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Middle East and Africa

Set Alert for Insurance Day Regions :: Middle East and Africa

Viewpoint: Pressure on traditional distribution models is tough test for incumbent players

The basic distribution models are being challenged in the Middle East, both by regulators and by technology-driven entities seeking to disrupt the distribution chain

Focus Distribution

Focus: Regulatory action will drive uptake of D&O liability cover in the Middle East

Claims against directors and officers are set to increase as countries across in the region align their corporate governance regimes with international standards and reporting requirements

Casualty Middle East and Africa

Focus: Market must develop more flexible solutions to the risk of vessel detention in the Persian Gulf

Shipowners are turning to strike and delay-type coverages to help mitigate against the high cost of marine war risk insurance in the region

Focus Political Risk and Trade

Focus: Civil unrest poses greatest challenge to the resilience of Lebanese carriers

Ongoing political instability in Lebanon remains a significant hurdle to reforming the country's beleaguered insurance market

Focus Political Risk and Trade

IGI books 94% combined ratio ahead of listing

Group sees higher attritional losses in treaty, downstream energy and engineering books

Bermuda Middle East and Africa

Legal Focus: Turkish government overhauls insurance regulation

Turkey is aiming to be the world’s 10th-biggest economy and the insurance industry will play an important role in the country meeting this ambition

Turkey Legal focus
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