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AXA Gulf to offer marine risk modelling

AXA is planning to introduce marine risk modelling for businesses in the Middle East, following successful implementation in Europe and Asia. “I think there will be a wider appreciation of risk...

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Egyptian insurers look to expand

On-going political instability and a stagnant economy are not dissuading Egyptian insurers from expanding, according to senior executives from national insurers. Mohamed Mostafa Abdelrassoul, CEO of...

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Gulf Re expands fac business into Mena

Gulf Re has expanded its geographic reach for facultative business into the broader Mena region, following approval by the board of directors. The regional reinsurer, which has its head office in Dubai...

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Globaleye appoints new GM

Globaleye has appointed Jawaid Tabassum to head up its new general insurance & employee benefits department in the UAE. Tabassum, who will be general manager of the new department, joins the broker...

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Mena needs to learn from Thailand, says Guy Carp

The Mena region needs to reassess risks after the Thai floods, according to an executive at Guy Carpenter. David Flandro, global head of business intelligence at Guy Carpenter, told Mena Insurance...

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Tough times for ME energy market

The energy market in the Middle East is growing increasingly challenging thanks to losses in 2011, according to a new Marsh report. Although competition among insurers and excess capacity has helped to...

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Choffel changes strategy at OIC

Oman Insurance Company has changed its energy risk strategy following the arrival of new management, Mena Insurance Review can exclusively reveal. The UAE market leader saw a number of high-profile...

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Lessons learned from Egypt, says Marsh report

Businesses need to learn from events in Egypt, according to a recent report from Marsh. Last year’s unrest reignited the debate over what is covered by strikes, riots and civil commotion (SRCC) cover...

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DFSA appoints new CEO

Ian Johnston has been appointed the new CEO of the Dubai Financial Services Authority (DFSA), in an announcement made by the regulator today. Johnston has been the DFSA’s deputy chief executive since...

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Mena Insurance Awards 2014

Date: 15 January 2014 Venue: The Address Downtown Dubai, Sheikh Mohammed Bin Rashid Boulevard, Dubai Rewarding excellence in insurance services across the Mena region About Date: Wednesday 15 January...

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Airline rates fall in Middle East

Airline insurance in the Middle East has experienced a rate reduction, according to a leading market report. After two years of “relatively high” lead hull and liability premiums, Middle East-based...

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