The 8th Middle East Insurance Forum set to Tackle Challenges in the Regional Insurance Industry

Dec. 5, 2011 - PRLog -- As the regional insurance markets continue to open up and multi-national insurers reposition themselves on the world stage, focus is shifting to up-and-coming markets that exhibit high growth potential – with select countries in the Middle East becoming an increasingly important focal point. Although the general outlook for the insurance industry across the Middle East region is positive, challenges exist for regional players from increasing competition as new insurers enter the market placing pressure on maintaining profit margins. There are also concerns for insurers who currently operate in the region as the insurance sector is becoming increasingly fragmented, requiring insurers to concentrate on profitable products and business lines.

It is against this background that the 8th Annual Middle East Insurance Forum (MEIF 2012) will be held on the 7th and 8th of February 2012 at the Gulf Hotel, Kingdom of Bahrain. Hosted in strategic partnership with the Central Bank of Bahrain, the Middle East Insurance Forum has over the last 8 years established itself as the largest and the most influential annual gathering of leaders in the regional insurance industry.

Held under the theme “Transforming Regional Insurance Markets: Building Scale. Boosting Competitiveness. Seizing Growth Opportunities”, discussions at MEIF 2012 will focus on rethinking growth strategies in the context of a challenging economic environment, identifying new trends in the global insurance industry, and renewing the push to capture the huge growth opportunities that exist in the Middle East insurance markets.

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