Brokers News

22 I 09 I 2014

 Spending on information technology security in the Middle East and North Africa (Mena) is forecast to reach US$1 billion this year, an increase of 8% compared to 2013, according to information technology research...

18 I 09 I 2014

The traditional method of providing insurance cover is inappropriate for insuring the many mega projects in the Middle East, according to a senior insurance industry executive.

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16 I 09 I 2014

Poorly worded reinsurance contracts that include previously excluded areas of cover such as terrorism and cyber risk at no extra premium could result in a torrent of future litigation, according to Hiscox Re....

15 I 09 I 2014

Growing insurance premiums and a relatively low exposure to natural perils are the main attractions driving the unabated increase in reinsurance capacity in the Mena region, according to the 2014 edition of the Mena...

15 I 09 I 2014

Reinsurance buyers should expect lower rates and relaxed terms and conditions at upcoming renewals, according the three largest reinsurance brokerages.

During separate weekend briefings at the 2014...
14 I 09 I 2014

 The insurance industry is discussing plans to set up a fund to compensate hit-and-run victims in Bahrain. A proposal is for all insurers in the Kingdom to contribute 1% of their motor insurance revenue into a...