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Nov 2014

Global Takaful


Hull war rates to "at least double" - FAIR Aviation Pool

The attacks on Tripoli Airport and the downing of the Malaysian Airlines flight MH17 will double the hull war rate on most aviation programmes, if not triple it during the renewals this quarter, said Mr Tarik Brahimi, Director of the Federation of Afro-Asian Insurers and Reinsurers (FAIR) Aviation Pool in an interview with Middle East Insurance Review.

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Monte Carlo Rendez-vous: Cautious optimism sets tone for renewals

Despite observations such as increased risk retention by ceding companies, global reinsurers are still holding out hopes for moderate growth in P&C and Nat CAT cover in the medium term.

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Global bodies like IUMI more relevant than ever

Organisations such as the International Union of Marine Insurance (IUMI) which promote global cooperation are needed more than ever in the changing environment, delegates heard at the IUMI 2014 conference in Hong Kong.

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