwriters cancel policies and reprice transits
Morningstar DBRS says Iran conflict could push reinsurers to raise attachment points, cut capacity and heighten volatility in marine and aviation lines
Marine insurers cancel war risk policies in the Gulf after tanker strikes push premiums toward 1% of hull value and strand 150 vessels
Marine insurers are cancelling war risk cover for vessels operating in the Middle East Gulf as the United StatesâIsraelâIran conflict disrupts tanker traffic
S&P says reinsurers enter 2026 with strong capital buffers despite expected losses from Middle East conflict across marine, aviation and specialty lines
Kennedys warns escalating US, Israel and Iran hostilities threaten simultaneous losses across political violence, marine, aviation, energy and trade credit lines
Policybazaar has introduced Watania Takaful â PB Auto Care Advantage (Pitstop P360), a comprehensive motor plan developed with Watania Takaful and Pitstop Automotive Services
MS Amlin launches a political risk reinsurance partnership with Mitsui Sumitomo Insurance in the UAE, expanding contract frustration cover via Dubai
Willis expands its direct and facultative placement network with new hubs in Dubai and Madrid, extending global market access through a single coordinated platform
IUMI and TAPA EMEA warn cargo crime is surging worldwide, with digital fraud replacing physical theft as losses reach billions across supply chains
Nepal detains six rescue agency officials accused of staging helicopter evacuations near Mount Everest to extract nearly $20 mn from global insurers
More than 79 sanctioned tankers involved in transporting Russian oil halted operations in 2025, while freight and vessel insurance costs jumped by 40-50%
BMIâs Yoel Sano flags Arctic disputes, regime change, and nuclear uncertainty as top political risks insurers face heading into 2026 and beyond
Tariff threats tied to Greenland sharpen geopolitical risk, forcing insurers, reinsurers, and brokers to reassess political violence, SRCC, and supply chain exposure
Santam, Alchemy Technology Services, and Buckhill delivered a new Lloydâs PAS for Syndicate 1918 in under three months, replacing legacy systems with a cloud-based, ecosystem-led model.
Premiums for vessels heading to Russian and Ukrainian ports jump toward 1% of ship value as insurers reassess rapidly escalating risks in the region
Saudi insurer Walaa deploys CoverGoâs digital health claims platform to bring claims in-house, cut costs, and support growth in its health portfolio
Gallagher Re says Turkiyeâs Jan 2026 property-CAT renewals saw 15% rate drops, heavy oversubscription, and easing pressure on parametric covers
A Palau-flagged tanker bound for Russia reported a drone attack in the Black Sea and diverted to Turkey
Africa Specialty Risks renews the Baobab Consortium at Lloydâs, increasing per-risk capacity to $26 mn for Africa and Middle East exposures
Kennedys warns geopolitical tension, climate volatility, trade disputes, and post-Brexit rules are reshaping risk and claims pressure in marine insurance
Swiss Re and Abu Dhabi-based RIQ sign an MoU to develop AI-native reinsurance capacity and risk solutions across the UAE market
Aging tankers, sanctions, and tight capacity are keeping oil shipping rates elevated into 2026, with relief unlikely before new vessels arrive
A renewed La Niña is fueling floods in Asia, early US snowstorms, and mounting economic losses, with insurers and commodity markets bracing for impact
bolttech acquires Kenyaâs mTek, expanding its East African footprint and boosting global embedded-insurance capabilities with a proven digital platform
