Exit, pursued by a bear
General
Support for SMEs
Social unrest and terrorism outlook: Pandemic's aftermath sows seeds of unrest
Emerging distribution trends: Finding the right balance between traditional and new
View from India - India invites greater foreign investment in insurance
Life & health
A health and wellness benefits strategy for 2021 and beyond
Earning a place in the ecosystem
Oman
Sustaining success in tough times
Changing the face of solvency in the sultanate
A vision for the future
A challenging but satisfying year
Brace for tough times ahead
A regional leader
Reaching for sustainable growth
Morocco
Preserving resilience
Focus on economic growth areas and innovation
Small market, big opportunities
MENA
GCC economies to take several quarters to recover: S&P
Bahrain: Insurers prepare themselves to assume new role in investigating minor motor accidents
Egypt: Roll-out of universal healthcare scheme to be completed 5 years earlier
Egypt: Insurers to promote coverage to SMEs
Jordan: Parliamentary committee approves draft Bill aimed at updating insurance law
Jordan: 2021 Aqaba Conference Research Award to address remote working
Morocco: Sector studies measures to curb medium and long-term impact of pandemics
Qatar: Norway's sovereign fund invests in QLM
Saudi Arabia: Number of building contracting firms to shrink in wake of IDI rule
UAE: Central Bank commences operational procedures to execute IA merger
UAE: Hikes in motor premium rates expected in 2Q
Global
Above-average annual insured Nat CAT losses in 2020
COVID-19 made pandemic/health crisis 'top 10' risk
Lloyd's launches Futureset, a new global platform
Takaful
AAOIFI issues exposure draft to revise standard on presentation of financial statements of Islamic insurers
Algeria: Draft regulations for takaful adopted by govt
Bahrain: Takaful company expected to have maintained profitability in 2020
Ethiopia: Pioneer reinsurer signs MoU with Islamic advisory firm to strengthen sector
Jordan: Islamic Insurance Company sees profits soar in 2020
Saudi Arabia: ICIEC signs MoU with Poland's export credit agency
Product bites
People on the move
MARKET PROFILE - Oman
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INSURTECH
InsurTechs are innovating new and unique ways to improve the entire insurance value chain and help traditional insurers access new markets.
GLOBAL TAKAFUL
Bahrain’s CIBAFI stands as one of the most respected Islamic finance institutions in the world. Its activities are aimed at strengthening the sector and deepening shariah objectives in financial dealings and transactions. We caught up with its...
If the pandemic has done one thing, it has forced insurers and reinsurers in the Middle East to think about what their business will look like in two years or five years – and what they need to do today to make themselves...
Etihad Credit Insurance CEO Massimo Falcioni said the company has always considered SMEs vital to the progress of the economy. It remains keen to accelerate their growth and guarantee optimism in trade through robust trade credit solutions that help...
With the pandemic and a falling oil price adding to uncertainties, the prospects for political and social unrest in MENA are said by some to be increasing. Messrs Elie Bouchaaya and Rafic Abisaleh of Liberty Specialty Markets explore the reasons...
Combining new data and models with traditional risk management capabilities is the way forward to cater to the new-age customer, says Ms Phabiola Menon of RSA Middle East.
Listed insurers in Oman have achieved satisfactory results in the past year, demonstrating impressive resilience amidst the unprecedented COVID-19 crisis. The increase in profitability indicates the sound foundation of industry players; however,...
The Capital Market Authority, the regulator of both the insurance and capital markets in the Sultanate of Oman, has been busy during the pandemic keeping up with local, regional and international developments. The authority’s executive...
While the life and health insurance business offers plenty of opportunities for growth, there are considerable challenges that insurers should keep in mind as they create strategies for growth and innovation in 2021 and beyond.
Prudent strategic planning has supported Morocco’s national reinsurer Société Centrale de Réassurance (SCR) to achieve its goals and reinforce its position despite the pandemic crisis, says its CEO Youssef Fassi Fihri.
Brunei is one of the smaller markets in Asia Pacific, with a population base of under 450,000, but the insurance and takaful sector has adopted the use of technology in a serious way as Takaful Brunei’s Shahrildin Jaya told us.
The Bahrain Insurance Association (BIA) is currently working with insurance companies, the Central Bank of Bahrain (CBB) and the General Traffic Department to prepare for the implementation of a recent decision of the Minister of the Interior to...
President Abdel-Fattah El-Sisi has instructed that the implementation of the country’s comprehensive health insurance system nationwide is to be accelerated so that the scheme would be rolled out completely in 10 years instead of the...