DAMANA News

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...

14 I 09 I 2014

The benefits of insurance are less widely recognised in the GCC than in Malaysia. Social and religious structures in the GCC countries have inhibited the use of insurance as a risk management tool, with demand largely...

04 I 09 I 2014

Middle East insurers facing the region's battles

The threat of political instability is looming large over the Middle East insurance sector, even as it fights its own battles in pricing, retention and education, said speakers at a...
04 I 09 I 2014

The insurance price war that raged in Saudi Arabia during 2012-2013 has now largely ended, although competition to win large, prestigious corporate accounts remains intense, according to Standard & Poor's Ratings...