Magazine

Jun 2019

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

Time to shift course

COUNTRY PROFILE - Jordan

Jordan’s insurance sector is paying a hefty price for the tough economic conditions the country has been facing over the past few years. However, the challenging status quo could push insurers to find better means and be more innovative in order to grow their business.
 


Demand to increase as risks become more complex

COVER STORY - Trade Credit & Political Risk

Against the bleak geopolitical and economic environment lie bright prospects for specialists of trade credit & political risk insurance as businesses find a growing need to protect and secure themselves against adverse political and commercial...

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GCC takaful still lagging

TAKAFUL

The GCC listed takaful operators delivered a below-par performance last year, largely due to a slowdown in Saudi Arabia, indicating that the industry urgently needs to address market challenges while developing a clear and effective strategy to...

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All Stories

  • Magazine article aboutEditor-s-Message

    Editor's Message

    As business winds down for Eid and the summer break, we bring you a bumper issue with a burst of stories dancing like daffodils in the wind every which way, including an interview with Brian Duperreault, easily the biggest star in the insurance...

Cover Story

Trade Credit & Political Risk

  • Magazine article aboutDemand-to-increase-as-risks-become-more-complex

    Demand to increase as risks become more complex

    Against the bleak geopolitical and economic environment lie bright prospects for specialists of trade credit & political risk insurance as businesses find a growing need to protect and secure themselves against adverse political and commercial...

    Buy Now

Country Profile

Jordan

  • Magazine article aboutTime-to-shift-course

    Time to shift course

    Jordan’s insurance sector is paying a hefty price for the tough economic conditions the country has been facing over the past few years. However, the challenging status quo could push insurers to find better means and be more innovative in...

  • Fruitful term ahead for the sector

    The Jordan Insurance Federation (JIF) foresees a rewarding stage ahead with a new insurance law in the making and the sector’s regulatory tasks to be transferred to the Central Bank of Jordan. Mr Majed Smairat, newly re-elected chairman of the...

Insights

Healthcare

News

MENA

People on the move

Diary

Feature

Motor

  • Magazine article aboutThe-road-ahead-for-autonomous-vehicles-in-the-UAE

    The road ahead for autonomous vehicles in the UAE

    While many innovations are met with a certain degree of uncertainty and scepticism, autonomous vehicle technology brings more long-term benefits than potential drawbacks, says Mr Ravi Suri of KPMG Lower Gulf.

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  • Telematics gains foothold in MENA

    Insurers in the region are gradually becoming more receptive to IoT and telematics solutions, which would help increase the efficiency and enhance the perception of insurance in society, says Mr Geoffrey Farrugia, CEO of Aktuaris.

Pensions

  • Overhaul of old systems for the new generation

    The region’s pension systems have recently come under scrutiny as the global trend of underfunded state schemes is threatening to impact Arab countries sooner rather than later. But change is underway with the UAE leading the charge.

Market Profile

Africa

Takaful

  • Magazine article aboutGCC-takaful-still-lagging

    GCC takaful still lagging

    The GCC listed takaful operators delivered a below-par performance last year, largely due to a slowdown in Saudi Arabia, indicating that the industry urgently needs to address market challenges while developing a clear and effective strategy to...

    Buy Now

Interview

  • Magazine article aboutAll-In-Good-Hands

    All In Good Hands

    Under the leadership of CEO Brian Duperreault, AIG has shown signs of improvement in the first quarter of 2019, with its flagship general insurance unit posting its first underwriting profit since the financial crisis. Now into his third year at the...

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  • Pushing the GAIF agenda forward

    Mr Chakib Abouzaid will assume his role as secretary general of the General Arab Insurance Federation (GAIF) in early July, succeeding Mr Abdul Khaliq R Khalil who held the position for almost two decades. Middle East Insurance Review catches up...

  • AROPE stands strong in challenging market

    AROPE chairman and CEO Fateh Bekdache provides an insight into the realities of operating in the Lebanese insurance market and talks about the company’s plans to offer new solutions, optimise customer experience and gain a competitive edge...

Technology

  • Magazine article aboutAI-in-insurance-Balancing-the-promise-with-ethical-dilemmas

    AI in insurance: Balancing the promise with ethical dilemmas

    AI and its applications promise to make insurance more relevant, appealing and affordable to customers. But challenges such as discrimination and the abuse of personal data need to be acknowledged by even the most vocal proponents of AI. Proactively...

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  • Running the digital race

    Insurance intermediary Oasis Insurance Group has unveiled its new e-commerce platform focused on the UAE market. Its managing director Sridhar Subbaraman tells Middle East Insurance Review why digital distribution is the way to go.