Questions remain over UAE insurers’ cash collection, with estimated debtor days still higher than Western Europe and other local markets, writes Salman Siddiqui. Problems with cash collection – an issue that affects insurers across the Middle East and North Africa (MENA) region – are particularly evident in the United Arab...
In the face of challenges and player exits, the Middle East’s reinsurance market shows resilience, remarks Yolla El Khoury. The global business landscape is experiencing challenging times and the insurance sector is not immune to those challenges. Overcapacity has been an issue in the Middle East insurance industry, adverse claims...
Engagement and thoughtful stewardship of investments will be key in a pandemic scenario, writes Richard Dunbar, . The Covid-19 pandemic is like nothing any of us has ever experienced. The crisis will undoubtedly have far-reaching implications for people, businesses and society as a whole. The asset management industry also faces...
Private health insurance (PHI) as an industry is growing steadily and its mandatory implementation regulations are extending across the region. However, large portions of the new policies are those of low-premium (Basic) plans; this necessitates great effort to act on resources optimisation that can make PHI model sustainable economically by...
Dr. Charushila Thadani outlines five sound steps for organisations on the path to effective healthcare cost containment. When we consider a 2018 projection of a USD100-billion GCC healthcare industry by 2022[1], we should also consider that regional employers face some cost challenges as they contribute to that growth. They are...
Jihad Francis writes about the e-health strategy within the insurance industry and on how it helps in containing overall cost of expenditure in order to transition to a value-based healthcare model. The Middle East and Africa region has been recently ranking amongst the highest rising in terms of health expenditure...
The Novel Coronavirus 19 has affected many countries in the past few months. What are the considerations for the insurance industry? A Premium report. The Novel Coronavirus 19 has brought the world together in the fight to survive and manage resources. Many health centres across the world have been overstretched...
Sam Wakerley and Thomas Neighbour examine the impact of the Novel Coronavirus to business interruption covers related to specific lines of business within the insurance industry. Given the rapid global spread of the Novel Coronavirus (COVID-19), the outlook for businesses is changing on a daily basis, with clear potential...
Peter Hodgins compares and contrasts the aggregator regulations present in the regional insurance regulatory environments. Price comparison websites (PCWs) or ‘aggregators’ encourage consumer choice and facilitate the task of comparing different insurers’ products. They enable consumers to find the cheapest quote, identify and purchase the right product in minutes rather...
Speakers at the 6th Annual Health Insurance Conference emphasised on the role of technology in insurance and various arenas for its use. A Premium report. The 6th Annual Health Insurance Conference by the Emirates Insurance Association held under the patronage of the Insurance Authority, stressed on the importance of technology...
