Africa's reinsurance potential a big draw
AIG MEA regional president Steven Barnett outlines the company’s plans to expand its footprint in Africa, seeking out opportunities amidst the projected growth and development of the continent.
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Scale for competitive advantage
Consolidation in the increasingly competitive medical insurance market is essential to curtail rising healthcare costs, says Neuron CEO & board member Umair Nizami.
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Choppy seas or smooth sailing ahead?
While shipping losses in 2018 have declined to the lowest total in this century, political risk is a growing threat to the maritime industry amid rising tensions.
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Cargo integrity: A unified approach
TT Club, along with others in the cargo handling and container transport industry, is spearheading a campaign to raise awareness of safety risk in the global supply chain. Mr Julien Horn of TTMS (Gulf), the Middle East network partner of TT Club,...
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Still thriving despite losing some of its shine
Bahrain’s insurance market continues to thrive and remains the domicile of choice for a number of foreign operations despite being hampered by the lack of innovation and slightly antiquated regulations, says Mr Salman Siddiqui of AM Best.
Room for growth for family takaful operators
Family takaful operators in Bahrain should focus on generating economies of scale to ensure effective delivery of their products and services, says Mr Nader Al Mandeel of Medgulf Takaful.
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Handing over the reins
Hannover ReTakaful managing director Mahomed Akoob reminisces about the development and milestones of the takaful and retakaful sector in Bahrain to mark his swansong after helming the company for over a decade.
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Is Dubai's regional hub status at risk?
For the first time in DIFC’s 15-year history, morere/insurance entities are leaving the centre than moving in, raising questions about its attractiveness and also serving as a wakeup call for the regulator to evaluate its existing business...

Prepare for take-off
After a decade of navigating tough market conditions, the aviation insurance and reinsurance industry is expected to return to a positive cycle as premium rates head north, says Mr Lorenzo Signor of Oman Insurance Company.
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Managing fraud: A claims perspective
Mr Rahul Gupta of RGA Middle East calls for better cross-team collaboration to strengthen risk-management practices and fight the rise of fraudulent claims.
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Insurers can use goals-based investing to help clients
Insurers and asset managers need to understandinvestor behaviour to help their clients achieve goals-based investing instead of following the conventional approach of tracking an investment plan’s progress, says Mr John Astrup of Zurich...
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Elements to close protection gap in place: AIO Conference
Low insurance penetration remains one of Africa’s major pull as it denotes the huge potential ahead for insurers in the continent, said speakers at the recent AIO Conference.
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London ready, willing and open for business
The London market has the necessary financial, regulatory and legal expertise to develop into a thriving hub for takaful. But the industry needs to step up its effort to communicate the availability of the capacity and its ability to match...
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Health microinsurance: The state of the art
“Healthcare for all at affordable prices” – this slogan could have been the subtitle of David M Dror’s most recent book ‘Financing Micro Health Insurance - Theory, Methods, and Evidence’, as its message paves the...
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MENA: Terrorism risks decline, but remain complex
Terrorism risks across the MENA region have decreased in line with the collapse of Islamic State (IS). However, risks persist in the energy sector, particularly oil and natural gas facilities, said Marsh in its ‘2019 Terrorism Risk Insurance...
Middle East: London market widens list of waters deemed as high risk for shipping
London’s marine insurance market has widened the list of areas deemed high risk to include waters off Oman, the UAE and the Persian Gulf after ship attacks off Fujairah, in a move that could push up premiums, reported Reuters.
MENA: Regional growth to reach 3% per year in 2020-21
Regional growth in the MENA region is projected to pick up to around 3% per annum in 2020-21, supported by capital investment and policy reforms, said the World Bank in its report ‘Global Economic Prospects: Heightened Tensions, Subdued...