Reinsurers Finding their Place in MENA
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The article reports that Gulf Re is armed with strong shareholder support on the high-value oil, gas and transportation assets in the Gulf Cooperation Council (GCC) in the Middle East. According to Dinos Iordanou, Arch Capital Group Ltd. president and CEO, the joint venture will allow Arch to...
- Strong outlook for GCC reinsurance markets. Srivastava, Shashank // MiddleEast Insurance Review;Oct2012, p15
The article focuses on a survey by Qatar Financial Centre (QFC) Authority of reinsurance markets in the Gulf Co-operation Council (GCC), which found that market sentiment remains upbeat among reinsures and brokers operating in the countries of the GCC.
- GCC: Insurance sector well-placed to ride out the ongoing uncertainties - AM Best. // MiddleEast Insurance Review;Jun2010, p9
The article presents a report by the AM Best which indicate that the insurance markets of the Gulf Cooperation Council (GCC) are well-placed to ride the ongoing global downturn.
- Qatar: AKHI Eyes Takaful Company in the GCC. // MiddleEast Insurance Review;Jul2007, p26
The article reports on the plan of Al Khaleej Insurance & Reinsurance Co. to consider the option of setting up a takaful firm in the Gulf Cooperation Council (GCC) region in collaboration with other insurers. According to Standard & Poor's Corp., the GCC insurance sector has the potential to...
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The article focuses on the growth of the retakaful sector in Malaysia and Gulf Cooperation Council. It says that the industry is trying to sustain its double-digit growth in the market despite the perennial challenges they are facing like their reinsurance counterparts and regulations. According...
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The article reports on the need of an underwriting right among Gulf Cooperation Council (GCC) insurance companies in the Middle East. It states that underwriting is a must so that insurance firms can improve their operational excellence which then lead to profitability by 20% to 30% and a boost...
- Growing with Gulf Re. Wong Mei-Hwen // MiddleEast Insurance Review;Oct2011, p76
The article offers views from Gulf Reinsurance chief underwriting officer Michael Gertsch concerning the commitment of the firm to focus on the Gulf Cooperation Council in the Middle East. He emphasizes that the firm has added offshore energy and marine cargo to facultative portfolio in 2011 and...
- GCC: Barriers to consolidation heighten risk of default - S&P. // MiddleEast Insurance Review;Oct2013, p9
The article discusses the 2013 report published by financial services firm Standard & Poor's (S&P) regarding barriers to consolidation in the Gulf Cooperation Council (GCC) insurance market.
- GCC's top 30 insurers see falling profitability. // MiddleEast Insurance Review;Aug2012, p9
The article reports that the insurance profitability of 30 insurers of the Gulf Cooperation Council (GCC) sank over the last four years from 28 percent in 2007 to 9 percent in 2011.
