Reinsurance

A regional reinsurance hub in the making

In the last issue of MEIR, we looked at the MENA region’s efforts to develop a reinsurance hub of its own as, in the last couple of years, the reinsurance sector has seen some significant changes as around 15 firms withdrew from the market. This month we look in more detail at the DIFC and talk to Mr Arif Amiri – and also talk to a new reinsurance entrant to the financial centre.

Registrations for SIRC 2022 take off

With the ‘early bird’ rate for booking places at this years’ SIRC closing at the end of August, registrations continue apace for the most important event in the APAC reinsurance calendar.

Lebanon: Consolidation crucial to overcoming challenges

The insurance industry in Lebanon is going through challenging times with players facing difficulties with the business environment and reinsurers cutting capacity and/or redeploying it to other more stable markets. LIA Assurex Insurance’s Mr Labib Nasr sheds some light on the challenges direct players experience when it comes to ceding business to reinsurers and how M&A can help overcome them.

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