Seib: A competitive differentiator
M&A
Away from ground realities
Tougher regulation fans consolidation embers
Jordan
Trudging through testing times
Interview with the Regulator - Working to reinforce the sector
Marine insurance
Navigating out of the perfect storm
Covering crewless vessels
What marine insurers can learn from the RENOS case?
Chartering an autonomous sail
Technology
Get your game on
Embracing tech to stay engaged
Market Overview
Closing the protection gap
Workplace Wellness
It pays to invest in your employees' health
Carthage Rendezvous
Leverage scale to face Nat CAT risks
Managing compliance
MENA
Call for submissions for 4th Middle East Insurance Industry Awards
Middle East: Insurance business valued at $35 bln in 2016 - Arab Monetary Fund
Arab economies forecast to grow at average rate of 2.3% this year
Four-pronged disruption to impact MENA insurance markets: EY
GCC states need a national resilience framework against disasters
Gulf States' fragmented approach to FinTech needs to change
GCC SMEs can learn about digitalisation from other regions: ICAEW
Algeria: Farming mutual insurer signs contract with food group Lacheb
Bahrain: Trust Re's 2016 GWP reaches $481.7 mln
Egypt: Cabinet gives nod to health insurance draft law
Egypt: Health premiums crossed EGP1-bln mark in 2016
Egypt: Regulator guides insurers on treatment for forex gain/loss
Iran: Govt's big hand in economy hampers insurance growth
Lebanon: Life premiums up by 7% to over $500 mln in 2016
Lebanon: Govt to offer subsidised loans to merged insurers
Morocco: Outlook deemed positive for 3 listed insurers
Morocco: Online insurance platform launched
Oman: Insurers blame high motor payouts for lower profits
Oman: Insurers to sell 25% of shares in impending IPOs
Oman: Foreign investment insurance deal inked
Oman: Al Anwar completes partial sale of stake in Falcon Insurance
Palestine: Little room for new insurance players
Qatar: 5 listed insurers' combined profits down 37% to $385 mln
Qatar: Doha Insurance Company renamed as Doha Insurance Group
Tunisia: Listed insurers see 8% rise in premiums in 2016
Turkey: Mandatory auto premiums 30% lower on average wef April
UAE: Pensions authority urges employers to comply with registration requirements
UAE healthcare market forecast to reach $28 bln by 2021
UAE: Daman members can now use their Emirates ID to access healthcare services
UAE: Orient settles Emaar's $332-mln fire insurance claim
UAE: OIC teams up with global partners to launch new investment product
UAE: Insurers urged to form technical panel to study VAT impact
UAE: Compensation fund proposed for hit-and-run victims
Global
Populism and terrorism converge to compound global risks
Global insured losses from disasters up 42% to $54 bln in 2016
Takaful
GCC: Global Takaful Report warns of slowdown in short term
Jordan: The Islamic Insurance Co raises capital by 25% to $21 mln
Kenya: Takaful rules to be drafted to promote Islamic finance
Malaysia: Takaful to grow steadily by 4-5% this year
Malaysia: Takaful Ikhlas targets $48 mln contributions on the back of 5-year deal
Malaysia: STM expects slower family takaful growth
Takaful Oman to have its first automated insurance machine
Saudi Arabia: Insurance per capita spend inches up to $310 in 2016
Saudi Arabia: Insurers warned over rejecting mentally ill patients
Saudi Arabia: Gulf Union-Al Ahlia merger talks are in early stage
Saudi Arabia: Insurers develop unified database to handle motor claims
UAE: Regulations on life and family takaful soon - Insurance Authority
UAE: Takaful firms expected to turn to motor for profitability
People on the move
COVER STORY - M&A
Buy Now
FEATURE - Marine insurance
Marine casualties large and small are poised to rise to levels not seen in many years and there is a strong possibility that constructive total losses will increase.Mr David Ong of ArgoGlobal advises marine insurers to stay the course with a...
COUNTRY PROFILE - Jordan
Work is afoot to strengthen the supervisory environment in Jordan by updating regulations and preparing new laws, while supporting various initiatives to help insurers grow healthily. Providers need to diversify business to achieve sustainable...
With May, global warming notwithstanding and the freak weather everywhere, the region is abuzz with visitors and hectic meetings preparing for the July renewals. Things will start to slow down with the start of the fasting month on 27th and the...
At a time when most insurers across the Middle East were feeling the pinch in the wake of the oil price crash and economic slowdown in a crowded market, Qatar-based Seib Insurance and Reinsurance Company could clock an impressive 24% y-o-y growth....
The environment is ripe and favourable for more M&A in the Middle East. The regulators push it passionately, the industry is clamouring for consolidation, transaction funding is waiting in the wings, the scope for synergy is better than ever,...
Tightening regulation and capital requirements will increasingly stimulate insurance M&A activity in the GCC in the next few years, say Messrs Robin Milner and Fergal O’Shea of Willis Towers Watson.
The relatively small size of Jordan’s insurance market has been a big challenge for operators. The market grew moderately and profitability improved in 2016, a satisfactory development in light of the slow economic growth and the...
The impact of technology in the commercial shipping industry will change the course of marine insurance and risk management. Mr Rodolfo Quiroga of AIG looks at the risk and coverages needed by parties in the new autonomous logistics chain, bearing...
When assessing a constructive total loss of a ship, should the value of salvage services incurred prior to the issuance of a Notice of Abandonment be taken into account?Mr Grant Pilkington of Clyde & Co offers advice in the context of a court...
With the appeal to make a mundane task lively and engaging, gamification has so far shown that it is an attractive way for insurers to deliver enhanced digital experiences and ultimately help build deeper relationships.
To stay relevant in a market characterised by manifold changes in the business environment, a review of the current business operating model for financial advisors and insurers is a must, says Ms Reena Vivek of Zurich International Life.
The large protection gap in the Middle East is indicative of a huge opportunity for insurance growth. Messrs Rajeev Sharan of Swiss Re Institute and Mohamed Seghir of Swiss Re list the essential solutions instrumental in reducing the gap and...
In the face of mandatory health insurance, runaway medical inflation and increased utilisation by insured members, employers have only one option to contain this new and rapidly growing P&L item called health insurance. Mr Robin Ali of...
Emerging economies, including those in MENA, are becoming increasingly vulnerable to Nat CAT threats and paying a hefty bill despite their marginal contribution to the world economic development and low insurance penetration rates, said speakers at...
Takaful will not be able to sustain growth without a strengthened regulatory frameworks, good governance and Shariah compliance. Dr Hatim El Tahir of Deloitte looks at the vital role of boards and executive management to ensure full compliance.
Middle East Insurance Review (MEIR) is hosting the coveted Middle East Insurance Industry Awards (MIIA) for the fourth year now, with a total 16 award categories to be honoured at a Gala Awards Dinner on 22 November.
Total insurance premiums in Arab countries reached about US$35 billion by the end of 2016 for conventional and Islamic insurance, while the annual growth in insurance premiums is estimated at around 6%, according to Dr Abdulrahman bin Abdullah Al...
The average economic growth rate this year for Arab economies is expected to be 2.3% as a result of lower growth among Arab oil-exporting countries, according to the Arab Monetary Fund (AMF) in its April edition of “Arab Economic Outlook...