Magazine

Oct 2020

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

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

Cyber market tipped to grow exponentially

COVER STORY - Cyber Risks

The COVID-19 pandemic has driven the demand for cyber insurance worldwide, with the global market size expected to triple to $20bn by 2025.
 

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Overcoming a dual shock

COUNTRY PROFILE - Saudi Arabia

The impact of the coronavirus and the oil price plunge has been significant on the economies in the region; however, the Saudi insurance market has shown resilience in the first half of the year, with expectations that 2020 will end on a high note.

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A resilient response to reputational risk

FEATURE - COVID-19

The COVID-19 crisis has brought forth an unprecedented level of reputational threat which insurers must meet with a measured response.


All Stories

  • Magazine article aboutEditor-s-Message

    Editor's Message

    How quickly October has come with all its wild cherries despite global geopolitical uncertainties, cheaper oil prices, and the global economy in bad shape.

Interview

  • Magazine article aboutLeading-with-innovation

    Leading with innovation

    Sehteq co-founder Saif Aljaibeji talks about driving digital innovation to boost health insurance and meet increasing consumer demand.

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Cover Story

Cyber Risks

Country Profile

Saudi Arabia

  • Magazine article aboutOvercoming-a-dual-shock

    Overcoming a dual shock

    The impact of the coronavirus and the oil price plunge has been significant on the economies in the region; however, the Saudi insurance market has shown resilience in the first half of the year, with expectations that 2020 will end on a high note.

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  • Nurturing growth on home ground

    The pandemic has not deterred Saudi Re from registering growth in 1H2020 – proving that the local market remains full of potential, says its managing director and CEO Fahad Al Hesni.

  • Passion for people

    Bupa Arabia is characterised by a work environment that stimulates innovation and productivity. It is considered one of the leading companies that champions women in the workforce and the Saudisation policy. The company’s chief HR officer...

Feature

COVID-19

Reinsurance

  • The end of an era

    The decision to place Arab Insurance Group in run-off paints a bleak picture of the Arab (re)insurance sector, with far-reaching consequences that should not be taken lightly.

IFRS 17

  • IFRS 17 a game changer

    There is a renewed focus to enhance risk management of insurance in the Middle East. The implementation of IFRS 17 couldn’t be a more timely move to bring more transparency and increase accounting consistency across the sector, says Dr Alok...

Insights

Claims

  • Magazine article aboutBeirut-explosion-Claims-considerations

    Beirut explosion: Claims considerations

    Mr Graham Purdon of Concordia Consultancy discusses the insurance and reinsurance implications of the tragic explosion that took place in the port area of the city of Beirut, Lebanon.

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  • BI: Managing large and complex losses

    The pandemic has revealed how business interruption (BI) claims are not always straightforward. Mr Daniel Thorpe of MDD Forensic Accountants highlights some key areas to consider in managing a BI claim successfully.

Takaful Feature

News

MENA

Product Bites

Diary

People on the move