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Middle East region

Saudi, UAE health market overcrowded, dropouts expected – Fitch Ratings

2019-02-22T14:43:00+00:00

Fitch says the compulsory health insurance market is overcrowded and predicts the pressures on profitability will force out weaker players

Dubai 2018

Health warnings amid profits for UAE insurers

2019-02-21T12:03:00+00:00

2018 marked a second consecutive year of bumper profits for the UAE’s insurance market, according to an AM Best report

jean-paul-conoscente-scor

Conoscente succeeds Peignet as Scor Global P&C CEO

2019-02-20T11:17:00+00:00

The French reinsurer said Victor Peignet had decided to retire for personal reasons after 35 years with the group

gavel judge

Mondelez vs Zurich lawsuit shows cyber market uncertainties

2019-02-19T11:04:00+00:00

Mondelez vs Zurich comes as the nascent cyber insurance market continues to develop with increased demand for cyber policies.

Farid Chedid

Big challenges face Middle East reinsurance market – Chedid Re

2019-02-18T13:26:00+00:00

Compulsory lines are the only ones growing in the Middle East, causing commoditisation of products

James vickers

Demand hugely untapped – Willis Re’s Vickers

2019-02-19T17:00:00+00:00

The insurance sector has a lot to do if it wants to close the protection gap in Middle East markets, according to James Vickers, chairman of Willis Re International

Lloyd's Tower

Former Lloyd's chairman Rowland passes away

2019-02-19T11:35:00+00:00

The chairman who saw Lloyd’s through one of its most turbulent times has passed away

Ryan Rugg

Collaborating on blockchain - R3 Corda

2019-02-18T09:00:00+00:00

Ryan Rugg, global head of insurance for blockchain platform R3 Corda, has experience working with re/insurance sector stakeholders on blockchain projects such as Insurwave

Insurers are penalising customers

Reinsurance rate rises may be around the corner, renewals study suggests

2019-02-15T15:59:00+00:00

April and June renewals could be a source of hope for reinsurance pricing, according to a report from rating agency AM Best

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