After years of speculation and anticipation, Lloyd's is finally launching its Middle East platform in Dubai this March. What lies ahead for Lloyds and the...
There are signs of regulatory reforms and industry collaboration to raise premium retention, even as companies are calling for more to be done to improve market discipline.
Theme: ''Winning with Banks''
Theme: ''A Need for Creative Solutions to Meet Increasing Risk Exposures''
Theme: ''Protecting and Growing the Future of Asia''
03 Mar 2015 - MICC Hits 20 members with Regional Heads of AIG and Zurich joining
17 Nov 2014 - Middle East Insurance Industry Awards Salutes the Stars
19 Oct 2014 - Finalists of Middle East Insurance Awards Announced
“The level of sophistication required for Nat CAT modelling is high and as an industry, the GCC region is not mature enough compared to its European and American counterparts. Even in the GCC, companies with better risk management practices are allowing for Nat CAT in their modelling using alternatives ways of modelling. Therefore, rather than taking an ostrich approach to the issue, we should start working with crude models and approximations and then refine our approach as we move forward..”
Mr Hatim Maskawala, Managing Director, Badri Management Consultancy
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