The participants are debating the core issues that will shape the future of the Middle East insurance industry. The Forum is being held once again in strategic partnership with the Central Bank of Bahrain and with the support of the Bahrain Insurance Association. This year's gathering is undoubtedly the most critical of its five-year history as the region's major insurance players grapple with a changing economic landscape.
Taking place at an extraordinary time in the international financial markets, MEIF 2009 has set the stage for critical discussions on future growth paths for the regional insurance markets. The Forum is a timely opportunity for industry leaders to review the risks and opportunities in the Middle East insurance markets. Additional discussions are focusing on the role of regulators in further strengthening this market and the future outlook for industry growth. Key global and regional trends have been under the spotlight in view of the current global economic crisis.
The opening keynote session featured perspectives from Abdul Rahman Al-Baker, Executive Director, Financial Institution Supervision Services, Central Bank of Bahrain, Abdul Khalik Raouf Khalil, Secretary General, Arab Insurance Federation (GAIF), HE Dr Bassel Hindawi, Director General, Insurance Commission of Jordan and Chairman of the Arab Forum of Insurance Regulatory Commissions, Husein Mohammed Al Meeza, Managing Director and CEO of AMAN, and Ashraf Bseisu, Chairman, Bahrain Insurance Association and President, General Arab Insurance Federation (GAIF).
The high-profile speakers at the 5th Annual Middle East Insurance Forum are also tackling the challenges of current low insurance penetration levels in the Middle East as well as competition and consolidation in the regional industry and the scope for mergers and acquisitions to strengthen capabilities.
Other industry issues being explored include innovation and development in key products and market segments, the role and opportunity for Captive Management, reinsurance capabilities in the Middle East and the role of process efficiency and technology innovation in delivering superior growth.
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Insurance leaders revise strategies in light of global economic crises at 5th Annual Middle East Insurance Forum
- Bahrain: Sunday, February 08 - 2009 at 16:03
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More than 300 industry leaders gathered for the opening of the two-day 5th Annual Middle East Insurance Forum (MEIF 2009) today at the Gulf International Convention and Exhibition Centre, Gulf Hotel in Bahrain.
Abdul Rahman Al-Baker, Executive Director, Financial Institution Supervision Services, Central Bank of Bahrain.
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Posted by Siba Sami AmmariSunday, February 08 - 2009 at 16:03 UAE local time (GMT+4)
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Notes and Media Contacts »
Speakers on the 8th Feb 2009:
Joseph M Rizzo, General Manager, Bahrain National Insurance, Mohammed Iqbal Mankani, Chief Operating Officer Dubai Islamic Insurance & Reinsurance Co (AMAN) Bashar D. Khatib, Head of Multi-Channel Distribution, t'azur Company and Lutfi Fadel El-Zein, Chairman and CEO, MedGulf ,Yassir Albaharna, Chief Executive Officer, Arab Insurance Group (ARIG) Jamil R. Bahou, Managing Director, Crescent Global, Chakib Abouzaid, Chief Executive Officer ,Takaful Re, Giles R. Ward, Regional Managing Director, ACE Insurance MENA, Roger Sellek , Managing Director - Global Financial Services ,A. M. Best Company, Tony Ferguson, Strategy Director
About MEGA:
MEGA is the market leading business information firm focused on achieving business results for the global Islamic banking & finance industry since 1993. The portfolio of MEGA brands represents the landmark industry conferences and our clients are the leading players in the international financial markets.
Media contact:
Naomi Njoroge
Marketing & Media Manager
MEGA
Tel: +9714 3431200
Flossie Pereira
Admin Assistant
Hill & Knowlton, Bahrain
Dir: +973 17533532 ext 312
Fax: +973 17533370 / 17531747 / 17536568
Joseph M Rizzo, General Manager, Bahrain National Insurance, Mohammed Iqbal Mankani, Chief Operating Officer Dubai Islamic Insurance & Reinsurance Co (AMAN) Bashar D. Khatib, Head of Multi-Channel Distribution, t'azur Company and Lutfi Fadel El-Zein, Chairman and CEO, MedGulf ,Yassir Albaharna, Chief Executive Officer, Arab Insurance Group (ARIG) Jamil R. Bahou, Managing Director, Crescent Global, Chakib Abouzaid, Chief Executive Officer ,Takaful Re, Giles R. Ward, Regional Managing Director, ACE Insurance MENA, Roger Sellek , Managing Director - Global Financial Services ,A. M. Best Company, Tony Ferguson, Strategy Director
About MEGA:
MEGA is the market leading business information firm focused on achieving business results for the global Islamic banking & finance industry since 1993. The portfolio of MEGA brands represents the landmark industry conferences and our clients are the leading players in the international financial markets.
Media contact:
Naomi Njoroge
Marketing & Media Manager
MEGA
Tel: +9714 3431200
Flossie Pereira
Admin Assistant
Hill & Knowlton, Bahrain
Dir: +973 17533532 ext 312
Fax: +973 17533370 / 17531747 / 17536568
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