Region's resilience puts sector in good stead
The link to fostering regional growth
Climate change
Climate goals and the pandemic response
When Mother Nature raises a warning hand
CAT risk pooling effective in mitigating climate change-related risks
Multi-model approach protects balance sheets from climate volatility
Lebanon
In the midst of a fog
Pressure mounts on Lebanese market
The path to recovery
Adapting to new realities
Distribution
The rules of engagement
Talent
Finding, attracting, and developing senior leaders in insurance
COVID-19
Rethinking insurance cover during pandemics
Riding the storm
IFRS 17 and takaful - risk transfer or risk sharing?
MENA
MENA: Saudi insurers dominate list of listed insurers in the region
Middle East: COVID-19 will permanently change the way wealth managers deliver advice and serve clients
Outlook on GCC insurance markets revised to negative
Bahrain: BIBF to launch virtual platform
Egypt: Insurance sector grows by double digits in 1Q despite COVID-19
Egypt: Regulator suspends issuance of new broking licences
Egypt: World Bank provides $400m to boost universal health insurance system
Morocco: Falling stock prices and dividend moratorium expected to hit insurers' results
Morocco: Atlanta and Sanad to merge
Oman: OCCI proposes unified insurance policy for private education
Saudi Arabia: CCHI introduces more COVID-19 support measures
Turkey: Milli Re outlines opportunities in insurance market
UAE: Profits of foreign insurance branches grow faster than those of listed insurers in 2019
UAE firms fear spike in payment defaults as pandemic disrupts business
UAE: DIFC's reinsurance sector grows by 17% to nearly $2bn in 2019
UAE: Spate of fires expected to fuel reinsurance premium hikes
UAE: Financial inclusion rate stands at 85%
UAE: Strategic partnership introduces no-code technology to accelerate digitisation
Global
Growing risk of pharma supply chain disruption
Insurers expected to invest heavily in cryptocurrency insurance
Cyber losses soar, but firms spend more on security
Takaful
Egypt: Kuwait's Aman Takaful Insurance re-applies for licence
Malaysia: Etiqa launches takaful legacy plan for Maybank clients
Saudi Arabia: Gulf Union to take over Al-Ahlia
Saudi Arabia: SAMA rejects distribution of AXA Cooperative proposed cash dividend
Saudi Arabia: Bupa proposes to increase its stake in Bupa Arabia
UAE: Watania launches online underwriting portal
UAE: Two agencies team up to back exports through Islamic trade credit insurance
Product Bites
People on the move
COUNTRY PROFILE - Lebanon
Buy Now
COVER STORY - Climate change
Mr Lukas Müller of Swiss Re talks about the pandemic and its implications on sustainability.
FEATURE - Distribution
In light of changing customer preferences, regulations and technological advancements, insurers that are able to seize new opportunities quickly and deepen their understanding in how to engage and reach their customers through an effective...
How’s business? Most want to say quickly: “It’s getting back to almost normal”. Some are optimistic, counting on the resilience of the marketplace, yet others fear disruption with many clients going bust and debts rising.
The Middle East region as a whole is very resilient and this will reflect on the regional insurance marketplace in the medium term, says Marsh Middle East & Africa CEO Christos Adamantiadis.
Brokerslink Middle East GM Osama Abu Ghazaleh talks about his strategy in strengthening the global brokerage’s footprint in the region and the broker’s role after the pandemic.
The COVID-19 pandemic presents a unique opportunity for countries to embed their climate ambitions in the heart of their recovery plans.
Economically beneficial CAT risk pooling requires an adequate diversification of CAT risks within a particular insurance pool, both in terms of geographies and perils, says Mr Andreas Bollmann of Faber Consulting.
The outbreak of COVID-19 has dealt a heavy blow to Lebanon’s socioeconomic conditions, further aggravating its fiscal and economic crisis. The insurance industry is already footing a hefty bill and heading towards a phase of volatility which...
Growth of the insurance market in Lebanon saw a setback in 2019 as a result of the deteriorating economic conditions with uncertainty marking the outlook for the coming period.
GlobeMed Group vice president – business development, actuarial & data sciences Ziad Kharma explains how the sector is struggling with the fallout from COVID-19 and what insurers can do to sustain their business.
Ms Pamela Thomson-Hall of Willis Towers Watson believes that tackling the talent gap starts with understanding what the next generation wants – a purpose-driven career, greater flexibility and a broader benefits package.
Insurance plays a crucial role in times of crisis. Health insurance lessens the cost burden of the ill and the injured. Life insurance offers financial relief to the dependents of the deceased and non-life insurance helps affected organisations...
Early indicators suggest that the first five months of the year have resulted in significantly improving loss ratios for the insurance industry. But as businesses resume operations, insurers have to brace for the medium- to long-term impact of the...
The discussion within the accounting fraternity in Malaysia as to the accounting treatment of takaful under IFRS 17 is ongoing. But given the practical challenges of implementation under COVID-19 conditions, the sector needs to resolve these issues...
The total market capitalisation of the top 20 publicly listed insurers in the MENA region amounted to about $11.6bn.
COVID-19 will fundamentally change the way the wealth management industry in the Middle East operates, according to a new report released by Oliver Wyman and Morgan Stanley.
AM Best has revised its outlook on the GCC insurance markets to negative from stable, citing the economic downturn across the region and an expected lower insurance demand as the two main drivers behind the decision.