All AIR articles – Page 4

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    A meeting of minds

    2009-06-12T00:00:00Z

    The International Insurance Society seminar in Jordan has come at the perfect time for the Middle East and international markets. David Banks spoke to outgoing IIS president and CEO Pat Kenny.

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    Solid foundations

    2009-06-12T00:00:00Z

    The growing link between Middle East insurers and the international markets means a more central role for ratings agencies. David Banks speaks to AM Best to discover what this will mean for the region.

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    Editor's note

    2009-06-12T00:00:00Z

    Dear valued reader,

  • AIR

    Five myths of Middle East insurance

    2009-06-12T00:00:00Z

    Arabian Insurance Review has spoken to international insurers and brokers to find out the most common misconceptions about the Middle East market, particularly the Arabian Gulf.We discovered that these misconceptions or ‘myths’ are held not only by international insurance professionals, but sometimes by professionals within the Middle East itself.The misconceptions ...

  • AIR

    Delayed impact

    2009-06-12T00:00:00Z

    Gulf economies are showing resilience to the global downturn, but insurers are yet to be impacted by several challenges, reveals Dominic Ellis.

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    Crisis in Dubai

    2009-06-12T00:00:00Z

    Dubai’s supply chain is suffering under a growing number of non-payments. Now credit insurers, faced with mounting claims, have been forced to take urgent action, David Banks writes.

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    Stronger with scrutiny

    2009-03-13T00:00:00Z

    Mousa Al Rubaian has been at the forefront of Saudi Arabia’s transition into a liberalised insurance market, as chairman of reinsurance start-up Saudi Re and former CEO of state-owned giant NCCI, which he successfully took public in 2005.

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    Retaining some pride

    2009-03-13T00:00:00Z

    Whether it is due to the rising cost of reinsurance or an increase in underwriting capabilities, there is no doubt GCC insurers are retaining more premium. David Banks explores the 11 factors that point to increasing retention levels in 2009.

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    Poised to strike

    2009-03-13T00:00:00Z

    Arig is capital rich and poised to benefit from the misfortune of some of its Western competitors. Mairi Mallon spoke to Arig CEO Yassir Albaharna about the company’s plans for the rest of 2009.

  • AIR

    Mitsui Sumitomo opens in Qatar

    2009-03-13T00:00:00Z

    Insurer receives QFC approval; expected to attract more Japanese companies to QatarMitsui Sumitomo Insurance Company (Europe) has opened a branch office in the Qatar Financial Centre after receiving regulatory approval.The company plans to provide in-depth support to both Japanese and Qatari companies by capitalising on relationships with local insurers and ...

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    Medical momentum

    2009-03-13T00:00:00Z

    Bahrain could become the latest Gulf state to enact a compulsory medical insurance law. Mairi Mallon explains the potential timescale for proposals, which are expected to spur a further bonanza for Gulf insurers.

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    Going nuclear

    2009-03-13T00:00:00Z

    The energy-hungry Middle East is starting to embrace nuclear power – but will it be enough to satisfy its mushrooming developments and expanding populations? Dominic Ellis reports.

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    Underwriting GCC nuclear risks

    2009-03-13T00:00:00Z

    With planning for nuclear facilities in the Gulf now underway, it is not too early for insurers to become involved.

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    Mind the Gap

    2009-03-13T00:00:00Z

    Is your project covered? The complexity created by multiple construction contracts in the same project means that some insurance arrangements in the Gulf risk falling through the holes, as Martin Preston and Peter Hall explain.

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    Lloyd’s postpones Middle East decision

    2009-03-13T00:00:00Z

    Lloyd’s of London has postponed a decision on where it will create a Middle East presence following concerns about the economic climate.The world’s leading specialist insurance market announced last year that managers would choose a location – one of the principal financial hubs of the Arabian Gulf – by the ...

  • AIR

    Changing tactics

    2009-03-13T00:00:00Z

    The Middle East insurance market is taking off, but do local players have the strength and skills to take advantage? Jonathan Broughton of EMB says many will require a different business model if they are to prosper.

  • AIR

    New beginnings

    2009-03-13T00:00:00Z

    Just a few weeks after its launch, Noor Takaful is well-staffed, well-capitalised and is already one of the best-connected companies in the region. David Banks found out why.

  • AIR

    Welcome to the first edition of Arabian Insurance Review.

    2009-03-12T00:00:00Z

    This special publication by Global Reinsurance provides a platform for the world’s insurers to learn more about the Middle East market.At the same time, it also represents of Gulf insurers, providing cutting edge debate and a detailed description of the key themes for the region’s insurance industry in the months ...