From Editor-in-Chief
Anniversary special: MICC turns five
MIIA winner's profile: Pioneering takaful in Qatar
Asset management: Costs and benefits of spreading asset allocation
Women in insurance: Glass ceiling chipped, not yet broken
Lloyd's takes the Middle East plunge
Winds of change in Qatar
Evolving with Qatar's burgeoning needs
Exceeding growth expectations
QFC: A decade in the making
Multaqa makes its mark
NAT CAT: Are insurers ready for rising CAT exposures?
NAT CAT: Keeping up with Nat CAT perils in the Middle East
NAT CAT: Ignore CAT risks at own peril
NAT CAT: The need for quality data in CAT models
NAT CAT: A return to more damaging events?
NAT CAT: CAT modelling set to transform
Property: Exciting times for MENA property insurance
Aviation: Capacity to meet growing airline demand
Selecting a reinsurance partner
Making takaful work in Qatar
Microtakaful: Indonesia: A ready market for microtakaful
MEIF: Call for regulatory harmony at MEIF
Managing the risks of big data
MENA & GCC: GCC's oil export losses could total US$300 bln - IMF
Middle East: Jobless youths forecast to hit 50 mln by 2020
Middle East: Winter storm caused US$100 mln in economic losses
Algeria: Proposed law to mandate construction insurance
Egypt: Proposed reinsurer to have US$450 mln in capital
Egypt: Medical premiums up 27% to US$130 mln
Jordan: Arab Orient Insurance records 23% growth in 2014 profits to US$7 mln
Kuwait: Medical body calls for review of health insurance law
Kuwait: GIG's 2014 profits grow 18% to US$41 mln
Morocco: Transport insurer turns to telematics
Oman: GWP rises 10% to US$1 bln for 2014
Oman: AIG opens four branches
Qatar: Qatar Re grows 1 Jan renewals by 25%
Tunisia: 2015 sees start of five-year insurance plan
Tunisia: Motor TPL premiums hiked by 10%
Turkey: GWP up 7% in 2014
UAE: New rules to align insurers with international solvency requirements
UAE: Insurance House taking steps to improve performance
UAE: OIC's GWP up 10% to US$871 mln in 2014
UAE: Millennium and RMS enter into broking JV
UAE: NEXtCARE and American Hospital Dubai extend partnership
UAE: Several changes afoot in motor insurance
Insurance industry leaders launch microinsurance consortium
Bahrain: New takaful rules to promote growth
Egypt: ICIEC partners with OPIC on oil and gas investments
Jordan: Islamic Insurance grew 9% in 2014
Kuwait: Moody's affirms Gulf Takaful's Ba1 IFSR rating with stable outlook
Malaysia: Al Rajhi Bank bullish on takaful
Pakistan: EFU Life opens family takaful window
Qatar: Al Khaleej Takaful Group assigned 'BBB' ratings with stable outlook
Saudi Arabia: Tawuniya back in the black
UAE: Takaful Re expected to build position over next two years - S&P
IFSB Summit to discuss core principles for Islamic finance regulation
Diary of events
People on the move
Hats off to the insurance industry
This year marks the fifth anniversary of the MENA Insurance CEO Club (MICC), launched in 2010 with the vision to become the mouthpiece and think tank for the regional insurance industry. We trace the highlights of its journey, and preview what lies ahead for this exclusive Club.
Takaful in Qatar effectively began when Qatar Islamic Insurance Co commenced operations in 1995 and in 2014, it won the Family and General Takaful Company of the Year Awards at the Middle East Insurance Industry Awards. CEO Ali Ibrahim Al Abdulghani elaborates on what the company is doing to grow sustainably and maintain its leadership position.
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The slump in oil prices may push GCC insurers towards further globalisation of investment policy, but what challenges are they likely to face? Mr Andrew Epsom of Towers Watson explores the topic.
Women have made great strides breaking into the executive ranks, but are still under-represented at senior management and board positions of many insurers in the Middle East. In fact, there is only one female CEO out of 88.