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Intelligent Insurer

LEADERS SEE STABLE YEAR AHEAD

digit growth, massive investments and large industrial risks have seen many international insurers and reinsurers flock to centres such as Dubai, Qatar, Saudi Arabia and Bahrain. The excitement peaked two years ago, when the traditionally Bermuda-hosted World Insurance Forum picked Dubai as its first international venue. Since then, the global financial crisis has slowed economies and seen Dubai’s dramatic bailout. So has the Middle East and North Africa (MENA) region lost its shine, or do the opportunities now and in the future remain compelling for the international re/insurance community?

T

he buzz surrounding the Middle East has been growing in recent years. While premiums in the region are just a drop in the ocean from a global perspective, low penetration, double-

Chair: Helen Yates, moderator, Bermuda Re/insurance

Ahmed Rajab, regional director, Middle East and North Africa, Willis Re Christopher Pleasant, managing director, Guy Carpenter

Nick Charteris-Black, director, global financial services, A.M. Best Company

Matthew Chandler, head of market development, International Markets, Lloyd’s Stephen May, chief executive officer, Kane Group Tim Griffin, head of business development, Hardy Trevor Oates, property and engineering underwriter, Canopius

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