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

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

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

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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 / 2 years ago

Kuwait: Gulf tensions raise the cost of insurance on Kuwaiti oil tankers by 775%

The cost of insuring Kuwait's oil tankers jumped by 775% in three months due to tensions in the Gulf region and international tankers being subjected to sabotage, reported Reuters...
The cost of insuring Kuwait's oil tankers jumped by 775% in three months due to tensions in the Gulf region and international tankers being subjected to sabotage, reported Reuters...
Article / 3 years ago

Middle East: Impact of war with Iran being assessed

Surging oil and gas prices, skyrocketing insurance costs and attacks on energy and banking infrastructure are likely to follow quickly if Iran's interception last week of two UK-linked tankers spirals into outright war...
Surging oil and gas prices, skyrocketing insurance costs and attacks on energy and banking infrastructure are likely to follow quickly if Iran's interception last week of two UK-linked tankers spirals into outright war...
Article / 3 years ago

UAE: Insurance body looks at building liabilty & marine insurance and reinsurance

The Emirates Insurance Association (EIA) has announced that a compulsory 10-year insurance scheme for building projects, providing cover against design and construction defects, will be introduced in the UAE...
The Emirates Insurance Association (EIA) has announced that a compulsory 10-year insurance scheme for building projects, providing cover against design and construction defects, will be introduced in the UAE...
Article / 3 years ago

Iran: Foreign insurers have settled payouts for sunk tanker

All parties involved in the liability insurance of the ill-fated Iranian oil tanker "Sanchi" that sank in January have made their compensation payments, a senior official of the Iran Insurers Syndicate has said...
All parties involved in the liability insurance of the ill-fated Iranian oil tanker "Sanchi" that sank in January have made their compensation payments, a senior official of the Iran Insurers Syndicate has said...
Article / 4 years ago

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Highlighted

Kenya: August 2022 general election increases demand for political risk insurance
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Ethiopia: Reinsurers advise insurance firms to avoid new political risks
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DRC: Underperforming insurance market sees high demand for cover of large specialty risks
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Nat CAT: Economic losses in natural disasters rise faster than insured losses
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Afghanistan: Aviation insurers wary of insuring flights into Kabul
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Lebanon: Insurers pay out less than 10% of claims 12 months after Beirut Port blast
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Turkey: Payout for 2020 Izmir quake is highest-ever for Nat CAT insurance pool
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MENA: Nat CATS and the need for risk modelling
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Lebanon: At least 16,000 Beirut Port-related claims amounting to US$1.1bn received
Read more
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