Click here to view PDF
Run-Off: Why it Matters
Michael Kortbawi […]
BSA Ahmad Bin Hezeem & Associates
Click here to view the article in full PDF
Click here to view full article online.
Exclusive interview with Rima Mrad
Commercial Corporate and M&AEmployment Insurance & Reinsurance
Rima Mrad […]
Increased insurance cost due to fires in towers means high prices for flat owners.
Dubai: Billions of dirhams in losses from a spate of spectacular skyscraper fires in Dubai and Sharjah have prompted insurance companies to increase premiums on building owner associations and managing developers four fold, heard […]
As a market participant, it is crucial to effectively communicate with the regulator to avoid pitfalls that arise out of misunderstandings with regard to expectations and applicable standards, explains Barry Greenberg.
Anyone engaged in the UAE insurance market, whether on behalf of an insurer, claims administrator, broker, advisor […]
On Wednesday, 20 July 2016 saw the Sulafa Tower in the Dubai Marina, a 78-storey high-rise residential building, suffer extensive fire damage as a result of the spread of a fire on the exterior of the building.
This building is recorded as having 702 apartments with […]
The Middle East is weathering the tumult of low oil prices. Slowly rising oil prices have restored a degree of calm. Some vital sectors such as construction see an uptake, yet investors remain cautious. Finance and banking are slow to recover. The combination of the recent financial trauma […]
The first half of 2016 has justified what many analysts have forecasted in regards to the shipping insurance sector in the Gulf Region – that it will maintain the trends witnessed in 2015, with one salient exception – Iran. Regional developments have not necessarily spiraled, but economic conditions have not […]
Speaker at Insurance event organised by Reynolds Porter Chamberlain (RPC).
Held in London on 1 June 2016.
Topic: Insurance in Iran
Speaker: Michael Kortbawi, Partner
The topics of discussion were:
Relevance of Iran – demographics, econnomics and insurance players
Legal framework for insurance in Iran – laws, takaful and sanctions […]
The lifting of sanctions in Iran could give a major boost to what is already Mena’s dominant Takaful market – but a lack of transparency and fragmentation in the global Takaful industry is clouding the true extent of its potential.
The easternmost country of the Middle East […]
Speaker at the 25th D&O Liability Insurance Conference.
Hosted by C5, at Grange Tower Bridge Hotel, London, UK on 8 – 9 March 2016.
Topic: The Impact of International Sanctions on D&O Liability Policies
Presenter: Michael Kortbawi, Partner
Michael alongside two other speakers covered:
The Dubai Financial Services Authority (DFSA), which regulates all Financial Services within the Dubai International Financial Center (DIFC), in November, 2015, issued its Consultation Paper No. 103 (CP103), proposing changes in how entities engaged in providing insurance related products and services will be regulated. This is of keen […]
The annual MENAIR Insurance Awards recognise and reward those Mena based insurers, reinsurers and brokers that have demonstrated exceptional customer service and innovative product development over the past 12 months.
Senior Associates, Barry Greenberg and Raghad Hammad attended the awards ceremony, that took place on Wednesday, 27 January […]