Insights

Marine

Regional shipping growth offers more opportunity for the P&I market

There is a bright future in the Middle East marine P&I market for insurers prepared to innovate and commit to the long term, say Messrs Eugène van Steekelenburg and Dirk Pieter Kruijsifix of MS Amlin.

Insurance for SMEs

SMEs: A growing market for Middle East insurers

Insurers stand to gain as SMEs continue to thrive throughout the MENA region bolstered by economic reforms, says Mr Tamer Saher of RGA Reinsurance Company Middle East.

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Healthcare

Optimising regulation without limiting competition

As inflation and market consolidation continue to raise medical costs and erode health insurers’ margins, regulators in the Middle East are fine-tuning regulations so that consumers can receive a higher level of care at reasonable prices, says Mr Christian Romieh of AXIS Re, DIFC.

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Technology

The rise and rise of data

Data breaches and cyber crimes are becoming more commonplace both in the Middle East and globally. The increasing need for protection against cyber attacks means that cyber premiums will soon outpace those of all other insurance lines, says Mr Justin Whelan of Ince & Co Dubai.

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