Middle East
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Arab Spring sparks demand for greater transparency and accountability in Gulf
The Arab Spring may not have spread to the Gulf region in any meaningful way apart from some serious civil…
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Retention levels key to local insurance market development agree experts
Insurance market experts gathered for the MultaQa conference in Qatar last month agreed that growth potential for the GCC countries…
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Gulf cat exposures may need rethink
One of the main reasons why risks in the Gulf region are so attractive to international insurers and reinsurers and…
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Gulf region needs risk management skills to help manage future growth
The Arabian Gulf region (GCC) needs a risk management ‘hub’ to serve the needs of the public and the rapidly…
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Corporate round-up
JLT intends to buy majority interest in Chile broker Corredores de Seguros, Liberty launches new joint initiative to provide war…
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Guy Carp and ABI publish guides to help insurers deal with Solvency II
As Solvency II moves a step closer with the publication of its QIS5 results this week, Guy Carpenter and the…
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Reinsurance market in Gulf expected to grow, research shows
Research by Qatar’s Financial Centre Authority (QFC Authority) predicts that reinsurance capacity in the Gulf Cooperation Council (GCC) region will…
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Credit and surety bond markets bounce back but challenges remain
The credit insurance and surety bond markets are showing positive developments following the financial crisis but challenges still persist, according…
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Liability to expand in Europe despite recent caution
The breadth of legal liability and levels of compensation across Europe are likely to increase in due course, along with…