Magazine

Jun 2018

Read the latest edition of AIR and MEIR as an Interactive e-book

Promising changes ahead

COUNTRY PROFILE - Tunisia

The sluggish economy in Tunisia has hampered the growth of the insurance sector, but a new insurance law in the pipeline is expected to result in bigger and stronger insurers, improved corporate governance and a better business environment overall. 
 
 


The time is now

COVER STORY - GAIF

This year’s GAIF Conference will tackle one of the hottest topics of the day: digital transformation and the insurance industry in the Arab world. As countries in the Middle East embark on ambitious technology-driven reforms in a bid to...

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Off to an intelligent start

FEATURE - Technology

Artificial intelligence (AI) will give Middle East insurers the competitive edge to be more customer-centric and efficient in their business operations. But they need to overcome challenges from regulatory compliance to privacy issues as they...

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All Stories

  • Magazine article aboutEditor-s-Message

    Editor's Message

    I hope Ramadan has given everyone the best of time to sit and reflect on the guiding principles, not just in life but in business too. How is the MENA region doing on the insurance front? Despite the rising geopolitical and regional tensions within,...

Cover Story

GAIF

  • Magazine article aboutThe-time-is-now

    The time is now

    This year’s GAIF Conference will tackle one of the hottest topics of the day: digital transformation and the insurance industry in the Arab world. As countries in the Middle East embark on ambitious technology-driven reforms in a bid to...

    Buy Now

  • Arab insurers in the era of digitalisation

    Keeping pace with rapid technological developments is a main challenge facing Arab insurers, and this could alter the face of the industry in the future, says Mr Abdul Khaliq Raouf Khalil, secretary general of the General Arab Insurance Federation...

  • Keeping the GAIF momentum going

    With a history of more than 50 years, GAIF has always kept pace with the latest regional and international developments. While this year’s event will examine the risks and opportunities of digital transformation within the insurance industry,...

Country Profile

Tunisia

  • Magazine article aboutPromising-changes-ahead

    Promising changes ahead

    The sluggish economy in Tunisia has hampered the growth of the insurance sector, but a new insurance law in the pipeline is expected to result in bigger and stronger insurers, improved corporate governance and a better business environment overall.

  • Setting the bar high

    Regulatory reforms and higher commitment from players could increase penetration rate, says Mr Hafedh El Gharbi, president, Comité Général des Assurances (CGA).

  • Reinforcing healthy performance

    Adopting prudent underwriting strategies and entrenching presence in target markets helped the company overcome the severe challenges the international reinsurance market witnessed in 2017, says Mrs Lamia Ben Mahmoud, chairperson and CEO of...

Insights

Healthcare

Compliance

  • Solvency II and lessons for MENA

    A stable and reliable regulatory framework, in line with Solvency II, will keep MENA insurance markets healthy and sustainable, says Ms Grace Abboud of Arab Re.

News

MENA

People on the move

Diary

Takaful Market Profile

Focus on Asia

  • Magazine article aboutTakaful-in-Asia-still-struggling-for-scale

    Takaful in Asia still struggling for scale

    Islamic insurance is often considered to be the poor cousin of the more headline-prone Islamic banking segment of the shariah compliant finance industry. The result is that the takaful sector has not yet reached the scale that its advocates have...

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Takaful Feature

  • Magazine article aboutRoom-for-growth

    Room for growth

    Sector expansion, product differentiation and technological innovation are the main drivers of profitable growth for the takaful and retakaful sectors, says Mr Salmaan Jaffery of Dubai International Financial Centre Authority.

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Shariah Compliance

  • Shariah compliance in the digital era

    For the takaful sector to embrace digitalisation to keep up with its conventional counterpart, shariah scholars must have a firm grasp of new processes and procedures to act as gatekeepers of compliance requirements, says Dr Akhtarzaite Abdul Aziz...

Feature

Technology

  • Magazine article aboutOff-to-an-intelligent-start

    Off to an intelligent start

    Artificial intelligence (AI) will give Middle East insurers the competitive edge to be more customer-centric and efficient in their business operations. But they need to overcome challenges from regulatory compliance to privacy issues as they...

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Renewals

Conference Report

  • Magazine article aboutBuilding-a-strong-and-innovative-Africa

    Building a strong and innovative Africa

    Africa possesses all the necessary resources to create a thriving insurance industry, but local players have to cooperate more to take the industry to the next level, said speakers at the 45th African Insurance Organisation (AIO) General Assembly...

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  • On an even keel

    Marine insurance has emerged as one of the most profitable branches for insurers where the loss ratio over the past five years reached 40%. This is a positive outcome compared to results from other lines such as motor, the first-ever Marine...

  • Insurers urged to strengthen role in financial inclusion policies

    Insurance is increasingly becoming a vital component in financial inclusion policies in emerging markets and the industry should take advantage of this to increase the penetration rate and cover larger social segments, said speakers at the 2nd FAIR...