From Editor-in-Chief
Kuwait Re: Fac's the way
Catlin Re seeks strong partnership in the region
Endurance: Looking for a win-win situation
Qatar Financial Centre: Providing absolute certainty
Takaful Emarat: Walking the talk
Bancassurance: A bankable channel
Bancassurance: "Open sesame" for bancassurance
Bancassurance: A bancassurance view on Egypt
Waiting in the wings
Still treading water
Interview with Regulator: Regulator sets stage for dynamic market
Gulf Insurance: Creating a regional brand
Kuwait Insurance: Carrying the torch
Warba Insurance: A guarded optimism
Wethaq Takaful: Meeting the demand for takaful
Zurich: Targetting the under-served
MetLife Alico: Building on an established presence
Reinsurance in MENA - Potential awaits Asian carriers
Commutation - an accelerated runoff for mutual benefit
Liability: Cyber risk: How safe is your company's data?
ERM - Because it's worth it
Family Takaful: Retirement Products: Is there a unique takaful proposition?
Social Media: Going social, thinking digital
Malaysia - Racing Ahead
Building the industry's knowledge base
MENA & GCC: GAIF mulls over regional rating body
MENA & GCC: IMF lowers MENA growth forecast to 3.1% on oil output, political change
MENA & GCC: EMEA businesses struggling to protect value chains - study
MENA & GCC: Coface maintains stable risk ratings for GCC countries
Bahrain: Arig's 1Q premiums up 3% to US$165 mln
Bahrain: BKIC posts US$2.4 mln net profit in 1Q
Bahrain: BNH's net profit jumps 50% in 1Q
Egypt: AMIG's investments grow 27% to US$57 mln in 9M
Oman: Dhofar Insurance's 1Q profit up 9% to US$4.1 mln
Oman: Risk Management Services starts broking operations in India
Qatar to mandate universal health coverage
Qatar: QIC boosts capital to US$352 mln
US development agency to support private sector investment in South Sudan
EU eases Syria sanctions
UAE insurance to grow despite economic slowdown - A.M. Best
UAE: New law to promote Abu Dhabi as global marketplace
Retirement plans of UAE-based NRIs inadequate - Standard Life
UAE: ADNIC's premiums hit US$203 mln in 1Q
Investor confidence higher in UAE than Hong Kong and Singapore - FPI
UAE: EIC's net profit flat in 1Q
UAE: Insurance House reports 15% growth in 1Q net profit
Zurich and HSBC Middle East sign 10-year exclusive distribution deal
UAE: Daman launches SMS service for members
UAE: Nexus launches insurance comparison site
Earthquakes in China and Iran dominate April CAT losses
MENA takaful operators incur higher administrative costs - survey
Bahrain Shariah advisor partners with training provider
Egypt's treasury hails Al-Azhar's nod to Islamic bonds bill
Tokio Marine acquires remaining stake in Egyptian units
Kenya: Takaful Insurance looks to expand in Africa
Takaful Malaysia profit up 31% to US$33 mln in 2012
Malaysia: Takaful Ikhlas to boost family business
Nigeria: Insurance Commission releases takaful guidelines
Niger Insurance launches takaful policy
Pakistan regulator sets up Shariah advisory board
Oman: INCEIF partners with Bank Nizwa on training
Saudi Arabia: ACE Arabia's 1Q profit increases 15%
UK: Shariah-compliant underwriter sets up at Lloyd's
UAE: Abu Dhabi National Takaful sees net profit increase in 1Q
ICIEC offers protection against sukuk default
HSBC to focus on region's infrastructure finance and Islamic capital markets
Sukuk issuance up 21.5% in 1Q
Core principles at the fore at IAIS seminar
Gulf Re turns five
Diary of events
People on the move
Although bancassurance has been consistently in the spotlight, its full potential has yet to be realised. But in the current market conditions with better regulations, banks and insurers will step up the rush for the golden egg.
Buy Now
The huge potential in bancassurance can only be realised by life companies and banks if they manage the distribution effectively and educate people on the benefits of life products, says Mr James Tan of Friends Provident International.
The suspension of licences of bancassurance, which in less than 10 years has captured a third of the market, has stalled growth despite regulatory measures to lift the life business, says Mr Mike Newton of Commercial International Life.