Middle East
Crawford hires forensic accountant to lead BI adjusting team
Claims management firm Crawford & Company has recruited forensic accountant Ian Hasson from Pricewaterhouse Coopers.
Coronavirus claims 18 lives in Saudi Arabia
The coranavirus, which is similar to Severe Acute Respiratory Syndrome, has caused the deaths of 18 people in Saudi Arabia.
Clements creates insurance marketplace for UN staff
Clements Worldwide has launched a web-based marketplace, to provide insurance protection to the United Nations Federal Credit Union’s 100 000 members.
Marine: Tidal waves
Still reeling from recent huge losses, marine insurers cannot increase rates due to over-capacity – but is the outlook for the sector as negative as it seems?
Marsh appoints Mena business development head
Marsh has appointed Neil Irwin to lead the firm’s business development across its Middle East and North Africa region.
Marsh seeks to extend MENA operations with appointment
Marsh has appointed Neil Irwin to lead the firm’s business development across its Middle East and North Africa region as the broker plans to extend its insurance and risk management services in the region.
Opinion: White lies, black lies & statistics
Ms. Nyman’s recent piece in Insurance Insight entitled, “UAE Insurance Sector Expected to Grow in 2013” proved interesting to read for a number of reasons.
Markel International hires professional risks specialist
Markel International has appointed Bhavik Desai as an underwriter in its professional and financial risks division.
WHO issues virus warning
The World Health Organisation has said the novel coronavirus, which is similar to SARS, can pass between humans.
UAE insurance sector expected to grow in 2013
The regulatory environment for insurers in the United Arab Emirates is challenging but should not scupper growth in the short term, according to AM Best.
SARS-like virus kills five in Saudi Arabia
Five people have died and two are ill in Saudi Arabia after contracting a SARS-like virus.
International motor policies should cover political violence says Clements
Car owners need to be alert to the threat political violence poses to their vehicles, according to Clements Worldwide.
Zurich extends HSBC bancassurance deal to GI products
Zurich has extended its distribution deal with HSBC in the Middle East to include general insurance personal lines products.
Brokerslink launches employee benefits practice group
International broking network Brokerslink launched a a Global Employee Benefits Practice Group on Thursday.
M6.3 earthquake hits Iran's southwest coast
An magnitude 6.3 earthquake struck 55 miles southeast of Bandar Bushehr near Iran’s southwest coast on April 9.
Diversified economy helps Kuwaiti insurers but challenges remain
Kuwait’s bid to balance its revenue sources through the development of non-oil sectors, along with more stringent regulation of the insurance market, will have beneficial consequences for the nation’s insurers, according to research by Timetric.
Kidnap & Ransom: Forewarned is Forearmed
With instances of kidnapping for ransom on the rise in certain parts of the world, it’s more important than ever for firms to ensure they have adequate cover.
E&Y welcomes long term financing consultation
Ernst & Young has joined Insurance Europe in welcoming the green paper on long-term investment issued by the European Commission yesterday.
New risks threaten emerging market progress
Despite resilient growth, estimated at 5.1% in 2013, and improved sovereign and external fundamentals, emerging country risks have not disappeared altogether, according to Coface.
Emerging market megacities will be "gamechanger" says Swiss Re
Eight of the top megacities in the world will be in emerging markets by 2025, according to Swiss Re.
Middle East enters 'new order' after Arab Spring
Political risk across 13 countries has eased in the post-Arab Spring world according to Aon’s annual political risk map.
Clements opens Dubai office
Clements Worldwide has launched an operation in Dubai, its first on-the-ground location in the MENA region.
Overseas buyers behind surge in transactional risk insurance
Demand for transactional risk insurance grew by 41% globally in 2012 as firms increasingly turned to the insurance market to protect large deals and cross-border acquisitions or sales.
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven days.