Guest blog: GCC markets and the 2012 Crystal Ball

Dubai

While The Cooperation Council for the Arab States of the Gulf markets, or GCC as they are known, return to a semblance of what was pre-financial crisis normality as they knew it, the race to write more for less will certainly continue.

There is international reinsurance capacity to support this. However, the proverbial will in future, again, hit the fan and we will find some other plausible scapegoat for declining technical

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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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