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

Mar 2024


SIRC Connect

Innovating insurance for a resilient future

Amidst the escalating frequency and severity of natural disasters impacting Asian communities, traditional insurance models are increasingly being challenged, says Risk Lighthouse’s Mr Joey Zhou.

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Public-private partnerships can mitigate climate impact

Policymakers agreed to establish a fund that would help compensate vulnerable countries coping with loss and damage caused by climate change during COP28 in November and December 2023. According to MNK Re DIFC’s Mr Mario Nahas, reinsurers can also make an impact through schemes that combine private sector finance with government funding. Middle East Insurance Review spoke with him.

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Further cooperation between Arab markets must be promoted

The Arab region is facing risks beyond the capabilities of (re)insurance companies alone. Oman Re’s Mr Khaled Nouiri believes the Arab markets must collaborate and establish (re)insurance pools to meet protection needs.

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