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RENEWED CALLS FOR CONSOLIDATION AT INSUREX

Insurex 2011 witnessed renewed calls for consolidation in an increasingly fragmented regional insurance market, going back to the basics of sound underwriting, adopting global best practices, increased focus on training and local involvement, harmonisation of regulation and product innovation.

Corporate Scorecard – Technically Right

Leading players in UAE tighten their hold on market with technical income, triggering a price war, Policy analyses 2010 financial results

Top Of Their Game

Policy identifies the leading players across the Middle East insurance markets; focusing on the most powerful companies in each country and those individuals shaping the future of the industry.

Meeting The Challenges Of ERM

With the establishment of the Institute of Risk Management’s (IRM) first UAE chapter, Carolyn Williams, IRM head of thought leadership, discusses the benefits enterprise risk management (ERM) can bring to the region.

If You Build It They Will Come

Policy provides an overview of recent developments from the Middle East’s three established financial centres – Dubai, Qatar and Bahrain – and profiles three regional players who have called them home.

Corporate Governance

Dr Omar Clark Fisher explores the alignment of corporate governance and company performance in relation to takaful companies, while calling for a far more active role for policyholders in the decision-making process.

Reinsurance Round-up

The Middle East and North African markets experienced a softening in prices during the renewals season. The UIB Group provides a review of conditions and highlights from 2009.

Navigating The Storm

Having attended the fifth Chief Risk Officers (CRO) Assembly in Switzerland at the turn of the year, James Portelli provides an overview of key messages delivered by some of the leading risk management guardians of the global insurance industry.

The Bouquet Has Wilted

Michael Gertsch, chief underwriting officer at Gulf Re, bemoans the downward spiral created by the undercutting of terms and conditions to grow premium volumes.

Hard Times Are Still Ahead

James Portelli explores the effects of the financial crisis on technical performance.

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