-

AM Best’s Annual Market Briefing on State of MENA (Re)Insurance Markets Returns to Dubai

LONDON--(BUSINESS WIRE)--AM Best’s annual MENA Insurance Market Briefing will be held on 18 October 2020, at 9:00 a.m. (GST), at The Address Boulevard in Dubai to discuss the insurance and reinsurance markets of the region.

The Middle East and North Africa (MENA) region’s (re)insurance markets can be characterised as highly competitive and fragmented. Economies across the region are highly sensitive to energy prices as well, with many having a high correlation between oil prices and GDP growth. AM Best in early 2022 revised its market segment outlook on the Gulf Cooperation Council Insurance (GCC) region to stable, as insurers have largely demonstrated resilience in the face of the COVID-19 pandemic and subsequent economic disruptions. These issues and other market forces will be discussed at the briefing.

Peter Englund, senior executive officer, Middle East, Zurich Insurance Company Ltd, will deliver the keynote presentation at the event, titled, “Operating in the DIFC Over the Years.” Additionally, senior members of the AM Best team will review recent developments in the MENA region and try to anticipate their impacts in the short-to-medium term.

The event will conclude with a networking lunch for attendees to connect with AM Best and other industry professionals. To view the agenda and register, please visit http://www.ambest.com/conferences/imbMENA2022.

To preview the briefing with a recent discussion on the state of MENA (re)insurance markets, with Vasilis Katsipis, general manager, market development, in AM Best’s Dubai office, please go to http://www.ambest.com/v.asp?v=ambmena822.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2022 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Edem Kuenyehia
Director, Market Development & Communications
+44 20 7397 0280
edem.kuenyehia@ambest.com

Industry:

AM Best

Release Versions
English

Contacts

Edem Kuenyehia
Director, Market Development & Communications
+44 20 7397 0280
edem.kuenyehia@ambest.com

More News From AM Best

AM Best Places Credit Ratings of Jet Insurance Company Under Review With Developing Implications

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Jet Insurance Company (Jet) (Charlotte, NC), following the close of the acquisition of Jet by Amherst Specialty Insurance Company (ASIC) on Dec. 15, 2025. Jet provides property/casualty coverage, primarily surety bonds, in the admitted market and is joining ASIC as a 100% wholly owned subsidiary...

December Issue of Best’s Review Ranks Top 25 US Ocean Marine and Inland Marine Writers and More

OLDWICK, N.J.--(BUSINESS WIRE)--The December issue of Best’s Review includes the following exclusive rankings: Top 25 United States: Ocean Marine Writers Inland Marine Writers Fire and Allied Writers Allied Lines (Total) Writers Property Catastrophe Risk Writers All Other Lines Writers Top 25 U.S. Products Liability: Occurrence Writers Claims-Made Writers Total Writers Top 25 U.S. Commercial Multiperil: Non-Liability Writers Liability Writers Total Writers Top 25 U.S. Property/Casualty: All Ind...

AM Best Places Credit Ratings of Vantage Risk Ltd. and Its Affiliates Under Review With Developing Implications

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Vantage Risk Ltd. (Bermuda) and its affiliates, Vantage Risk Specialty Insurance Company and Vantage Risk Assurance Company (both domiciled in Wilmington, DE), which do business as Vantage Group. These Credit Ratings (ratings) reflect Vantage Group’s balance sheet strength, which AM Best assess...
Back to Newsroom