October 18, 2017

Market Surveys

Market Surveys

The Advantage of Technology in Health

Health insurers and brokers alike need to buy in to the importance of harnessing technology to improve communication with insureds and increase retention, writes Tarek Bayaa. There is little love lost between insurers and the insured—poor customer service, tedious paper-based processes, and litanies of policy information (that might as well...

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Battle on, Egypt

The insurance industry in Egypt is quite resilient, being among the oldest markets in the region. A Premium report. Egypt has seen its fair share of struggles. For a country of 93.3 million in population with a GDP of USD333 billion1 and 4.3 percent growth, Egypt is still plowing ahead...

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GCC Islamic Insurers Face Slowdown

S&P’s latest report states that underwriting profitability remains the key issue for Islamic insurers in the GCC. Following years of annual growth in gross premiums of up to 20 percent in the Islamic (takaful and Islamic cooperative) insurance sector in the Gulf Corporation Council (GCC), growth slowed significantly to less...

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Still Spirited

Is Oman still an oasis of opportunity when it comes to insurance? A Premium report. Oman is one of the countries that have had to make a big shift in terms diversifying from its dependence on oil. The efforts are paying off, with a national focus to develop five industries:...

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The Age of Technology

Swiss Re’s latest Sigma report suggests that digitalisation is now blurring lines between industries with connections between different market places, supply chains and financial networks. A Premium report. The impact of digitalisation extends beyond the insurance value chain itself to the whole business ecosystem in which insurers operate. Industry boundaries...

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Headwinds amidst growth

S&P’s latest insurance briefing analysed the markets within the GCC region. A Premium report. “In today’s fast moving global business environment effective human capital and knowledge management have moved from a nice thing to do in the past to a business critical task. It is a challenge, in this particular...

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Cautious Approach Ahead

The Kuwait insurance industry has many opportunities for growth lined up but requires cautious action by the insurance industry. A Premium report. The Kuwait insurance industry has been relatively unexplored due to the lack of data and focused regulator. The sector is currently regulated by the Ministry of Commerce and...

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In the rush for compliance…

UAE listed insurers are navigating their way to profitability amidst regulatory pressures, asserts S&P in their latest report. Underwriting profitability for listed insurers in the United Arab Emirates (UAE) has returned in 2016 for the market as a whole, with an average combined ratio of 99 percent. But while the...

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Formidable in performance

From geopolitical scenarios to reduced trade, tourism and investor sentiment, Jordan’s insurance industry still looks to the horizon with positive sentiment. A Premium report. Jordan has been among the countries worst affected by conflict in Iraq and Syria, leading to border closure and ensuing financial implications. However, the insurance industry...

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Pulse 2017: A Bullish View

The MENA Insurance Pulse 2017, features a far more positive perception of the insurance market, with a few surprises. A Premium report. The MENA Insurance Pulse 2017, previously known as the MENA Insurance Barometer was launched recently by Dr. Schanz, Alms and Company. The study surveys perceptions of the regional...

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