Middle East Insurance Review > Magazine

Insurance regulator gets tough on violations

Insurers in Abu Dhabi and Dubai are under greater scrutiny for their compliance with regulations. Laws have also been updated to keep up with emerging developments and opportunities in the industry.

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Room for improvement in health

Health insurance in the UAE serves Emiratis and expatriates well. The pandemic has kindled a new interest in healthcare and insurance in the market. It is now up to the industry to exploit the latent potential. Middle East Insurance Review spoke with New India Assurance Abu Dhabi’s Mr A Mohan about the current state of affairs and what can be done better.

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Consumer behaviour guides life insurers

The combination of the pandemic, digitalisation and the shift in consumer behaviour is creating a new ecosystem for the UAE life insurance market. Middle East Insurance Review spoke with Zurich International Life’s Mr Mufazzal Kajiji for insights.

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Market calls for national reinsurer

The UAE insurance sector, the largest in the Arab world, has the necessary elements to establish a major reinsurance company with a subscribed capital of at least AED6bn. We spoke to some experts about how a national reinsurer would aid market development.

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Economic revival will drive non-life segment

Dubai’s non-life insurance industry is expected to revive from the rebound in the economy, renewed business confidence and a growing and more affluent population.

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Flourishing InsurTech market unlikely to slow down

Over the last few years, the number of InsurTechs in the UAE has grown substantially. And while it is still early days for the sector, including on the regulatory front, there are a few reasons to be optimistic about future prospects. We spoke to Hala Insurance’s Mr Walid Daniel Dib to get his insights.

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Magazine

Nov 2022

Magazine Table of Contents

Market Profile

Abu Dhabi and Dubai

Top three UAE insurers roar ahead