MIDDLE EAST IN FOCUS – Page 3
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NewsDIFC on track for 20% re/insurance client growth
Gross written premiums in the first half of 2023 increased up 18% on the year before, reaching $1.2bn, with DIFC’s re/insurance client growth led by new MGA licences.
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NewsAM Best publishes reports on MENA and Sub-Saharan African reinsurers
The rating agency reports that reinsurers across MENA and Sub-Saharan Africa report topline growth, despite persistent or heightened economic challenges.
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NewsSaudi megaprojects: Opportunities and risks for global reinsurers
Given the size and scale of many of these projects, the global reinsurance market will have a significant role to play, say Chris Panes and Hassan Abdulfattah
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NewsDWIC 2023: Caught out by the hard market
A DWIC roundtable on underwriting discussed the impact of hardening reinsurance rates and new technology
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NewsDWIC 2023: Health insurance space fit and well
COVID-driven awareness, population shifts and technological enhancements keeping health insurance market optimistic
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NewsDWIC 2023: Spotlight on skills and talent
On the back of the DIFC’s Talent Week, a panel of experts discussed the skills gap and how to close it
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NewsDWIC 2023: Takaful must rebrand itself as the ethical choice for all
Collaboration between takaful providers is essential if the niche industry is to achieve its potential
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NewsDWIC 2023: Insurers are 'on the frontline' in the climate crisis
The insurance industry must “drive the pathway to net zero”, explained Dame Susan Rice in a fireside chat
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NewsDIFC’s Alya Al Zarouni opens Dubai World Insurance Congress 2023
This year’s Congress is the largest event of its kind in the region, welcoming over 1,100 insurance leaders to the UAE
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News‘Be part of climate conversation,’ DWIC 2023 delegates urged
With COP28 heading to the city in November, this year’s DWIC opened with a rallying cry for the industry to focus on the climate
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NewsDWIC 2023: Plenty of cause for industry optimism
Despite choppy environmental, economic and geopolitical conditions, there are green shoots of opportunities for the industry
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NewsDWIC 2023: Time for emerging markets to shine
A dearth of cheap and plentiful reinsurance capacity could force emerging insurance markets to mature more rapidly
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NewsGCC markets retain stable outlook amid challenging headwinds
The rising cost of reinsurance, competitive pressures and growing impact of nat cat losses remain a challenge – AM Best
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NewsGCC insurers benefit from strong premium growth
S&P expects a modest uptick in earnings if insurers continue to reprice underperforming business
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NewsDavid Robinson appointed CEO of Optio Group
He was instrumental in establishing Optio Re MENA Ltd, which began trading February 2023
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NewsOptio Re MENA commences trading
The specialty MGA is now open for business in MENA through its Dubai-based operation
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NewsSukoon syndicate-in-a-box gains DIFC approval
Led by Amey Masurkar, it will be the first SIAB to operate outside of London with the support of Lloyd’s DIFC
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NewsChedid Capital and IRM launch certificate in risk management
The course is aimed at insurance and reinsurance professionals across MEASA and has been ‘eagerly awaited’
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NewsSpecial Report: Road to 1/1
It was straight to business this year as reinsurers, brokers and cedants entered one of the most challenging renewal seasons in years
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NewsVolante opens shop in the DIFC
It will offer a combination of treaty and facultative reinsurance across multiple lines through Lloyd’s Syndicate 1699
