December 14, 2018



The Bigger Picture

Cooperation between regulators is key to enforcing supervisory measures within the insurance industry in an attempt to protect the policy holder, opines Pooja Singh. Traditionally, the purpose of life insurance is to provide for dependents in their time of need or during emergencies. In addition, if the policy holder has...


MENA: A Land of Opportunity?

Does the MENA region provide positive prospects for reinsurers with sound underwriting disciplines? Nabil Ben Azzouz examines opportunities that offer growth in the region.             It was a costly year of natural disaster losses as hurricane Harvey, Irma and Maria made landfall in the second half...


Etihad Credit Insurance signs MoU with ICIEC

A focus on manufacturing and SME sectors with a view to provide access to funding and sustainability. A Premium report. After the initial launch in February 2018, the UAE federal body Etihad Credit Insurance (ECI) has officially begun operations with its preliminary collaboration with the Islamic Corporation for the Insurance...

premium-september-2018--medical malpractice

Securing medical professionalism

Ramzi Ghurani looks at the evolution of medical malpractice and its design as a protection system that compensates injury, identifies error and learns from adverse events.  The medical profession is one of the most respected professions in the world. Physicians, surgeons, dentists and other healthcare professionals are placed through rigorous...


The Grey Caveat

Are the non-GCC vehicles menace still damaging Insurers? S. Chalapathi Srinivasan looks at the issues that hamper profitability in the motor line of business. Motor insurance market is full of challenges, all the way from pricing, claims, servicing, technology and aggregation! Recently we received some respite on pricing, owing to...

Motor Insurance discussion by IBG

Enhancing Motor Insurance

The insurance industry tackled various challenges present with respect to motor insurance policies while deriving working solutions for the future at a recently held event organised by the Insurance Business Group. The Insurance Business Group recently organised a seminar on the topic of “Local Challenges and Global Trends in Motor...

A recent decision of the Abu Dhabi Court of First Instance (CFI) has shed new light on the interpretation of recent legislation governing insurance related disputes in the UAE.

UAE’s Evolution of Insurance Related Dispute Resolution

A recent decision of the Abu Dhabi Court of First Instance (CFI) has shed new light on the interpretation of recent legislation governing insurance related disputes in the UAE, write Sam Wakerley, Shane Gibbons and Thomas Neighbour. This article is in reference to Case 1391/2018 and Federal Law No. (3)...


The Bancassurance Reform

The UAE Insurance Authority recently issued guidelines for bancassurance activities for insurance companies in the country. Premium summarises the new regulation and gauges the response of the industry. The UAE Insurance Authority recently passed regulations concerning the marketing of insurance policies through banks, what is more commonly referred to as...


Adapting to an Evolving Insurance Landscape

‘Change is the essential process of all existence’ – Spock As I drive to work and communicate with the world via my Apple Watch, there is absolutely no doubt that smart technology and Artificial Intelligence (AI) is already embedded in our daily lives. As the CEO of a publicly listed...

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