Read the latest edition of AIR and MEIR as an Interactive e-book

Aug 2022



Development of event cancellation insurance in the Middle East

COVID-19 has put a spotlight on the potential losses that stem from event cancellation. In the Middle East, this was particularly noticed when Expo 2020 had to be postponed for a year. Arab Loss Adjusters’ Mr Naeim Mosleh looks at the state of event cancellation insurance in the region.

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Decennial liability and inherent defects insurance in Saudi Arabia

Saudi Arabia is undergoing significant transformation in line with its Vision 2030 framework. HFW’s Messrs John Barlow and Justin Whelan look at how decennial liability and inherent defects insurance fits into all this.

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Life & health

ESG guide for life and health insurers

The UN’s Principles for Sustainable Insurance Initiative last year commenced work on understanding the risk management and insurance challenges and opportunities within the life and health industry. The focus was on a post-COVID world increasingly impacted by climate change, nature loss, pollution and growing social inequality. The result is the first ever ESG guide for the global life and health insurance industry and should be required reading for every life and health insurer in the MENA region.

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Uncertainty over mandatory health insurance requirements

Qatar has recently imposed a new law requiring mandatory health insurance for all residents and visitors to the country. However, details that set out the terms and conditions of the insurance policies and contractual arrangements under this law have not been released. Middle East Insurance Review spoke with Dentons’ Ms Joelle Salame about how the requirements might be implemented.

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Becoming a long-term health partner

With the acquisition of Aetna International’s health insurance portfolio, including in the Middle East and Africa, Allianz Partners’ goal is to become an even more attractive long-term health partner in line with the company’s plans to enlarge its footprint in the region, says Ms Paula Covey.

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Can insurers help Indians plan for their retirement?

Indians consider retirement planning a priority but it does not figure anywhere near the top of the list. Insurers need to give up their traditional one-size-fits-all approach and develop the retirement solutions they offer in line with their evolving consumers to make their offerings more complete and appealing.

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