Middle East Blog: 2012's soothsayer

UAE flag

How I wish that the end of year results would prove me wrong because that would mean that insurance companies in the United Arab Emirates performed better than expected.

I had lunch with a chief underwriting officer of one of the local ‘A' rated insurance companies in UAE recently and, inevitably, our conversation focused mainly on the performance of certain companies

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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