MIDDLE EAST INSURANCE

March 22, 2007 at 2:39 am | Posted in Arabs, Financial, Globalization, Middle East | Leave a comment

INTERNATIONAL INSURANCE INDUSTRY LEADERS TO ADDRESS MORE THAN 300 DELEGATES AT THE MIDDLE EAST INSURANCE FORUM

4^th Annual Middle East Insurance Forum

8 & 9 May in the Kingdom of Bahrain

Arab Re-Insurance Group (ARIG) announced as Re-Insurance Partners

Leading industry figures from across the globe will join the Governor of the Central Bank of Bahrain to address participants during the 4^th Annual Middle East Insurance Forum, to be held on 8 & 9 May in the Kingdom of Bahrain.

HE Rasheed M. Al Maraj, the Governor of the Central Bank of Bahrain will deliver the Inaugural Address at the Opening Ceremony on the 8^th of May. The focus of this session will be on the Changing Insurance Landscape and Assessing Key Global & Regional Trends of Liberalisation, Supervision & Competition.Andre Arrago, Member of the Executive Board of Hannover Re, Germany, and Sameer Al Wazzan, Chief Executive Officer, Solidarity will discuss the key risks and opportunities in the Middle East insurance markets, future outlook for industry growth and how to tackle the challenge of low insurance penetration levels in the Middle East.

Abdul Rahman Al Baker, Executive Director Financial Institutions Supervision, Central Bank of Bahrain, will lead the significant Regulatory Roundtable which will stimulate debate and discussion on Strengthening the Supervision Framework in the Insurance Industry.

In addition to these high profile speakers, the MEIF audience will get to hear from senior executive decision-makers from major international & Arab insurance and reinsurance companies, conventional & Islamic banks, industry regulators, and influential policy makers.

Now in its 4^th year the Middle East Insurance Forum (MEIF 2007) is the region’s largest and most significant platform for the international and regional insurance industry to assess the potential and seize new growth opportunities in the dynamic Middle East insurance market. Arab Insurance Group (ARIG) – one of the largest Arab-owned reinsurance organizations in the Middle East and North Africa (MENA) region, with a sound reputation as a dependable partner for the insurance industry in the region; has joined MEIF 2007 as Re-Insurance Partners, together with Solidarity as Takaful Partner, Ernst & Young as Gold Partner & Workshop Leaders and MedGulf as Gold Partners for the conference.

With some experts projecting that growth in the Middle East insurance market will be substantially above international norms over the long term, the current landscape of low insurance penetration levels in the region could rapidly change fuelled by exciting growth across the markets for Life and General products.

The 4^th Annual Middle East Insurance Forum is where the market leaders will gather to chart the key trends and capitalise on new opportunities that will shape the direction of the regional insurance industry.

-Ends-

MEGA is the market leading business information firm focused on achieving business results for the Middle East 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.

For further information, please contact:

Zainab Hasan
Marketing & Media Manager
Middle East Global Advisors (MEGA)
Tel: +9714 3431200
Email: zainab@megaevents.net

Neena Punnen Neena.Punnen@hillandknowlton.com

Wednesday, March 21, 2007

Middle East Global Advisors (MEGA)

March 20, 2007