FAIR Oil & Energy Syndicate: A fair treatment for excellence
Emirates Insurance Company: Driven by diversification energy
Future of takaful
UAE: Waiting to unlock high potential
InsurTech to boost takaful
Yes, takaful can remain relevant
Dubai
The right prescription
Motor
Gear up for driverless cars
Redrawing roadmap for UAE motor insurers
Shift to telematics for big gain
SME Insurance
Protecting small businesses against the unexpected
MEIF
Get stronger through the M&A route: MEIF
Liberty celebrates 10th anniversary in MENA
MENA
MENA: Premium growth momentum continues to be the key strength
GCC: Insurers likely to face credit risk in 12-18 months - Moody's
Algeria: Insurers contributing to revising insurance law
Algeria: Insurers to finalise direct motor compensation system
Bahrain: Insurance market forecast to expand by 6-7% this year
Iran: Minimum capital for insurers to be set at $26 mln
Iran: Motorcyclists in a rush to buy third-party insurance
Iran: Total premiums reach $7 bln in 2016
Mandatory cessions with Central Insurance of Iran unchanged
Kuwait: Proposal for independent insurance regulator under study
Kuwait: Gulf Insurance Group's GWP rose 15% to $698 mln in 2016
Kuwait Re's profit down 39% on forex loss, low investment income
Kuwait: Parliamentary panel endorses mandatory health insurance for visitors
Morocco: Five insurers plug into African network
Morocco: Wafa Assurance's 2016 gains boosted by non-life business
Morocco: Allianz Maroc aims to be benchmark for insurance sector
Morocco: Work-related accidents kill an estimated 3,000 a year
Oman: Life premiums more than double to $87 mln in 2016
Qatar: QCB issues instructions on combating money laundering, terrorism financing
Qatar Insurance Group shareholders approve capital increase of 15% to $760.8 mln
Tunisia: Agents see new insurance Bill as threat to livelihood
Tunisia: Insurance sector aims to double GDP contribution in 5 years
Turkey: Employment in insurance sector stays stable in 2016
Turkey: Use of equivalent auto parts to help cost control
UAE: Financial regulations will underpin insurers' profitability - Moody's
UAE: Insurance Authority and CII in training partnership
UAE: Insurance market to grow by 10% to $13 bln in 2017
UAE: Mandatory health insurance likely in all UAE emirates: Analysts
UAE: Arig's reinsurance arm, Arch Re get DIFC licences
UAE: Premiums to rise for buildings with combustible cladding
UAE: More local insurers making profits
DFSA strengthens Dubai's FinTech proposition
UAE: OIC launches online motor insurance solutions
UAE: IGI's GWP fell 4.5% to $231 million in 2016
UAE: Innovation gap in Gulf insurance business widening - Lloyd's CEO
Global
China drove global premium to $3.9 tln in 2016
Global obesity reaches pandemic levels: Aetna International
New partnership to boost Africa's disaster resilience
Takaful
Islamic Development Bank launches roadmap to promote Arab-African trade
Arab cooperative insurance sector grows to $33 bln: AMF chief
Bahrain: BKIC to become 63.68% shareholder of Takaful Int'l
Egypt: Takaful represents nearly 10% of overall insurance mart
Malaysian associations join hands to boost data protection
Malaysia: Etiqa Insurance & Takaful posts pre-tax profit of $182 mln in FY16
Al Madina inks pact to support SMEs in Oman
Saudi Arabia: Sanad applies for KSA's first voluntary liquidation
Saudi Arabia: Insurers urged to deal with accredited assessors
Saudi Arabia: Insurance claims hit record $6.3 bln in 2016
Saudi Arabia: Insurance sector likely to see M&As this year: S&P
UAE: Noor Takaful signs Dubai Declaration on sustainable finance
People on the move
COVER STORY - Future of takaful
Buy Now
MARKET PROFILE - Dubai
Dubai, which accounts for the majority of life and non-life businesses in the UAE, has emerged as the growth engine of the country. The implementation of the compulsory health insurance scheme has proven to be the right medicine at the right time.
INTERVIEWS
FAIR Oil & Energy Insurance Syndicate (FOEIS) is the first entity of its kind in the region to receive rating from an international agency. Such a classification puts the Syndicate on track for progressing its position towards higher standards,...
It is April and takaful takes centre stage with the World Takaful Conference still drawing in the numbers to Dubai. And while many still question the model’s efficacy, Lemonade, launched in New York, has made heads turn and hailed as the next...
Crossing the AED1-billion GWP mark in 2016 underlines Emirates Insurance Company’s position as a major player in the UAE market and is testimony to the management team’s long-term strategy, says CEO Jason Light.
The UAE takaful market has not lived up to expectations owing to various aberrations. Though they faced similar concerns as the traditionals with weak ROEs, the relative newness and lack of scale for takaful operators brought them under greater...
Peer-to-peer insurance and InsurTech are the latest buzzwords challenging the traditional business model and competitive landscape. Mr Adeel Mushtaq of EY says takaful companies can position themselves and emerge stronger only by disrupting...
The increasing number of takaful operators, improving financial performance, and the product innovations being tried out are proof of its relevance, says Mr Mohamed Iqbal Mankani of MIM Business Consultants.
With autonomous cars ready to make their debut and disrupt key aspects of motor insurance, the future of the industry will hinge on its ability to manage and embrace the transition to a driverless landscape.
Insurers that adapt best to the business implications of changes in cover introduced this year should benefit from a stronger and more stable sector, say Messrs Chris Halliday and Robin Milner of Willis Towers Watson.
The emergence of the connected car and the growth in the related telematics ecosystem present great opportunities but driving this growth will be a key focus for the insurance industry, says Mr Pravar Gautam of Scope Technologies.
SMEs need to be educated that insurance is a necessary investment for protection, rather than an ancillary cost, especially during uncertain times, says Ms Phabiola Menon of RSA Insurance.
Bogged by competition among too many players, the last MEIF in Bahrain urged insurers to grow their size by M&A and to be ready to serve large clients better.
Liberty Specialty Markets is planning to further strengthen its strategic partnerships in MENA and introduce new products, said Mr Nick Metcalf, President and Global Managing Director of Liberty Specialty Markets, speaking at the reception held at...
Premium growth is regarded as the most relevant strength of the MENA insurance marketplace – a view held by senior insurance executives in the region, according to the MENA Insurance Pulse 2017.
Insurers in most GCC countries will likely face moderate-to-high credit risk in the next 12-18 months, said Moody’s Investors Service in a recent report.
Insurers have begun to submit proposals for the revision of the Insurance Act of 2006, according to Mr Abdelhakim Hadjou, CEO of Trust Algeria Assurances & Reassurances.