Mahesh Mistry, Associate Director, Analytics, at A.M. Best speaks to Premium to give an overview of Oman’s insurance market. Oman is one of the economies that form part of the Gulf Cooperation Council (GCC), which includes the UAE, Saudi Arabia, Bahrain, Kuwait and Qatar. All six GCC economies have experienced...
Firas T. Abd-Alhadi, Insurance Awareness Officer at Insurance Commission of Jordan gives an overview of the Jordanian insurance market and tells Premium about its significant role, opportunities and challenges in the market. OVERVIEW OF THE MARKET: A glance at the development of the Jordanian insurance sector from the past few...
Sinchita Mukherjee from Premium summarizes A.M. Best’s special report on Jordan which lists the top five insurers based on their capital positions. In response to the licence suspensions of three local companies, A.M. Best has confirmed its opinion of the capital positions of the top five rated entities in...
Owing to its growing population in terms of size, wealth and life expectancy there has been a stupendous rise in the healthcare sector in the UAE. Sinchita Mukherjee from Premium takes a closer look at BMI’s healthcare report to analyse the current trends and future prospects for the health insurance...
According to A.M. Best, the insurers and reinsurers in the MENA region have demonstrated resilience. The MENA insurance and reinsurance market is seen to be maturing despite the existing regional, political and regulatory changes. Insurers and reinsurers in the Middle East and North Africa (MENA) region have shown resilience...
In conversation with Premium, Dermot Dick, Senior Vice President and Manager Middle East for reinsurance, XL Re Europe, shares his outlook about the future prospects of the Middle East insurance market, which has a lot to offer to insurance players operating in the region. GIVE US A BRIEF BACKGROUND ABOUT...
On the back of numbers to go by and several factors analysed by A.M. Best, the Levant insurance market is seen to be maturing despite the existing regional, political and regulatory challenges The insurance market in the Levant – a region encompassing the countries of the Eastern Mediterranean – has...
MORROCCO TOTAL PREMIUMS (US$M): 2592 % CHANGE SINCE 2009 (US$M): 0.35% LIFE/ NON-LIFE (US$M): 827/ 1764 INSURANCE DENSITY (PREMIUM PER CAPITA IN US$): 80 INSURANCE PENETRATION (PREMIUM % OF GDP): 2.80% UAE TOTAL PREMIUMS (US$M): 5875 % CHANGE SINCE 2009 (US$M): 7.67% LIFE/NON-LIFE (US$M): 936/4939 INSURANCE DENSITY...
Bahrain : An Insurance market review The recent troubles in Bahrain have unquestionably raised concerns about the state’s continuing appeal as a premier financial hub. While it remains true that more banks are registered in Bahrain than anywhere else in the GCC, how solid are the financial and insurance sectors...
Qatar: Fact and Fiction It’s a truism that the eyes of the world are on the compact Gulf state with the sparkling economy. An economy based not only on vast reserves of natural gas – Qatar is the world’s largest producer – but also on a vibrant financial services sector....
