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Oct 2015

Middle East News



MENA: Saudi Arabia & UAE offer most opportunity in region - Aon Benfield


MENA: Many countries to be water-stressed in 2040


Middle East: Man-made and natural threats could cost the region US$$367 bln - Lloyd's


Middle East: Fenchurch Faris appointed Lloyd's coverholder


Bahrain: Arig's reports 32% rise in profits to US$6 mln in 1H


Bahrain: Trust Re's 1H net profits jump by 180% to US$32 mln in 1H


Kuwait Insurance Co sees 1H profit increase 31% to US$15 mln


Kuwait: Positive growth expected for insurance market - BMI


Kuwait: Al Ahleia's takeover of Kuwait Re to have negative impact - Moody's


Lebanon: Bankers Assurance posts 24% fall in 2014 net profits to US$8 mln


Oman: Retentions improve in 2014


Oman: Insurers expect wave of claims after heavy rains


Palestine: Insurance Federation calls for action against unregistered vehicles


Qatar: Central Bank extends deadline by 6 months to comply with insurance rules


Qatar: Finance academy works with insurers to develop talent


Syria: Insurance sector sees 1H losses of nearly US$1 mln


Syria: Arab Union Re to cover transport risks


Turkey: Insurers' work hampered by violence


Turkey: Govt consolidates outsourcing rules for insurance companies


Turkey: CAT pool issues second quake bond


UAE: DIFC Insurance Association attracts 31 members


UAE: Insurers get one more year to separate life and non-life businesses


UAE: Two thirds of listed insurers post profits in 1H


UAE: Experts lined up for Dubai Rendezvous


UAE: 6 in 10 residents lack home insurance in Dubai


UAE: AWNIC acquires Vision Capital Brokerage