Magazine

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

Mar 2007

Country Profile


Country Profile - UAE Domestic Market: Primed for Reform and Growth

This article spotlights the domestic insurance market of the Emirates, which has the largest number of insurance companies in the GCC and is seeing powerful growth with premiums increasing at a robust rate of 20% a year. Forecasts are that by 2010, total premiums will have more than doubled their current level of US$2 billion.

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Country Profile - Interview with Regulator: UAE - Regulatory Changes in Pipeline for Domestic Sector

In an exclusive interview with Mr Osama Noor, MiddleEast Insurance Review Journalist, Ms Fatima Mohammed Ishaq, Head of Insurance Companies Section, Ministry of Economy, talks about the impending changes on the domestic insurance horizon.

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Country Profile - EIA: A Force for Change in UAE Insurance

The Emirates Insurance Association (EIA) is responsive to the needs of the domestic insurance sector in the UAE, as evidenced by the seminars, training courses and input provided to the government on insurance regulations and issues. Mr Fareed Lutfi, EIA Secretary General, tells MiddleEast Insurance Review's journalist, Mr Osama Noor, about the work and aspirations of the Association.

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Country Profile - Al Sagr National Insurance Company: Focus on Loss Prevention

Dubai-based Al Sagr National Insurance Company (Al Sagr) believes that loss prevention is of paramount importance in the insurance business, rather than loss settlement.

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Country Profile - 10-year-old Awnic Sees Annual Premiums Cross AED125m Mark

It was a Thursday - the day of the week employees leave their neckties at home and don casual wear to the office - when Mr Osama Noor, MiddleEast Insurance Review's Mena journalist, paid a call at Al Wathba National Insurance Company (Awnic). The staff, including the company's general manager, Mr Bassam Adib Chilmeran, were in informal attire - an outward sign of the youthful company's policy to keep in pace with modern personnel administration and management techniques.

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Country Profile - Daman: The National Health Insurance Company

Abu Dhabi-based Daman was established in September 2005 as the first specialised health insurance company in the UAE. It was formed in response to a government decree in Abu Dhabi to make health insurance compulsory in the emirate for expatriate employees.

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Country Profile - Conventional Broking: Homegrown Broker Sets Sights Beyond the Emirates

Mr Hassan Mujtaba, the self-made CEO of Al Wasl Insurance Broker Company, propels the Dubai-bred brokerage onto the international arena in a short space of four years. He tells MiddleEast Insurance Review journalist, Mr Osama Noor, what drives the company and the goals he envisions for it.

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