Insights Articles

Why MENA’s push for renewable energy presents a major opportunity for reinsurance

July 26, 2022 | London, UK

Countries in the Middle East and North Africa (MENA) have made clear their plans to exploit their abundant natural resources, in a bid to make the region a major hub for renewable energy. As these large-scale plans are implemented, they will present new challenges and opportunities for the reinsurance industry. In this latest JENOA Insights article, we take a look at a selection of the projects already well under way and examine the Insurance opportunity that they present.

Strain on the supply chain – what should reinsurers be doing about it?

June 21, 2022 | London, UK

The global supply chain is creaking under the strain of a series of heavy blows that have landed over the last two years. The insurance implications of all these business interruptions are significant. In this latest JENOA Insights article, we look at some supply lines that have been hit particularly hard and assess their impact on the reinsurance sector.

Insurance at a time of heightened political risk

May 27, 2022 | London, UK

Recent conflicts around the world have heightened political risk for insurers and policyholders alike. In this article we examine how such geopolitical events impact the risk landscape in general, and how they potentially affect the insurance market in the long term.

How political risk shapes the reinsurance market

May 9, 2022 | London, UK

Total insured losses for the first quarter of 2022 could peak at close to US$ 30 billion. The combination of the ongoing situation in Ukraine and natural catastrophes in Europe, Japan and Australia has taken a heavy toll.

Managing the risk of MENA’s rising flood problem

April 27, 2022 | Dubai, UAE

The Middle East and North Africa (MENA) is witnessing some of the true consequences of climate change right now . . . and has been doing so for some years already. More frequent and severe flooding from torrential rain and rising sea levels is causing losses of business and property to rise year-on-year.

How will autonomous vehicles impact the insurance industry?

April 12, 2022 | Dubai, UAE

Connectivity is opening up options for increasing levels of automation in mobility. Advanced Driver Assistance Systems (ADAS), such as emergency braking and lane departure warnings, have been available for years, but as we move from assistance systems to automation systems, where will the next phase of connectivity and automation take us? More importantly, what are the long-term implications of this evolution for the insurance industry?

Insuring the future of renewable energy

March 17, 2022 | Dubai, UAE

The MENA region is set to become one of the global hubs for renewable energy over the coming years. With a host power projects already planned or already under way, it is well positioned at the forefront of the drive for a transition to net zero by 2050. This presents a huge opportunity, not only for investment and employment, but also for insurers to provide coverage for this burgeoning industry.

ESG trends in 2022: an insurance perspective

March 4, 2022 | Dubai, UAE

Pressure on insurance companies to act on ESG, however, is not driven exclusively by environmental issues; good governance and transparency, often accompanied by sector regulation, is another important element in a corporation’s drive towards openness and benefiting the common good. In this article we look at how ESG affects the insurance sector.

MENA reinsurance trends 2022: High mobility characterises regional outlook

February 16, 2022 | Dubai, UAE

While the outlook for the global reinsurance sector is enjoying an improved rating, the regional outlook for the Middle East and North Africa and GCC regions has been characterised by relatively high mobility in a difficult landscape.

A brighter market ahead?

February 3, 2022 | London, UK

Early indications from New Year renewals better than expected. Global property and casualty reinsurance rates have continued to climb sharply as we come through the new year renewals season, beating many analyst estimates. What does the year ahead hold for the sector in the Middle East.

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