Magazine

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

Sep 2015

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

Renewals outlook - Tough competition taking toll on reinsurers

COVER STORY

Some of MICC's reinsurance members share their experience of the July renewals and how they are dealing with the prevailing soft market, expected to continue into 2016 as competition stiffens.


Lebanon - Getting through tough times

COUNTRY PROFILE

On the back of a modest economic performance and ongoing sociopolitical unrest in the region, Lebanon's insurance sector expanded slower in 2014, but players remain upbeat about the outlook.

Retakaful Special Feature - Plugging the gap in the takaful chain

GLOBAL TAKAFUL

The debate goes on: despite the growing acceptance of retakaful, and bigger capacity for mega risks, there is undue preference for conventional reinsurance. What needs to be done to stem the leakage of contributions?


All Stories

Interviews

  • GTG: Accelerating takaful growth

    With the long-term objective of being the official voice of the international takaful sector, the Global Takaful Group (GTG) is continuing its role in accelerating its growth. Mr Firas El Azem, GTG Chairman and General Manager of Takaful Re,...

Cover Story

Country Profile

  • Lebanon - Getting through tough times

    On the back of a modest economic performance and ongoing sociopolitical unrest in the region, Lebanon's insurance sector expanded slower in 2014, but players remain upbeat about the outlook.

  • Lebanon - Interview with the regulator: Guiding a growing market

    Lebanon's insurance sector can grow at least three times its current size, especially with consolidation, says Mrs Nadine El Habbal Assali, recently appointed as Acting Head of Lebanon's Insurance Control Commission (ICC).

  • Lebanon - Promoting a dynamic industry

    Elected as President of the Association of Insurance Companies in Lebanon this year, Mr Max Zaccar will lead efforts to promote and improve the sector. He talks about the challenges and tasks ahead, including a plan to establish an oil & energy...

Special Feature

Global Takaful

Risk Management Feature

  • Drones: Charting a sustainable flight path

    With the drones becoming more popular in sectors ranging from aviation to construction to media, the industry and regulators need to rise to the challenge to ensure their safe and sustainable use.

Legal Page

  • Evolving D&O cover to meet regulatory changes

    Ms Susan Dingwall and Mr Martin Schneider of Norton Rose Fulbright LLP look at the increasing regulatory focus on individuals, and the implications for D&O insurance and financial centres in the Gulf.

Conference Reports

  • Jordan: Tackling the motor issue

    Jordan's insurance sector has been suffering over the past 15 years with regards to motor third-party liability (MTPL), said players at an industry event in Amman recently.

  • Building a sustainable microinsurance market

    Regulatory intervention, suitable technology and consumer education are the three key enabling factors for the sustainable development of a microinsurance market, said attendees at a seminar in Tunis. Mr Michele Grosso of Democrance sums up the...

Book Review

Special News

  • 2014 report card on MENA

    The MENA insurance industry delivered another solid performance in 2014 amid a difficult market environment, with the UAE and Saudi Arabia surpassing Iran to become the second and third-largest markets, respectively, in the region. Furthermore, life...

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