Magazine Table of Contents
The grounding of an ultra large container ship – the Ever Given – in the Suez Canal brought traffic on the central shipping route between Europe and Asia to a standstill, lasting six days and costing an estimated $1bn in losses.
There are signs that significant changes are afoot in the litigation environment in the Middle East – and this could have an impact on the directors and officers insurance market, says Ms Nicky Stokes of New Dawn Risk.
Mr Tom Bicknell of Pinsent Masons discusses some of the regulations that currently exist and new ones that may need to be developed to ensure the region's bancassurance market remains buoyant and in line with global industry developments.
Increasing awareness of insurance and regulatory developments are unleashing the potential of the bancassurance model, says Ms Aarti Khurana of Union Insurance Company.
Mr Zuhair Abulqasim of Trust Re discusses the different faces of terrorism and how terrorism coverage has evolved as a result.
Life & health
The life insurance market has immense opportunities for growth in the wake of COVID-19, but continuous improvement in regulation, solutions and services is crucial to develop the industry better, says Zurich Middle East CEO Walter Jopp.
Health insurance plans need to be more holistic to cater to the post-COVID-19 needs of employers and employees, says Aetna International CEO EMEA David Healy.
Financial attitudes and preparedness among families in the UAE reveal shifts in the customer mindset and protection gaps they are facing, says MetLife Gulf.