gulfinsurancemagazine.com

Gulf Insurance & Reinsurance Magazine

Content on this page requires a newer version of Adobe Flash Player. Our Market and Anarchy. It is no secret that the last few years have. Been very competitive in the GCC insurance. Market. Whether it is because of the global. Economic downturn, the Dubai property. Crash, the Arab Spring, or too many insurance. Companies and brokers in the market. London / Int'l News. The Power of Distribution. Focus: Feedback and outlook from Bahrain's Insurance leaders. The Gap between Fiction and Reality.

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Content on this page requires a newer version of Adobe Flash Player. Our Market and Anarchy. It is no secret that the last few years have. Been very competitive in the GCC insurance. Market. Whether it is because of the global. Economic downturn, the Dubai property. Crash, the Arab Spring, or too many insurance. Companies and brokers in the market. London / Int'l News. The Power of Distribution. Focus: Feedback and outlook from Bahrain's Insurance leaders. The Gap between Fiction and Reality.

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2 business of risk

3 middle east news

4 upcoming conferences

5 photo gallery

6 cover stories

7 the environment and

8 business

9 critiques

10 regional round up

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Gulf Insurance & Reinsurance Magazine | gulfinsurancemagazine.com Reviews

https://gulfinsurancemagazine.com

Content on this page requires a newer version of Adobe Flash Player. Our Market and Anarchy. It is no secret that the last few years have. Been very competitive in the GCC insurance. Market. Whether it is because of the global. Economic downturn, the Dubai property. Crash, the Arab Spring, or too many insurance. Companies and brokers in the market. London / Int'l News. The Power of Distribution. Focus: Feedback and outlook from Bahrain's Insurance leaders. The Gap between Fiction and Reality.

INTERNAL PAGES

gulfinsurancemagazine.com

1

Gulf Insurance & Reinsurance Magazine

http://www.gulfinsurancemagazine.com/dont_shoot.html

DON'T SHOOT THE MESSENGER. It happens every time. A major loss occurs and what do you know? Everybody blames the broker. Our apologies, the messenger. This is an unusual market place we live in the Middle East. Largely unregulated, hugely fragmented, each market, underwriter, broker, and regulator each with their own agendas. When competing for a piece of business, it’s a summon to War. Call the broker, send them the underwriting information, to the front lines! We want our money now! This is not to say ...

2

Gulf Insurance & Reinsurance Magazine

http://www.gulfinsurancemagazine.com/market-anarchy.html

Our Market and Anarchy. It is no secret that the last few years have been very competitive in the GCC insurance market. Whether it is because of the global economic downturn, the Dubai property crash, the Arab Spring, or too many insurance companies and brokers in the market, many in the region’s insurance fraternity will admit anarchy is upon us and the market is set to pay dearly. Away their first year marketing budgets. Property rates in markets such as the UAE and Bahrain have dropped as low as 0&#46...

3

Gulf Insurance & Reinsurance Magazine

http://www.gulfinsurancemagazine.com/danger.html

THE DANGER OF MIXING CLAIMS WITH PREMIUM. Companies beware. If what you are about to read rings a bell, take action now! What is a claim? Finally, your brokers are not a bank and are not obliged to fund a single dollar of premium on behalf of a cedant nor mix and match accounts with other cedants on reinsureds’ behalf. This creates unfair E&O exposure and no broker with a sense of corporate governance will agree to undertake such an exercise. Do so at your own risk! The Power of Distribution. Don't shoot...

4

Gulf Insurance & Reinsurance Magazine

http://www.gulfinsurancemagazine.com/gallery.html

GAIF Conference 2008 - Photo Album. 5th Annual Middle East Insurance Forum 2009 - Photo Album. Bahrain Insurance Association Conference 2009 - Photo Album. T'azur launch event 2009- Photo Album. 6th Annual Gulf Insurance Forum 2009 - Photo Album. 6th Annual Middle East Insurance Forum 2010 - Photo Album. 7th Annual Middle East Insurance Forum 2011 - Photo Album. 8th Annual Middle East Insurance Forum 2012 - Photo Album. The Power of Distribution. The Gap between Fiction and Reality. What is a PPW?

5

Gulf Insurance & Reinsurance Magazine

http://www.gulfinsurancemagazine.com/rated1.html

A RATED, ABSOLUTELY GUARANTEED NOT TO PAY YOUR CLAIM. There has been much debate as to whether rating exercises undertaken by major rating agencies truly serve the general insurance market place, especially in the Middle East. While adequate weight is given to the balance sheets and general financial strength of insurance and reinsurance companies, seldom do rating agencies assess the qualitative impact made by these underwriters in the markets in which they operate. Just because an underwriter is highly...

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Content on this page requires a newer version of Adobe Flash Player. Our Market and Anarchy. It is no secret that the last few years have. Been very competitive in the GCC insurance. Market. Whether it is because of the global. Economic downturn, the Dubai property. Crash, the Arab Spring, or too many insurance. Companies and brokers in the market. London / Int'l News. The Power of Distribution. Focus: Feedback and outlook from Bahrain's Insurance leaders. The Gap between Fiction and Reality.

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