Magazine

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

Jan 2023

Insurance


General

Aviation insurance in the Middle East

With air traffic in the region continuing to gather pace post-pandemic, attention has turned to attritional losses and rising claims costs, says McLarens Aviation’s Mr David Hitchen.
 

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Aviation risk: Managing post-COVID challenges

The post-pandemic pick-up in travel that has come after more than two years of low activity has introduced myriad new risks for airlines to deal with. United Insurance Brokers’ Mr Osama AlTajer discusses these risks and looks at how they can be managed and mitigated.
 

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View from India - Economic rebound bodes well for non-life

The Indian non-life insurance industry reported 15.34% growth in the first six months of the financial year 2022-2023, with gross premium underwritten rising to INR12.5tn ($15.2bn) from INR10.85tn in the same period of last year.
 

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Life & health

Lack of awareness challenges life insurers

Life insurance penetration is low in the Middle East compared to other regions due to a low awareness of such products. Middle East Insurance Review spoke to Zurich’s Mr Mufazzal Kajiji about what the industry needs to grow.
 

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View from India - Steady growth ahead for life insurance

The Indian life insurance industry is surging ahead with consistent and healthy growth based on latent potential and a supportive regulatory ecosystem. ICICI Prudential Life Insurance’s Mr Satyan Jambunathan shares his views.
 

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(Life) insurance and ESG - perspectives for the GCC

ESG compliance is fast becoming a critical aspect that insurers need to pay attention to but is usually discussed in the context of P&C insurance and losses stemming from Nat CAT events. Arthur D. Little’s Messrs Andreas Buelow and and Bohumil Hyanek look looks at what the need for ESG-compliance means for life insurers and takaful operators in the GCC.
 

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