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

South Africa: Brokers to continue to vie for business with direct channels

Competition between direct channels and brokers will undoubtedly continue, according to the "2022/2023 Santam Insurance Barometer Report" released by South Africa's largest short-term insurer.
Competition between direct channels and brokers will undoubtedly continue, according to the "2022/2023 Santam Insurance Barometer Report" released by South Africa's largest short-term insurer.
Article / 5 months ago

South Africa: Lower capacity for risks continues in P&C insurance market

The South African P&C insurance market continues to see reduced capacity on risks, making it challenging to secure coverage with carriers, says Aon in its "Insurance State of the Market 2023".
The South African P&C insurance market continues to see reduced capacity on risks, making it challenging to secure coverage with carriers, says Aon in its "Insurance State of the Market 2023".
Article / 7 months ago

Africa: Domestic insurers concerned about business underwritten overseas

The insurance industry in Africa fear that business placed outside the continent have become so huge that African insurers have in most cases acted as agents to overseas insurers.
The insurance industry in Africa fear that business placed outside the continent have become so huge that African insurers have in most cases acted as agents to overseas insurers.
Article / 11 months ago

MENA: FAIR urges insurers to review technical reserves in the face of inflation challenge

Insurers have to undertake a review of technical provisions as a necessary task so as to minimise the impact of the current global wave of inflation on insurance activities
Insurers have to undertake a review of technical provisions as a necessary task so as to minimise the impact of the current global wave of inflation on insurance activities
Article / 2 years ago

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