Category: Insurance
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When Strategic Partnerships Between an Insurance Broker and an Insurance Company Become Ineffective
Strategic partnerships between insurance brokers and insurance companies have become an essential component of the insurance industry across the Middle East. Such partnerships are designed to create mutual value by combining the broker’s customer relationships, market knowledge, and distribution capabilities with the insurer’s underwriting expertise,… Read more
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“Client First: Why Transparency Is the Real Strength of the Insurance Industry”
Having spent more than three decades working directly with clients in the insurance and reinsurance industry, I understand better than most the concerns raised by some insurers and brokers in response to my recent article. I appreciate that businesses are sensitive to commentary that may… Read more
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War Marine Risks and War Marine Insurance Cover
War and conflict have always threatened ships and cargo at sea. Although modern navigation, satellite tracking and international law have made global trade more sophisticated, the oceans remain vulnerable to political tension, armed conflict and organised violence. When war or hostilities break out, merchant vessels… Read more
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Don’t Be Fooled by the Logo: The Truth About Insurance Pricing in a Regulated Market
In a country with a highly regulated insurance market, the dynamics of choosing an insurer and accepting an insurance policy differ significantly from those in loosely supervised jurisdictions. Where a strong and vigilant regulator oversees solvency, capital adequacy, corporate governance and market conduct, the fundamental… Read more
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Reducing Reinsurance Cost by Avoiding Brokers
(Only advisable for insurers with a highly competent, technically advanced internal reinsurance team) Many insurance companies have begun evaluating whether they can reduce total reinsurance expenditure by placing treaties directly with reinsurers, bypassing the traditional reliance on reinsurance brokers. Direct placement can indeed produce savings under… Read more
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Insurance Briefing Trending in the GCC
What’s trending in the Gulf (including Saudi Arabia) insurance market — a concise briefing The insurance sector across the Gulf Cooperation Council (GCC) and in Saudi Arabia is on the move. Activity is being driven by a mix of regulatory reform, Vision 2030-led infrastructure and… Read more
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Application of Statistics in Insurance Industry
The insurance industry, a cornerstone of financial stability, relies heavily on the meticulous collection, analysis, and application of statistics. This reliance is not merely for operational efficiency but is fundamental to its very existence and profitability. In the competitive and evolving landscape of 2025, the… Read more
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Holding Companies with Different Legal Entities
When a holding company owns numerous insurance companies operating in different countries under the same name but as separate legal entities, several significant risks can arise. These risks primarily stem from the potential for brand confusion, reputational contagion, regulatory arbitrage challenges, operational inefficiencies, and difficulties in… Read more
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The Effects of Continuous Low Solvency Margin in an Insurance Company
One of thee most important matters in any insurance company is the Solvency Margin. A continuous low solvency margin in an insurance company signals significant financial distress and can trigger a cascade of negative consequences, impacting the company’s ability to meet its obligations, its reputation,… Read more
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Aviation Insurance Cover
Aviation insurance is a specialized type of insurance designed to cover the unique risks associated with the operation of aircraft. It’s a critical component for anyone involved in the aviation industry, from airlines and manufacturers to private aircraft owners and airports. The need for this… Read more
