January 17, 2021

Face to Face

Face to Face

On a positive note

Premium spoke to Steve Dixon and Mark Quinn of ACE Group at the General Arab Insurance Federation conference held at Sharm-El-Sheikh, Egypt. This year’s GAIF general conference revisited many topics that have often been discussed. While conversing with Mark Quinn, director and senior executive officer, ACE Insurance Management (DIFC) and...

A sustainable model of business

Jerome Droesch, CEO, AXA Gulf speaks to Premium on being selected as one of the Participating Insurers by DHA. On what criteria was AXA chosen to the PI List? For the participating insurer status, DHA has set a rigorous evaluation process to choose the best participants among the insurers licensed...

Expectations remain of the insurance industry

Tarun Khanna, CEO of Nexus Insurance Brokersspeaks to Premium on the new insurance regulation, new health insurance laws, price wars and more. How has the consumer changed over the years? Do you see a far more educated one, or have insurers and brokers, over time, taken up the task of...

The ticket to double-digit growth

Massimo Falcioni, CEO of Euler Hermes GCC, spoke to Premium on the growth in the trade credit insurance industry and its benefits to the SME sector. The trade credit insurance (TCI) industry seems to be enjoying substantial growth presently. What trends are you seeing at the moment in the UAE?...

???Building commonality of spirit???

Xavier S. Arputharaj, executive vice president, Life and Medical, for Orient Insurance PJSC spoke to Premium on the selection process for Participating Insurers (PIs) and the journey ahead. What were the criteria used to qualify insurers into the PI category? There were technical requirements such as the robustness of our...

???Delivering on promises???

RAK Insurance was recently one of the few companies chosen to become one of the Participating Insurers. Andrew Smith, CEO, RAK Insurance spoke to Premium in this regard. What is the basis of your selection to the Participating Insurers’ list? We went through a fairly lengthy and quite detailed process...

Moving out of the spiral

David Harris spoke to Sandhya Divakaran on the subject of bancassurance with regard to strategic alliances between banks and insurance companies. How can insurers and bankers strengthen their relationships? One of the ways is to look at the long-term sustainable relationships and try and work together sharing best practices from...

A transformative decade ahead

‘Paddy Padmanathan’, president and CEO of ACWA Power, Saudi Arabia, spoke to Premium on the risks associated with renewable energy projects and a future outlook. Below is an excerpt of the conversation. What is the status quo of wind, solar, hydropower as opposed to conventional sources of energy in the...

Blessing or curse?

Dr. Geeta Gangadharan raises a few pertinent questions on the newly approved health insurance law. The recent health insurance law that was passed in Dubai makes it mandatory for all three million people living in the emirate, to be covered for healthcare services. The Essential health benefits package according to...

Healthcare reform: A challenging journey ahead

Dr. Dennis Sebastian shares his views on the impact on medical service providers as a result of the recently announced mandatory health insurance law. Rising cost of care, widespread chronic illness, increasing population, skyrocketing expenditure on healthcare, added numbers of ageing population and poorly controlled inflation: these have all been...

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