Exciting Insights on MENA Insurance Markets from AM Best
Insights into MENA Insurance Markets from AM Best
AM Best is set to host a significant briefing focused on the insurance marketplaces of the Middle East and North Africa (MENA). This event will take place at a prominent venue in Dubai, where industry experts will gather to delve into recent trends and developments.
Panel of Industry Leaders to Share Expertise
A standout feature of the event will be a panel composed of chief executive officers from some of the leading insurance companies in the United Arab Emirates. Key figures such as Abdellatif Abuqurah from Dubai Insurance, Jason Light from Emirates Insurance, Charalampos Mylonas of Abu Dhabi National Insurance Company (ADNIC), and Dr. Ali Abdul Zahra from National General Insurance (NGI) will share their insights. Their diverse experience offers a broad perspective that attendees will find invaluable.
Latest Developments in MENA Insurance
This annual regional market event is an important occasion for AM Best analysts and executives to engage in discussions about the implications of recent changes in the MENA insurance landscape. Through this dialogue, attendees will gain a clearer understanding of what the future may hold.
Key Highlights of the Event
Shivash Bhagaloo, a managing partner of Lux Actuaries & Consultants, will also take the stage to present his observations regarding the implementation of IFRS 17, bringing an essential regulatory perspective to the discussions. Alongside this, the event will feature insightful commentary on the current state of the global reinsurance sector as well.
Addressing Recent Challenges
The conference will not shy away from addressing recent challenges, including the significant floods in the UAE that occurred in April 2024. Discussions will revolve around the insurance ramifications stemming from such major events, highlighting the importance of resilience in the insurance industry.
Networking Opportunities Abound
Set to commence in the Diamond Ballroom, the registration begins at 9:00 a.m. GST, followed by introductory comments at 9:30 a.m. This will be an excellent opportunity for networking among peers in the insurance and reinsurance sectors.
About AM Best
AM Best is renowned as a global credit rating agency, specializing in insurance. With a rich history and a wide client base across more than 100 countries, their expertise extends beyond ratings to encompass comprehensive news publishing and data analytics. Their corporate presence is felt worldwide, with regional offices in key cities including London, Amsterdam, Dubai, Hong Kong, Singapore, and Mexico City.
For those interested in staying updated on AM Best's initiatives and findings, further information can be obtained from their official website.
Frequently Asked Questions
What is the focus of the AM Best briefing in Dubai?
The briefing will focus on the state of the MENA insurance markets and discuss recent developments in the industry.
Who are the panelists at the AM Best event?
The panel will include CEOs from leading UAE insurance companies, providing diverse insights into the market.
What is the significance of IFRS 17?
IFRS 17 represents a significant regulatory change in insurance accounting, impacting financial reporting in the industry.
How will recent floods be addressed in discussions?
Discussions will explore the insurance implications and lessons learned from the major flooding events in the UAE.
How can one register for the briefing?
Registration can be completed through AM Best's official website, where additional event details are available.
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