Whether the hardening currently taking place in the reinsurance market is a temporary phenomenon or whether this trend will continue in light of new developments and challenges is a question dominating the 28th FAIR Conference which was officially opened yesterday. The theme of the conference is "Will the hardening of the reinsurance markets last?"
Abu Dhabi will be hosting the 28th Conference and General Assembly of the Federation of Afro-Asian Insurance and Reinsurance (FAIR) from 19 to 22 November 2023. This will be the first time that FAIR is staging the conference in the UAE.
The 3rd FAIR Reinsurance Forum, hosted by Milli Re, held on 22-23 September 2022 under the theme of "Impact of Rising Inflation and Resilience of the Re/Insurance Industry", attracted 300 participants.
The Federation of Afro-Asian Insurers and Reinsurers (FAIR) has started building an electronic database on the markets represented by its members, including statistics, legislation and regulation, with the aim of sharing information among members that currently number around 200 from 52 countries.
The Federation of Afro-Asian Insurers and Reinsurers (FAIR) has appointed Mr Mo'men Mukhtar as its 7th secretary-general for a four-year term effective this month.
The General Arab Insurance Federation (GAIF) will hold its eighth virtual seminar on 28 October to address developments in the Arab world and beyond that could affect 2022 reinsurance renewals.
Mr Alaa El-Zoheiry, chairman of the Insurance Federation of Egypt and managing director of the insurer gig-Egypt, has assumed the presidency of the Federation of Afro-Asian Insurers and Reinsurers (FAIR).
The 3rd Sharm El-Sheikh Rendezvous will be held jointly with the 27th Conference of the Afro-Asian Insurance & Reinsurance Federation (FAIR) in September.
Economies in the region are starting to show signs of real growth on the back of recovering global commodity prices and insurers are looking for new ways to take advantage of the renewed economic growth and the opportunities arising from it, said FAIR secretary general Dr Adel Mounir during the opening ceremony of the 26th Federation of Afro-Asian Insurers & Reinsurers (FAIR) conference in Marrakech yesterday.
The Federation of Afro Asian Insurers and Reinsurers (FAIR) plans to establish an academy for training and education, and issue certificates to the trainees who graduate from the training courses, Mr Adel Mounir, the secretary general of the organisation has said.