Middle East
Country review: Turkey
Turkey is one country that has ridden out the economic crisis well and is expecting growth in 2011. Jakki May reports on how the insurance market has seen out the financial storm and what its prospects are.
Zurich hails "milestone" in Middle East expansion as it closes deal
Zurich has announced that its subsidiary Zurich Insurance Company Ltd has completed the acquisition of 99.99% of Compagnie Libanaise D'Assurances SAL, a privately owned Lebanese insurer with branch operations in the United Arab Emirates, Kuwait and Oman.
Zurich hails "milestone" in Middle East expansion as it closes deal
Zurich has announced that its subsidiary Zurich Insurance Company Ltd has completed the acquisition of 99.99% of Compagnie Libanaise D'Assurances SAL, a privately owned Lebanese insurer with branch operations in the United Arab Emirates, Kuwait and Oman.
RFIB sees 13% growth
Lloyd's broker RFIB has credited its 13% growth in turnover for the year ended 30 June 2010 to the performance of its marine and reinsurance divisions.
Andrew King leaves Marsh to join Aon
Andrew King has joined Aon to enhance its claims consulting practice in the UK, and to contribute to the development of services across Europe, Middle East and Africa.
Claims supplement - London Market Modernisation: We've come a long way
The introduction of the electronic claims file system has modernised the way the London market handles losses. Jane Bernstein reports on where these advances may lead next.
EMEA trade credit market
The impact of the financial downturn across Europe is clear to see but even in this uncertain time trade credit has remained buoyant and the future for this market is looking rosy according to Tim Smith.
Marsh signs exclusive agreement to boost offering in Iraq
Marsh has announced that it had signed a mutually exclusive agreement with Anglo Arab Insurance Brokers, the only international broker to be licensed and registered to operate in Iraq with offices across the country.
Haslip returns to Aon Benfield risk strategy team
Aon Benfield has appointed Gareth Haslip as head of the risk and capital strategy team for the UK & Europe, the Middle East and Africa.
Environmental liability - Toxic sludge: No fudge over sludge
The recent high profile toxic sludge incident in Hungary has been described as a 'tragedy' by the country's government. Ralph Savage reports how experts from the rural insurance and legal communities and further afield are assessing the situation.
News analysis - RSA's emerging markets strategy: On the way up
The major UK insurance groups are currently setting out their stalls with regards to emerging markets. Mairi MacDonald met up with RSA's Paul Whittaker and Paul Holmes in Dubai to get the lowdown on its plans for this sector.
Chedid Re forms Lloyd's partnership
Chedid Re and Price Forbes & Partners have entered an association agreement for the insurance and reinsurance placement of upstream and downstream hydrocarbon energy business.
Chedid Re forms Lloyd's partnership
Chedid Re and Price Forbes & Partners have entered an association agreement for the insurance and reinsurance placement of upstream and downstream hydrocarbon energy business.
Aon: energy rates rise over
The rapid price rises in the energy insurance market in response to this year’s massive losses were short-lived and previous trends have been reasserted.
Loss adjuster seals Kuwait tie up
Charles Taylor adjusting has entered an exclusive representation agreement with Neshami, a leading firm of loss adjusters in Kuwait to work together on major insurance losses in the country and the GCC countries.
Zurich expands Middle Eastern operation with swoop
Zurich has signed an agreement to acquire 99.98% of Compagnie Libanaise D’Assurances SAL, a privately owned Lebanese insurer with branch operations in the United Arab Emirates (UAE), Kuwait and Oman.
Zurich expands Middle Eastern operation with swoop
Zurich has signed an agreement to acquire 99.98% of Compagnie Libanaise D’Assurances SAL, a privately owned Lebanese insurer with branch operations in the United Arab Emirates (UAE), Kuwait and Oman.
Global business, hidden danger
The US and EU have new trade sanctions against Iran. (Re)insurers must be aware of both sets of regulations as well as potential for supra-national jurisdiction, argue Jamie Rogers and Pieter van Tol.
Bahrain firms eye UK Takaful tie-up
A joint venture between UK-based distributors and Middle-Eastern insurers is the most successful formula for launching a Takaful operation in the UK, according to the chief executive of the Bahrain Economic Development Board.
ALC Health strikes UAE deal
International medical insurance provider ALC Health has formed a partnership with the Arab Orient Insurance Company to underwrite its worldwide health plan for companies and residents in the United Arab Emirates.
Crawford marks training successes
Crawford & Company's bespoke MBA training programme for future business leaders has produced its first 15 graduates.
Crawford marks training successes
Crawford & Company's bespoke MBA training programme for future business leaders has produced its first 15 graduates.
CII to revamp Indian regulator agents tests
The Chartered Insurance Institute has been invited by the Indian insurance regulator to overhaul its compulsory agents' test in a development the CII expects will be recognised by — and replicated in — other emerging economic powerhouses.
Interview - Sandy Scott: Discovery continues for tireless Scott
As CII chief executive Sandy Scott notches up a decade at the helm of the institute, he talks to Lynn Rouse about change, challenges and his critics, plus the professionalism agenda he is intent on pursuing.