From Editor-in-Chief
GTG: Taking takaful to the next level
Libya: Insurers expect brighter future
Bancatakaful - Crucial to satisfy the needs of customers
C&E: Beware the sting in the tail!
C&E: Construction in a changing environment
C&E: Insuring architects and engineers
Call for code of conduct to guide players
Interview with regulator: Guidance for a leading market
Aviation: Aircraft technology: what does the future hold?
Aviation: Risk management in the Middle East business aviation market
Actuarial issues: A case for accurate reserving
Takaful: Product integrity and takaful reputation risk
Shariah speaks: To tell or not to tell?
Strategic global view: Global insurance: How to address risk and uncertainty in the post-crisis world
Book review - Asbestos - The Future Risk
Iraq: Ready for take-off
Iraq: After the fire: Status of Defense Base Act in post-war Iraq
Bancatakaful: At the crossroads
Making bancatakaful a money - spinning proposition
Bancatakaful in Qatar: A great opportunity
Sudan: Making headways despite challenges
Sudan: Regulator upbeat on insurance prospects
Takaful: Meeting great expectations
Lifting corporate governance standards in the QFC
MENA & GCC: Insurers should help realise Africa's potential - AIO
MENA & GCC: Political uncertainty overshadows marine business in MENA
MENA & GCC: Emerging risks should be tackled through "unconventional" means - GAIF
MENA & GCC: MENA growth to slow to 2.5% in 2013: World Bank
MENA & GCC: QBE launches liability products in the Middle East
Bahrain: Japan's ORIX to acquire 27.5% of MEDGULF
Bahrain: Trust Re increases paid-up capital by 40%
Kuwait's insurance sector facing uncertainty - A.M. Best
Nexus expands into Kuwait
Qatar: Health insurance scheme kicks off
Qatar to issue seismic code for buildings by year-end
SEIB inks 5-year agreement with Qatar University
UAE: ADNIC signs MoU with Universal Hospital
UAE: Sharjah Health Authority launches new health scheme
UAE: Almost 9% of medical claims disputable
Insured losses in Germany from floods could reach US$8 bln - AIR Worldwide
GIC Re plans worldwide expansion
IFSB Summit calls for more equitable economic growth
Asia a beacon of opportunity for Islamic insurers
Risk management and compliance are key issues for takaful - Deloitte
Bahrain: CBB outlines Islamic finance strategy
ONIC Holding to invest in Takaful Oman
Oman: Al Madina to go public, paves way for takaful switch
Qatar: Al Khaleej Takaful named TPA for health insurance scheme
Saudi Arabia records 15% rise in premiums for 2012
Saudi Arabia: IDB triples authorised capital to US$150 bln
Saudi Arabia: Govt declares Fri-Sat weekend in surprise move
Sri Lanka: Amana Takaful announces 12.5% surplus for non-life customers
Yemen: UIC distributes 16% surplus for 2012
Report shows bright outlook for Islamic finance in Tunisia
Saudi Re's life insurance seminar
Chedid Re organises workshop for Saudi insurance sector
Asia Capital Re celebrates Dubai branch opening
Diary of events
People on the move
Mr Raghav Ohri of Lux Actuaries & Consultants discusses the importance of accurately estimating unpaid claims in non-life insurance, and how these reserves are calculated.
Buy Now
Mr Steven Dewhurst and Professor Andrew White of DAC Beachcroft look at the widespread practice of "re-engineering" takaful contracts from conventional insurance contracts and examine the significant reputational and legal risks it creates for takaful operators.
How much should management share with their Shariah boards? Does it make more sense to only present what is deemed "palatable" in order to ensure a faster approval of products? Two scholars share their thoughts on cultivating an open and effective communication process.
Insurers are facing a complex cocktail of geopolitical, economic, environmental and technological risks. In a delicate balancing act, the industry needs to mitigate these whilst preserving its relevance to the economy and society, says Dr Kai-Uwe Schanz of Dr. Schanz, Alms & Company AG, Zurich.
Authors: Barbara Hadley & Tom Rennell ' Iskaboo Publishing/ 154 pages By Vandana Gupta