Is Oman still an oasis of opportunity when it comes to insurance? A Premium report. Oman is one of the countries that have had to make a big shift in terms diversifying from its dependence on oil. The efforts are paying off, with a national focus to develop five industries:...
Swiss Re’s latest Sigma report suggests that digitalisation is now blurring lines between industries with connections between different market places, supply chains and financial networks. A Premium report. The impact of digitalisation extends beyond the insurance value chain itself to the whole business ecosystem in which insurers operate. Industry boundaries...
S&P’s latest insurance briefing analysed the markets within the GCC region. A Premium report. “In today’s fast moving global business environment effective human capital and knowledge management have moved from a nice thing to do in the past to a business critical task. It is a challenge, in this particular...
The Kuwait insurance industry has many opportunities for growth lined up but requires cautious action by the insurance industry. A Premium report. The Kuwait insurance industry has been relatively unexplored due to the lack of data and focused regulator. The sector is currently regulated by the Ministry of Commerce and...
UAE listed insurers are navigating their way to profitability amidst regulatory pressures, asserts S&P in their latest report. Underwriting profitability for listed insurers in the United Arab Emirates (UAE) has returned in 2016 for the market as a whole, with an average combined ratio of 99 percent. But while the...
From geopolitical scenarios to reduced trade, tourism and investor sentiment, Jordan’s insurance industry still looks to the horizon with positive sentiment. A Premium report. Jordan has been among the countries worst affected by conflict in Iraq and Syria, leading to border closure and ensuing financial implications. However, the insurance industry...
The MENA Insurance Pulse 2017, features a far more positive perception of the insurance market, with a few surprises. A Premium report. The MENA Insurance Pulse 2017, previously known as the MENA Insurance Barometer was launched recently by Dr. Schanz, Alms and Company. The study surveys perceptions of the regional...
Insurers in most GCC countries will likely face moderate-to-high credit risk over the next 12-18 months, according to Moody’s latest report. Moody’s latest report depicts the key credit risks facing the GCC insurance markets. The rating agency states low oil prices are a headwind for the GCC insurance market in...
S&P’s predicts gross premium growth for GCC insurers with a slight volatility associated with the current year. A Premium report. The four largest insurance markets in the GCC are likely to remain profitable in 2017. However, international ratings agency see potential risks ahead, owing to some drivers such as further...
Well-timed regulation has resulted in a shake-up in the Saudi market, leading to operating profitability. A Premium report. One of the formidable markets that share a sizeable share of premiums in the MENA region, the Kingdom of Saudi Arabia has seen its trials and tribulations. Being one of the markets...
