Magazine
Insurance 2025 predictions
The global insurance and reinsurance market continues to face significant hurdles, driven by three primary risks: Climate change, geopolitical tensions and cyber attacks. These challenges are reshaping the industry, compelling insurers to adopt innovative solutions and adapt to evolving global dynamics, says Emirates Insurance Association’s Mr Fareed Lutfi.
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The biggest issues that may face the Egyptian insurance industry in 2025 are identified and analysed by GIG Egypt’s Mr Alaa El-Zoheiry.
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The Middle East insurance sector in 2025 will be defined by technological innovation, emerging risks and the urgency of climate resilience, says Liva Insurance Oman’s Ms Hanaa Al Hinai.
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The MENA region is presently at a crossroad with the prevailing geopolitical situation. Post the US elections, and whilst the risk of a prolonged regional war has increased, this has certainly put a dent in aspirations for a speedy recovery of our regional economies, says Trust Re’s Mr Yassir Albaharna.
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Looking to 2025 and beyond, United Insurance Brokers (DIFC)’s Mr George Kabban’s crystal ball offers some insights into the challenges the industry will face.
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