Zurich International Life in the Middle East has predicted the future of work and social protection in context of the pandemic. A Premium report. Zurich International Life in the Middle East (Zurich) has highlighted some key insights for the future of the industry in the UAE, as part of its...
A significant danger for many cities is how climate change will multiply weather-related risks, according to research by Verisk Maplecroft. Cities like Cairo, Damascus, Istanbul, Tehran and Jeddah are likely to experience medium to high environmental risk, according to research published by Verisk Maplecroft, the ‘Environmental Risk Outlook 2021’ covers...
Moody’s expects takaful premiums to grow moderately in the next two to three years, helped by rising demand for medical insurance within GCC, African and southeast Asian countries. Takaful is set to see moderate growth with healthy prospects in the Gulf Cooperation Council (GCC) countries, Africa and southeast Asia, owing...
Heart attacks, strokes and cancer were larger risks in terms of claims figures, according to Zurich International Life in the Middle East. Citing figures from the 2021 Customer Benefits Paid Report, Zurich has stated that critical illness and life insurance claims were almost equal in the total amount paid in...
UAE residents considered financial advisers to have the fifth worst reputation, according to the third annual reputation study by Insight Discovery. Insight Discovery’s third annual reputation study that assesses the reputations of segments such as recruiters, financial advisors, telemarketers, real estate agents, credit card companies, advisers from banks and others,...
In a recent report, rating agency AM Best has maintained its negative outlook on the GCC insurance markets for many reasons. International rating agency AM Best is maintaining a negative outlook on the insurance markets of the Gulf Cooperation Council (GCC) – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the...
Moody’s latest analysis on takaful markets represents the positive nature of the market trends for this type of insurance. A Premium report. Despite the pandemic-driven weakening in operating environments across the globe, Islamic financial markets continued to expand in 2020 as demand for Shari’ah-compliant products remained resilient, states latest research...
Cigna highlights an improvement in the UAE’s health and well-being index compared to the global average. Cigna Corporation has released the fifth edition of its Cigna COVID-19 Global Impact Study which aims to better understand the global impact of the COVID-19 pandemic on people’s health and well-being. The last phase...
The World Economic Forum’s Global Risks Report 2021 looks at enhancing resilience, drawing from the lessons of the pandemic as well as other risk analysis. A Premium report. Owing to the far reaching effects of COVID-19, job losses, a widening digital divide, disrupted social interactions, and abrupt shifts in markets...
The industry can expect more of economic and investment risks, which would be posing a greater challenge to insurers operating across the region rather than direct underwriting losses, a recent webinar by AM Best discussed. A Premium report. A webinar organised by international ratings agency AM Best discussed the outlook...
