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Balancing Growth with Profitability


The Middle East insurance markets continue to be propelled forward by comparatively low insurance penetration combined with rapid economic development across the region. Recent analysis has highlighted that total premiums generated by 13 MENA insurance markets grew 17.1% year-on-year to US$31.4bn while overall insurance density lagged international averages by more than 50% and regional insurance penetration was 1.55% - far behind the world average of 6.6% - indicating that there is still significant upside potential for further exciting growth in the Middle East insurance markets.


A Strategic Shift: Maintaining Growth Momentum While Boosting Technical Profitability


The increasingly competitive Middle East insurance market continues to experience a period of significant change as leading industry players implement re-tooled strategies to further translate this huge growth potential into reality. However, the region also has a number of key challenges to tackle if this growth potential is to be fully realized. Even in a high growth driven market such as the Middle East, insurance players are increasingly having to address profitability challenges, including the implementation of more risk adequate pricing levels together with a greater focus on operational efficiency measures as they seek to balance the growth drive with improved profitability. In addition, the question of fragmentation and the need for consolidation amongst an over-supply of small players is also a key challenge that the industry must address if it is to build the scale necessary for long-term success. Furthermore, efforts towards creating an enhanced supervisory framework will enable the sustainable development of the Middle East insurance industry.

Now in its 9th year, the Middle East Insurance Forum (MEIF 2013) is the region’s largest and most significant annual platform for the international and regional insurance industry to assess the potential, tackle the challenges and seize new growth opportunities in the dynamic Middle East insurance markets. Hosted in strategic partnership with the Central Bank of Bahrain, MEIF 2013 will take place on the 4th and 5th of February 2013 at the Gulf Hotel, Kingdom of Bahrain.

More than 500 delegates, representing decision-makers from Arab and international insurance and reinsurance companies, regulatory agencies, brokers, banking and finance organisations, will participate in the Forum. An international panel of expert speakers will tackle the challenge of unlocking new growth opportunities in the regional insurance markets. Key topics that will be discussed at MEIF 2013 include:


The 9th 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.

Sponsorship Opportunities at Middle East Insurance Forum 2013


The 9th Annual Middle East Insurance Forum will provide unrivalled high-impact brand visibility and ensure that you are at the forefront of shaping the future of the regional insurance market. MEIF 2013 also presents a unique opportunity to nurture key client relationships in a substantive and issues- driven programme. To discuss your specific business needs please contact Yasmeen Shah at yasmeen@megaevents.net

New Insights to Shape the Future: Special Group Delegate Packages


More than 500 industry leaders will gather at MEIF 2013. Take advantage of the special Group Delegate packages to send your executive team to participate in the 9th Annual Middle East Insurance Forum. To receive further details on attending the 9th Annual Middle East Insurance Forum please email Edwin Johnson at  edwin@megaevents.net