Local leadership drives global strategy
Buffett's rules guide Dubai operations
Building on a solid foundation
Women in Insurance
Champions of change
Tunisia
Breaking the deadlock
CEOs
Holding the fort in the face of change
Corporate governance
Governance and culture: Implementation challenges
Tighter control as businesses mature
Fraud
Tinker, tailor, doctor, fraudster
Waleed Jabsheh on family and corporate values
Better regulations to boost trade credit takaful
MENA
MENA: World Bank forecasts marginally higher GDP growth this year
MENA: Total startup funding up 31% to $893m in 2018
Middle East: Property reinsurance capacity of regional players in the spotlight
Algeria: Insurance sector saw stable premium growth in 9M18
Egypt: Minimum capital for insurers to be raised 1.5 times to $8.4m
Egypt: Individual insurance brokers allowed to undertake online distribution
Egypt: Microfinance clients must have life insurance
Egypt: Market forecast to grow at double digits this year
Jordan: Up to 7 insurers may exit the market
Kuwait: Insurance sector to get its own regulator
Kuwait: Life market faces lack of expertise and other challenges
Lebanon: Life insurance declined by 7% in 2018
Lebanon: Online insurer seeks strategic partner to fund expansion
Morocco: Central bank says insurance sector is strong
Oman: Cyclone Mekunu claims exceed $400m
Palestine: Authority starts 7-month insurance awareness drive
Saudi Arabia: Merger of two insurers set to be finalised in May
Tunisia: Automobile risk centre set up to unify bonus-malus system
Turkey: Govt extends ceiling on compulsory motor insurance premiums
Turkey: Lawmakers approve law to establish national reinsurer
Turkey: National pension plan extends minimum subscription period to 3 years
UAE: Cash collection remains problematic for insurers
UAE: Regulator lays out 3-phase implementation schedule for IFRS 17
UAE: Premiums estimated to have broken through AED50bn-mark in 2018
UAE: Motor premium rates down by 15-18% in 2018
UAE: Pay-as-you-go motor insurance to be introduced shortly
UAE: Marsh launches China desk in Dubai
UAE: ADNIC to provide motor insurance to government fleet
UAE: Allianz Care selects Health at Hand as telehealth partner
UAE: Financial comparison site secures $8m in latest funding round
UAE: Aetna International and Neuron announce strategic partnership
Global
Cyber joins business interruption as the top business risks globally
Value proposition to reinsurance buyers remains high
Marine industry publishes enhanced cyber security guidelines
Takaful
Global: Takaful remains small proportion of Islamic financial market
Global: IFSB issues paper on consumer protection in takaful
Egypt: Misr Insurance group setting up family takaful company
Indonesia: Shariah ecosystem to give impetus to takaful
Malaysia: Actuarial Partners teams up with Moody's to offer IFRS 17 services
Malaysia: Several factors brighten prospects for takaful sector
Morocco: Preparations for takaful in final stage
People on the move
COVER STORY - Women in Insurance
COUNTRY PROFILE - Tunisia
Undeterred by the challenging economic conditions, the Tunisian insurance sector continued to grow in the past year, underpinned by vigorous life business and encouraging regulatory reforms.
FEATURE - CEOs
Faced with significant disruptions and shifting market conditions, CEOs are under intense pressure to drive growth and deliver results. To overcome these challenges and maintain relevance, the execution of effective strategy has never been more...
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MENA is again different with higher growth expectations even as the rest of the world is bracing for lower growth than last year. What is the X factor that gives impetus to the region at a time where globalisation is taking a back seat? Is it the...
Hyperion Insurance Group, which owns Howden, one of the fastest growing businesses within the group, has always placed its employees at the core of its operations. Group chairman Dominic Collins tells Middle East Insurance Review why investing in...
Berkshire Hathaway Specialty Insurance senior executive officer Alessandro Cerase talks about the company’s modus operandi and its prospects after a year of being in the DIFC.
AXA Gulf CEO Cédric Charpentier tells Middle East Insurance Review how the company aims to retain its robust standing in the insurance market across the region as competition heats up.
As equality and inclusivity grow in importance on the corporate agenda, the insurance industry is slowly transforming into a more diverse professional environment with a better representation of women across the board. With a growing number of...
Companies seeking to attract investment in the region are now increasingly focused on corporate governance and culture, but some are struggling when it comes to implementation, says Ms Maryam Zaman of KPMG Lower Gulf.
Globalisation and technology have changed the pace of evolution and growth in the region’s insurance sector and with it the need for better corporate governance, says Mr Reza Nader-Sepahi of Nexus Group.
Healthcare insurance fraud is a reality that the industry has to grapple with. Insurers need to embrace technology to defend themselves against waste, abuse and fraud, says Mr Kiril Milev of Netcetera Middle East.
The IGI president says family values – instilled in him from a young age – form the bedrock of the company’s culture.
The trade credit takaful market has great potential for growth with the backing of stronger national regulatory frameworks, says Mr Oussama A Kaissi of Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).
Growth in the MENA region is expected to have been 1.7% in 2018 and to rise slightly to 1.9% in 2019, supported by improvements in both oil exporters and oil importers, said the World Bank in its ‘January 2019 Global Economic Prospects’...
Investments in MENA-based startups jumped by 31% in 2018 to $893m with 366 deals, according to data from UAE-based Magnitt, a leading data platform tracking the region’s startup ecosystem. The number of deals grew by 3% compared to 2017,...
Capacity for property reinsurance from regional reinsurers in the Middle East has been a major issue during the 1 January renewals, according to Willis Re in its 1st View renewals report.