Although geopolitical tensions have intensified in the region, the Middle East and North Africa markets present good topline growth potential for reinsurers, and continue to attract international interest, according to a new AM Best report.
Insurance intermediaries are asking for a grace period of at least two years to develop supplementary insurance coverage in the transition to the the mandatory health insurance system (AMO), overseen by the National Social Security Fund (CNSS).
Turkiye has taken over the presidency of Turkic World Insurance Union (TWIU), with Mr Atilla Benli elected as the President.
Gallagher has launched a new cyber risk advisory practice for the Middle East, headed by Mr Sidharth Wahi.