Middle East Views
Driven by large populations and relatively low insurance penetration, growth prospects for takaful remain strong in the GCC, Africa and Southeast Asia,...

S&P forecasts the growth of the insurance market in the GCC for the year 2021. Strong growth, single events, or accumulated losses...

Features
Geopolitics, technology, innovation, underwriting were among the themes discussed in the latest discussion organised by the General Arab Insurance Federation. A Premium...

As the year 2020 turns a historic corner into 2021, Amer Daya predicts the future of insurance with strategies for success. Worldwide,...

Risk Management
Environmental insurance can serve as a risk management tool against Na-Tech risks, writes Yuri Markin. The issue of global climate change continues to be an increasingly important area of focus...

Insurers plan to increase the number of ETFs in their investment portfolios, according to analysis by Invesco. A Premium Report. The use of Exchange-Traded Funds (ETF) by insurers has grown...

Face to Face
Dr. Ihsan Al Marzooqi tells Premium how GluCare, an integrated Diabetes centre, can provide value to the health care system. The management of chronic disease has been a top priority in the cost management programs of payers and providers. Contributing in this endeavour to manage a chronic disease such as...

Premium speaks to Umair Nizami, Group CEO, NAS and Neuron, on the recent amalgamation in shareholder ownership between the two third party administrators (TPAs). The UAE insurance industry and the wider GCC region in turn, is a hotbed of consolidation activity. Over the years many entities have been acquired or...

Risky Business

Two insurance agents went rogue after they collected premiums from business owners and then pocketed the money for their personal use. After complaints were received from policyholders, the insurance company decided to look into the...

A sportswear storeowner found a part of the store roof missing when he opened for the day. Strong winds decided to take a part of the roof and many other things in the same city....

A non-profit organisation was impacted by a hurricane when its building was damaged and waterlogged for weeks. The insurance company covering the organisation’s building decided to keep quiet for more than 30 days in spite...

A businessman decided to double his earnings by indulging in a little insurance fraud. He arranged for hospital networks to reimburse claims for expensive, specially formulated pain cream. This scheme went on until a healthcare...