On Behalf of His Majesty the King, Central Bank Governor Opens the 35th General Conference of the Arab Insurance General Union

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On behalf of His Majesty King Abdullah II Ibn Al Hussein, Governor of the Central Bank of Jordan, Dr. Adel Al-Sharqis, opened on Monday, October 5, 2026, the proceedings of the 35th General Conference of the Arab Insurance General Union GAIF 35, at the King Hussein bin Talal Convention Center at the Dead Sea, with the participation of 2,155 people from 48 Arab and foreign countries.

The conference is being held under the organization of the Arab Insurance General Union and the Jordan Insurance Federation, during the period from October 4 to 7, under the theme “Insurance: Back to Principles,” and brings together leaders of insurance and reinsurance companies, representatives of regulatory authorities and professional institutions, and experts and specialists from Arab and international markets.

The conference’s proceedings focus on enhancing cooperation among insurance markets, discussing technological transformations and increasing risks, and developing professional practices in a manner that protects the rights of the insured and supports companies’ ability to fulfill their obligations and sustain their businesses.

Al-Sharqis affirmed that the Royal patronage of the conference reflects the importance Jordan attaches to the insurance sector and its pivotal role in supporting economic activity, enhancing financial stability, and providing protection for individuals and institutions, pointing to the conference’s status as a platform for dialogue and the exchange of expertise and perspectives on the future of the industry.

He said that digital transformation, artificial intelligence, the changing nature of risks, and the needs of the insured require the sector to develop its tools, practices, and business models, while adhering to trust, protection of rights, solvency, governance, and sound management of assets and investments, in a manner that balances innovation with the firmness of professional principles.