GAIF aims to raise technical standards

GAIF aims to raise technical standards

The General Arab Insurance Federation (GAIF) is working on improving technical standards among its members, according to Mr Chakib Abouzaid, the secretary general of the organisation.

MENA: insurance market slowdown in 2018

MENA: insurance market slowdown in 2018

The insurance written premiums in the Middle East and North Africa (MENA) reached 56.965 billion USD in 2018 against 58.936 billion USD in 2017, thus decreasing by 3.5%. Global premiums, however, rose by 4.8%.