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...
View ArticleEgyptian 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...
View ArticleGulf 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...
View ArticleGlobaleye 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...
View ArticleMena 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...
View ArticleTough 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...
View ArticleChoffel 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...
View ArticleLessons 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...
View ArticleDFSA 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...
View ArticleMena 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...
View ArticleAirline 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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