Arab Insurance Federation Opened 35th General Conference

The event at the Dead Sea gathers regional leaders to address industry resilience and evolving financial regulations.

Updated on Oct. 5, 2026 in Insurance

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The General Arab Insurance Federation opened its 35th general conference at the Dead Sea, focusing on industry resilience and new regulatory frameworks. AI Illustration. Upload story photo >

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The General Arab Insurance Federation inaugurated its 35th general conference at the King Hussein Bin Talal Convention Centre. The gathering, themed Back to Basics, serves as a platform for industry experts and regulators to discuss current challenges.

Why it matters

The conference aims to strengthen industry resilience and navigate new legal frameworks like the Insurance Contracts Law of 2026. These efforts are crucial for stabilizing the regional market amid evolving economic conditions.

Jordanian insurance sector assets totaled $1.8 billion in 2025. In 2020, total Arab insurance premiums reached $70 billion, representing 1.7 per cent of the region's GDP.

The players

General Arab Insurance Federation

This is a prominent regional organization that works to coordinate the insurance industry across the Arab world.

Jordan Insurance Federation

This entity serves as the primary trade body for insurance companies operating within Jordan.

The details

Organized jointly by the General Arab Insurance Federation and the Jordan Insurance Federation, the event focuses on industry challenges and regional strategy. Participants are evaluating the Insurance Contracts Law of 2026, which creates a new legal structure for risk-transfer tools.

Timeline

  1. Arab insurance premiums totaled $70 billion in 2020.

  2. National insurance premiums in Jordan grew 6 per cent during 2025.

  3. The conference was inaugurated on October 5, 2026.

  4. The event is scheduled to conclude on October 7, 2026.

Market Dynamics

The introduction of the Insurance Contracts Law of 2026 represents a shift toward more formalized risk management across the region. This legal update positions the industry to better align with international standards and strengthen its collective financial standing.

The implementation of the new Insurance Contracts Law may alter available risk-transfer tools and investment strategies for regional stakeholders. Market participants are monitoring these regulatory updates to adjust their long-term insurance asset allocations.

The takeaway

The industry is shifting its focus toward standardized legal frameworks to foster greater market resilience. Stakeholders should anticipate that new regulatory mandates will play a larger role in shaping regional financial strategy through 2026.

Further reading

Learn more about evolving sector regulations and market trends on our Insurance page.

Source note: This article includes information reported by Jordan Times.

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