From Editor-in-Chief

Trust International: Progressing on all fronts

Trust's direct insurance operations are progressing in various parts of the MENA region despite the unstable political circumstances, says Mr Khaled Abunahel, Chief Operating Officer at Trust International Insurance (Cyprus). By Osama Noor

PARIMA: Solutions for a changing risk landscape

Both risk managers and insurers should ensure that they evolve with the changing risk landscape and meet the needs of increasingly sophisticated corporate clients, says Mr Steve Tunstall, Board Member and General Secretary of the Pan-Asia Risk &...

Motor in Jordan - Coming out of the tunnel

The new Electronic Traffic Accidents Reporting System in Jordan and other initiatives by the Jordan Insurance Federation have succeeded where others have failed in stemming motor losses.

Life at a standstill

Life insurance in Jordan has not been growing fast enough to grab a larger share of the market, mainly due to prohibitive capital requirements.

IT in insurance: Digital marketing for GCC insurers - now or never!

It is time for insurers to adapt to the emerging online platform to be in the race for increased market share, says Mr Alexis de Beauregard of AXA Insurance (Gulf).

IT in insurance: Analytics for insurance

Mr Naushad Khan of GrayMatter Software Services discusses how insurance companies can tap into analytics and data discovery solutions in all their functional areas to develop their competitive edge.

Liability: Green buildings - Insuring 21st century cities

In the era of intelligent buildings, the leap in technology brings new challenges not only for engineering and construction, but the insurance industry as well. Messrs Roland Friedli, Daniel Gallandat and Thomas Schärer of Swiss Re look at the...

Liability risk for freight forwarders

Freight transport specialist insurer TT Club's Andrew Kemp outlines additional liabilities that freight forwarders bear with the variety of value-added services being offered to shippers.

Motor: Improving motor performance

An optimised risk selection strategy is the key to an improved profitability and more business growth. Mr Siegfried Scherm of Munich Re explains how insurers can benefit from a more detailed risk selection.

Tunisia: Back on track

As Tunisia emerges from the turmoil of the Arab Spring, it is ready to realise its full potential and rebuild its economy. The insurance industry has weathered the storm and can be optimistic about the future, says Mr Kamal Kaabi of ACE's branch in...

Making the green mark in Pakistan

The challenges facing Pakistan's takaful industry means that it is in competition not with conventional insurance, but with itself, says Mr Said Gul of Pak-Qatar Family & General Takaful.

Wealth management: Innovating Islamic wealth management

Datin Maznah Mahbob and Mr Al Juan Rusli of AmInvest discuss the building blocks of Shariah-compliant wealth management solutions, while highlighting the areas where innovation is most needed.

Building bridges

The insurance industry can benefit from enhancing its understanding of other cultures to create knowledgeable professionals and ways of developing business, says Mr Mohamed Larbi Nali, CEO of Societe Centrale de Reassurance (SCR) of Morocco and...

Strategic global view: Financial stability: A new dimension of insurance regulation

In the wake of the global financial crisis, the world's largest insurance groups have had to cope with macro-prudential policies as a new layer of supervision and regulation. Whilst these requirements clearly impose additional costs on insurers,...

MENA & GCC: Forum presents alternative solutions for emerging needs

With renewable energy sources (RES) emerging as viable alternatives, the insurance industry needs to provide innovative covers to respond to the needs of this sector, said Mr Abdul Khaliq R Khalil, Secretary General of the General Arab Insurance...

MENA & GCC: GAIF Conference attendees cross 1,000 mark

Over 1,000 delegates from 36 countries have registered to attend the upcoming General Arab Insurance Federation (GAIF) Conference in Egypt.

MENA & GCC: Brokerslink revamps to sharpen focus on Middle East and Africa

Brokerslink, one of the world's largest independent insurance broker networks, has reorganised its previous Europe, Middle East and Africa (EMEA) trading area by splitting it into two separate regions: Europe and Middle East & Africa (MEA).

Global: MENA insurance CEOs endorse climate change statement

Mr Fadi Abunahl, CEO of TrustRe, and Mr Khalifa Al-Subaey, Group President and CEO of QIC Group, have joined 64 other chief executives of the world's leading insurers in confirming their commitment to The Geneva Association's Climate Risk Statement...

Kuwait's firefighters to get health coverage

The Kuwait Fire Service Directorate (KFSD) has signed a contract with t'azur Takaful Insurance providing 3,908 firefighters with health takaful at a total cost of KWD2.97 million (US$10.5 million).

Malaysia: Etiqa Takaful issues US$93 mln sukuk

Etiqa Takaful, the takaful arm of the Maybank Group, has issued its maiden Subordinated Sukuk Musharakah of MYR300 million (US$93 million) in nominal value. Maybank Investment Bank was the principal adviser/ lead arranger and lead manager for the...

Takaful Malaysia's 1Q profit up 9% despite fall in revenue

Takaful Malaysia's net profit in the first quarter ended 31 March climbed 9% y-o-y to MYR35.1 million (US$11 million) because of "better investment results", it said.

Willis launches Shariah-compliant real estate insurance solution

Willis Group Holdings has launched the UK's first Shariah-compliant commercial real estate insurance in response to growing demand from property investors,the global risk adviser and broker said.

Takaful needs to be more robust

Takaful operators should be more open to using other financial instruments to improve their results and further maximise the potential of takaful as a service for various social segments, particularly the poor, said Dr Shahinaz Rashad, Executive...

Trust Re's seminar in Seychelles

Bahrain-based Trust Re hosted a business partners' seminar in the Seychelles in early May, focussing on the principles of treaty underwriting and risk management.

ICIEC celebrates 20th anniversary

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is celebrating its 20th anniversary this year, coinciding with the 40th anniversary of its parent, Islamic Development Bank (IDB).

Diary of events

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