Tag: Risk
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Decennial Liability Insurance: Policy Wordings French vs. German
French Decennial Liability Insurance: In France, decennial liability insurance, known as “assurance décennale,” Read more
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The Intersection Between Underwriting and Sales in an Insurance Company
In the context of an insurance company, the intersection between underwriting and sales is a critical aspect of the business. Underwriting and sales are two distinct functions within an insurance company, but they are closely interconnected and play a vital role in the success of… Read more
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Challenges Facing the Insurance Industry in the Near Future
The insurance industry is facing a myriad of challenges that are likely to impact its operations in the near future. Read more
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Signs of Probable Faulting Insurance Company
1. Declining Financial Performance. 2. Regulatory Actions. 3. Ratings Downgrades. 4. Solvency Concerns… Read more
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Insurance market growth in the Arabian Gulf region in the past couple of decades
The insurance market in the Gulf Arabian region has experienced significant growth over the past two decades. This growth can be attributed to various factors such as economic development, increasing awareness about the importance of insurance, regulatory reforms, and a growing population. The following statistics… Read more
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Overview of the Arabian Gulf Region Insurance Industry
The Arabian Gulf region, which includes countries such as Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, and Bahrain, has experienced significant growth and development in recent years. This growth has led to a rapidly expanding insurance market, with a variety of insurance companies offering… Read more
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(AI) effect on Insurance Industry and Insurance Jobs
Artificial Intelligence (AI) has the potential to revolutionize the insurance industry in numerous ways, offering benefits such as improved risk assessment, enhanced customer experience, streamlined claims processing, and more efficient operations. Read more
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Insuring the Uninsurables
Insuring the “uninsurables” refers to the challenge of providing insurance coverage for individuals or entities that are typically considered high-risk and may be difficult to insure through traditional insurance methods. These individuals or entities may have a history of high claims, pre-existing conditions, or engage… Read more
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Inexperienced Insurance Management & Board of Directors Vs Regulators
Leading an insurance company to bankruptcy can be a perilous journey for an inexperienced manager and board of directors. The path to financial ruin is often paved with poor decision-making, mismanagement of resources, and a lack of strategic planning. In this response, I will delve… Read more
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Reinsurers’ Expectations for 1st January Renewals and Concerns in Renewals of Middle East Insurance Treaties
As the calendar year comes to an end, the reinsurance industry prepares for the 1st January renewals, which is a significant event in the market. During this time, reinsurers and primary insurers negotiate terms and conditions for the upcoming year’s reinsurance contracts. This comprehensive response… Read more
