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Are MGAs growth engines for MENA?

The MGA concept is gaining recognition as a rewarding business model in the Middle East as evidenced by the increase in the number licenced in the past few years. A roundtable with the theme ‘The MGAs – Catalyst for Growth and Innovation’, was held as part of the Dubai World Insurance Congress in May and threw some much-needed light on the development of this niche in the region.

The rising threat of cyber incidents and the importance of cyber insurance

Businesses worldwide are increasingly contending with cyber threats, which have emerged as one of the most substantial risks in the modern digital landscape. The World Economic Forum’s Global Cybersecurity Outlook for this year reveals a 30% reduction in the number of organisations maintaining minimum viable cyber resilience. In the Middle East, cyber attacks have been identified as the second most pressing risk, as highlighted in a report by Clyde & Co., says ACE Gallagher Holding’s Ms Yolla El-Khoury.

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Heatwaves pose a challenge for insurers

Heatwaves in India are causing untold misery and distress for the large Indian population. What do these rising temperatures imply for Indian insurers? Can they emerge unsinged? Middle East Insurance Review takes a look.

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Latest D&O trends across the MENA region

With a growing emphasis on corporate governance across the MENA region and the expansion of directors’ and officers’ liability insurance providers in the DIFC, management liability insurance continues to be on the rise, says VIVA Insurance Brokers’ Mr Alexander Blom.

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New risks looming in MENA

The MENA region is facing new risks related to climate change and technological developments. Insurers should develop tools and build reliable relations with other stakeholders as part of their strategies to deal with emerging risks, said speakers at a symposium held in Jordan last month.

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Life & health

Emerging challenges for TPAs

Health insurance in the Middle East is changing with emerging technologies and new drugs. Middle East Insurance Review spoke to Nas Neuron’s Mr Imran Ahmad for insights.

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Life and health go their separate ways

The life and health segment have been historically tied together in the MENA region but now each is taking off as a standalone line of business. Algerian Gulf Life’s Mr Meslouh Ammar gives us his perspective on how health insurance can play a more significant role in developing life insurance in the region.

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Magazine

Aug 2024

Magazine Table of Contents

Insurance

General

Are MGAs growth engines for MENA?