Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Sep 2014

Read the latest edition of AIR and MEIR as an Interactive e-book

Steady growth despite tough times

COUNTRY PROFILE

The Egyptian insurance market is one of the few regional markets which have preserved double-digit growth despite shaky political and economic conditions over the past three years. Yet, the market remains full of potential with some players making the right move.

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M&A: Promising signs in Middle East M&A

SPECIAL FEATURE

The market has been rife with M&A announcements and rumours of late. Will talk turn to action?

Takaful asset management: Getting asset allocation right

SPECIAL FEATURE

Takaful operators need a more focussed approach to managing their assets or face insolvency, says Mr John A Sandwick of Safa Investment Services.

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All Stories

Interviews

  • Talbot broadens role in Middle East

    Having grown its geographical remit and head count in the past year, Talbot Underwriting (MENA) is now looking to join the new Lloyd's Middle East platform in the Dubai International Financial Centre (DIFC), says Mr Michael Carpenter, Non-Executive...

Country Profile

  • Steady growth despite tough times

    The Egyptian insurance market is one of the few regional markets which have preserved double-digit growth despite shaky political and economic conditions over the past three years. Yet, the market remains full of potential with some players making...

  • Life faces the biggest challenge

    Tough socioeconomic conditions in Egypt are affecting the insurance sector in general, but this is especially so for the life branch, with the looming prospect of austerity measures.

  • Fulfilling an integral role

    Besides setting the right tone for the sector, the Insurance Federation of Egypt is paving the way for vital regulatory amendments to be introduced to help insurers better utilise their resources and overcome challenges, says Mr Abd El-Raouf Kotb,...

Cover Story

  • GAIF AT 50: Building on a strong foundation

    Fifty years since its founding, GAIF has become nearly synonymous with its biennial conferences. But there is more to this grouping, the only one of its kind in the Arab world. We trace its recent accomplishments and look at what lies ahead for GAIF.

  • GAIF AT 50: Beyond GAIF's golden jubilee

    At 50, the GAIF is eager to further expand and refine itself to serve the Arab insurance industry and achieve its development and integration, says Secretary General Abdul Khaliq R Khalil.

  • GAIF AT 50: GAIF and the Arab markets

    Insurance associations applaud the evolution of the GAIF Conference, and the role the Federation has played in their respective markets.

Reinsurance Update

  • Competition dampens GCC reinsurance prospects

    The GCC region's fundamentals including its massive hydrocarbon wealth, large-scale infrastructure investments, and young and growing populations augur well for the prospects of insurers. However, the near-term outlook for reinsurers is bleak, says...

  • The pull of the GCC

    International reinsurers are likely to remain a core provider of capacity over the longer term to the GCC, and further downward pressure on rates can be expected, says Mr Mohammed Ali Riyazuddin Londe of Moody's.

  • Reinsurance optimisation: Focussing on value

    Mr Paul Kaye at Aon Benfield discusses the fundamentals of reinsurance optimisation and how such exercises can be carried out successfully.

Special Feature

Takaful Feature

Legal Page

  • Data risks of outsourcing

    Ms Susan Dingwall and Mr Dino Wilkinson of Norton Rose Fulbright discuss the potential implications of data breaches under cyber crime and data privacy laws in the Middle East, and solutions for mitigating the risks through contract and insurance.

News

  • MENA market remains upbeat on prospects

    Though premiums continued to expand slower in 2013, the MENA insurance market looks set to deliver a solid performance this year, driven by compulsory insurance requirements, continued investments into infrastructure projects and stable economic...

  • Middle East Insurance Industry Awards receives more than 200 entries

    Judges have begun the first round of judging the over-200 entries submitted for the first Middle East Insurance Industry Awards (MIIA), organised by Middle East Insurance Review (MEIR).

  • Support grows for Lloyd's Middle East

    Specialist insurers Talbot Underwriting (MENA) and Markel International are looking to join the upcoming Lloyd's Middle East platform in the Dubai International Financial Centre (DIFC), senior executives told Middle East Insurance Review.

Global News

Takaful News

People on the move