Banca to support the holistic needs of consumers
The bancassurance model must evolve to ride the next big wave as consumers’ financial needs become increasingly complex, says MetLife Gulf head of bancassurance and direct to consumer Apostolos Ailamakis.
New era for employee benefits
The roll-out of DEWS, a workplace savings scheme for expatriates in the DIFC, signifies the dawn of a new era for end-of-service gratuity in the UAE, says Zurich Workplace Solutions senior executive officer Reena Vivek.
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Top of the agenda: Reinsurance capacity, healthcare, IFRS 17 and tech
Reinsurance capacity was the top concern among CEOs in the region, said honchos who converged at a roundtable in Dubai organised by Middle East Insurance Review. Other critical issues discussed include competition in the healthcare space,...
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Insurance predictions
We ask some industry professionals what they think is in store for the sector this year.
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The changing geopolitics of the GCC
Mr Anthony Harris of RFIB Middle East discusses how geopolitical shifts in the GCC will impact the insurance market in 2020.
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A growth region
Sluggish economic activity has dented the growth of GWP in the GCC over the last couple of years. Nonetheless, the insurance industry continues to make headways in several areas, including regulations and digital transformation.
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Public pensions ripe for change
There is increasing pressure on the existing public pension systems in the GCC – at a time when government coffers are already under strain. Mr Yassir Albaharna of FAIR discusses viable options governments can consider to overhaul the existing...
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The impetus of life
Growth prospects of the two biggest life markets in MENA – the UAE and Morocco – remain bright with the recent rolling out of new regulatory initiatives that are likely to improve industry confidence and boost premium income. As these...

Building resilience: How to line up your defences
The energy sector is especially vulnerable to cyber attacks in today’s hyper-connected world. Organisations need to strengthen their cyber resilience and response framework to prepare against such risks, says Mr Kevin Richards of Marsh.
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Energy market: Future risks and claims
Traditional energy policies are no longer adequate with the changing risk profiles of energy companies as they rely more and more on technology, says Ms Ruby Modare of Ince.
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New regulations on medical malpractice claims
The UAE’s new regulation on medical liability aims to define the liability of medical professionals in greater detail, alongside the development of the process for claims for medical malpractice. Mr Barry Greenberg and Ms Emy Eckly of BSA...
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Bright prospects for general takaful in Malaysia
General takaful has more room for growth with effective branding and awareness building, say Messrs Zainudin Ishak of Malaysian Re and Henner Alms of Dr. Schanz, Alms & Company, based on the latest findings in the recently published Malaysian...
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MENA: Insurance supervisors urged to improve regulatory standards
Challenges faced by the insurance sector in the MENA region occupied the agenda at the 4th Conference of the Federation of Arab Insurance Supervisors (AUIRC) in Marrakech, organised by Morocco’s Insurance and Social Insurance Supervisory...
MENA: Instability and violence remain main risks to economic outlook
Instability and violence across MENA are still the main risks to the regional economic outlook, said Aon in its December 2019 Political Risk Newsletter. War is continuing to rage in Yemen and the situation remains tense in Syria, taking a toll on...
GCC: Better collaboration between regulators and industry players to boost insurance
Regulators across the GCC are increasingly collaborating with insurers to educate consumers on protection and risk-mitigating insurance offerings to make a positive impact on the development of the industry, said Alpen Capital (ME), a...