How does ADGM aim to position itself among other financial centres in the region?
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Interviews & Viewpoints | Hemaka Amarasuriya, Chairman, Sri Lanka Insurance: Interview from The Report: Sri Lanka 2017
How has the sector demonstrated its commitment to increase insurance penetration levels?
Articles & Analysis | Steady premium expansion continues in Sri Lanka's insurance sector from The Report: Sri Lanka 2017
These are changing times for Sri Lanka’s insurance sector. Major regulatory moves over the last two years have seen much strengthening and consolidation, with these processes set to continue in the year ahead. Profitability remains high, particularly in the life insurance segment, while in the non-life segment a fiercely competitive...
Articles & Analysis | Changing regulations look to deepen and strengthen Sri Lanka's insurance sector from The Report: Sri Lanka 2017
Recent times have seen the government and private sector take significant steps to strengthen Sri Lanka’s insurance industry. These have involved regulatory measures to make it both deeper and narrower, while outreach campaigns to demonstrate to ordinary citizens the benefits of being insured have been launched. On this latter point, the...
As the first emirate in the UAE to roll out mandatory health coverage, Abu Dhabi’s insurance sector has benefitted from over a decade of strong growth in both the life and general lines, with the UAE home to the region’s largest and most mature insurance market. Still, 2015 was a difficult year for the industry, as underwriters struggled with prevailing low global oil prices, increasing market...
Chapter | Islamic Financial Services from The Report: Abu Dhabi 2017
Abu Dhabi’s sharia-compliant finance sector, traditionally led by its Islamic banking industry, has expanded to include an increasing array of activities in areas such as insurance offerings and asset management. An environment of low oil prices has put pressure on margins in 2016 but, with nearly a quarter of assets in the UAE held by sharia-compliant institutions, the industry is firmly...