The magazine provides a comprehensive overview and insights into the dynamic Middle East Insurance Industry & Takaful Developments, and the interplay between the two.

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Yemen: Insurance companies exclude war risks in marine insurance policies

Several insurers are excluding war risk in marine insurance policies involving Yemen, after the Houthis who control parts of the country announced on 31 October that they would join the ongoing conflict between Israel and Hamas.
Several insurers are excluding war risk in marine insurance policies involving Yemen, after the Houthis who control parts of the country announced on 31 October that they would join the ongoing conflict between Israel and Hamas.
Article / 4 months ago

Saudi Arabia: Marine insurance coverage instructions take effect

The Saudi Central Bank (SAMA) has announced the issuance of the Marine Insurance Coverage Instructions as part of the ongoing effort to regulate and advance the insurance sector and protect the rights of beneficiaries.
The Saudi Central Bank (SAMA) has announced the issuance of the Marine Insurance Coverage Instructions as part of the ongoing effort to regulate and advance the insurance sector and protect the rights of beneficiaries.
Article / 6 months ago

UAE: Clyde & Co wins landmark DIFC Court of Appeal case with jurisdictional implications for insurers

The Dubai team of the global law firm Clyde & Co has resisted a jurisdictional challenge before the DIFC Court of Appeal in a significant case for the UAE insurance market.
The Dubai team of the global law firm Clyde & Co has resisted a jurisdictional challenge before the DIFC Court of Appeal in a significant case for the UAE insurance market.
Article / 9 months ago

UAE: DIFC Courts pronounce landmark decision for regional insurance market

Global law firm Clyde & Co has successfully represented Al Buhaira National Insurance Company (ABNIC) in a significant marine insurance case in the Dubai International Financial Centre (DIFC) Courts.
Global law firm Clyde & Co has successfully represented Al Buhaira National Insurance Company (ABNIC) in a significant marine insurance case in the Dubai International Financial Centre (DIFC) Courts.
Article / 2 years ago

Lebanon: Insurers' association estimates up to 30% of blast losses are insured

The Association of Insurance Companies in Lebanon (ACAL) has said that about 70% of the damages resulting from the 4 August devastating explosion in the Beirut port are not...
The Association of Insurance Companies in Lebanon (ACAL) has said that about 70% of the damages resulting from the 4 August devastating explosion in the Beirut port are not...
Article / 4 years ago

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