Mr David Cafferty of Kane LPI Solutions MENA takes a look at the implications of the Foreign Account Tax Compliance Act (FATCA), virtual currency and anti-money laundering for insurance executives and their compliance officers.
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The newly established Insurance Administration of Jordan gives an update on its responsibilities and the performance of the sector it is now supervising.
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Amid the global concerns over the Ebola virus, Middle East countries have significantly stepped up efforts to prevent the spread of the disease, which still has no known cure and vaccine. What are the implications for insurers?
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Mr Carlos Sabugueiro of specialty salvage seller Copart looks at how motor insurers and claims managers can maximise returns from their salvage portfolios.
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While the MENA region's growth as a hub for international transport and trade continues apace, despite the millions passing through these global centres daily, the insurance industry faces a constant challenge to attract skilled people and convince them to stay for the long term. Mr Derek Patterson of Crawford & Company reviews this issue in the context of challenges from an insurance claims handling perspective.
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Double-digit primary market growth and a perceived low exposure to natural perils are the main attractions which fuel the unabated inflow of reinsurance capacity to MENA markets. However, adverse global market trends make themselves increasingly felt in the region, argues Dr Kai-Uwe Schanz of Zurich-based consultancy Dr. Schanz, Alms & Company.
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