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AM Best Briefing in Bahrain to Explore State of MENA Insurance Markets

News Desk 2 09/10/2024 0

AM Best will host a briefing focused on the insurance markets of the Middle East and North Africa (MENA) on 18 November 2024, at the Crowne Plaza Manama in Manama, Bahrain. The event is being held in association with the Bahrain Insurance Association. At the event, senior AM Best analysts

NEWS DESK

AM Best Briefing in Dubai to Explore State of MENA Insurance Markets

News Desk 1 08/10/2024

AM Best will host a briefing focused on the insurance markets of the Middle East and North Africa (MENA) on 20 November 2024, at Kempinski Central Avenue in Dubai. At this annual regional market event, senior AM Best analysts and leading executives from the (re)insurance industry will discuss recent developments in the MENA region’s markets and […]

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Best’s Market Segment Report: Sub-Saharan Africa’s Reinsurers Resilient

News Desk 1 26/09/2024

The underwriting results of sub-Saharan Africa’s reinsurers have continued their trend of year-on-year improvement, benefitting from robust pricing actions on loss-affected lines of business, as well as the global hardening of the reinsurance market, according to a report from AM Best. The Best’s Market Segment Report, “Sub-Saharan Africa’s Reinsurers Resilient

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Uzbekinvest Acquires Risk and Capital Modelling Capabilities From Ultimate Risk Solutions

News Desk 2 31/07/2024

Ultimate Risk Solutions (“URS”) is proud to announce its important contribution into assisting Uzbekinvest Export-Import Insurance Company of Uzbekistan (“Uzbekinvest”) in attaining their stable AM Best credit rating. Through the development of advanced risk models of Uzbekinvest’s insurance and reinsurance lines of business, including catastrophe risk, URS has contributed

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Best’s Market Segment Report: AM Best Maintains Stable Outlook on Insurance Markets

News Desk 2 30/04/2024

AM Best is maintaining its market segment outlook for the insurance markets of the Gulf Cooperation Council (GCC) at stable. In its new Best’s Market Segment Report, “Market Segment Outlook: Gulf Cooperation Council Insurance”, AM Best notes that growth prospects for the insurance sector remain plentiful as new insurable risks enter the market while high oil […]

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AM Best to Speak, Sponsor and Exhibit at Dubai World Insurance Congress 2024

News Desk 2 22/04/2024

AM Best will join a series of roundtable sessions, as well as sponsor and exhibit, at the annual Dubai World Insurance Congress, which will take place 29-30 April 2024, in Dubai. Roundtable discussions with participation from key AM Best executives include: AM Best is a silver sponsor of the annual Dubai World Insurance Congress, which will […]

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Best’s Commentary: UAE Insurers Adapt to Changing Weather Trends

News Desk 2 18/04/2024

AM Best expects the recent extreme weather that caused severe flash flooding in the United Arab Emirates (UAE) to prompt swathes of claims for motor, property and business interruption insurers in the region. However, a new Best’s Commentary, “UAE Insurers Adapt to Changing Weather Trends as Latest Flooding Costs Mount,” suggests low insurance penetration,