Karine Cherfane Haddad has been working in the Insurance and Reinsurance field for more than 18 years. She is currently the managing director of “General Reinsurance Services Ltd.” (GRS), a Reinsurance Brokerage Firm based in Lebanon which has been in operation for over twenty years. GRS has its origin back to 1994. Karine Cherfane Haddad is also one of the principal shareholders of the Company.

The GCC market is the hub for Takaful, the biggest number of Takaful companies is around 206 companies exist in the GCC while in the MENA region probably there are only 34. Historically, insurance has not been popular in Islamic countries. Demographic change and other societal transformations are, however, creating market opportunities for Takaful.

TAKAUD is a specialist savings & pensions business serving the national & expatriate community. Incorporated in 2011, it’s first for the region offering provides global investment expertise utilising best in class selected investment solutions developed specifically for the MENA region.

International team with an international presence:Fenchurch Faris Ltd. group photoBy striking a balance between caution and calculated risk and adhering to the fundamental principles of the insurance profession, insurance & reinsurance broker, Fenchurch Faris Ltd., have managed to weather the political and economic storms that have often lashed the Middle East insurance market.

The regional reinsurance market saw rampant competition this year, the entry of a lot of new companies and ample capacity which made conditions tough, according to Mohamed El-Dishish, CEO of Al Fajer Re. Founded in 2008, Al Fajer Re, has a paid up capital of KD 50 million ($176.6 million). The company is supported by its institutional investors, the Dubai.

Azad Yahya Bajger, Chairman of the Board of Directors of both Cihan Bank for Islamic Investment and Finance and Cihan Group, has more than 40 years of experience in Trade, banking and management with extensive experience in Iraq, Middle East, Europe and Asia. No doubt, he is one of the Iraq’s powerful Business Man.

Al Baraka symposium is regularly held each Ramadan where renowned and famous Shari’a scholars, bankers and experts discuss some modern banking transactions and issue some Shari’a opinions (fatwas) and recommendations for the enhancement of Islamic banking and solving its problems. The forum had been held since its first inception in Medinah 1981 and up to-date in different cities, including Al-Madinah Al-Munawarah, Makkah Al-Mukarramah, and Jeddah in addition to Damascus, Cairo, Kuala Lumpur, Beirut, Istanbul, Tunis, Algeria and Jordan.

Insurance and health care touch the lives of nearly everyone in the globe at some point. Whether you obtain medical insurance through your employer, seek consultation with a doctor about an illness, fill a prescription at the pharmacy, take a day of sick leave from work

Leading Indian insurance and reinsurance broking house J. B. Boda is eyeing the African market to serve the insurance needs of Indian companies and investors that are coming to do business in this Continent, recognizing the huge opportunities in the African market.

Mohammad Mazhar Hamadeh, General Manager of Al Ain Ahlia Insurance Company is famed for his flexibility and high profile having both a law degree and long insurance career makes switching experience much easier.

Mohammad Bachar El Zein is the Vice President of the Medgulf Group and its CFO. He is an excellence seeker and today focuses on making both the staff and the management team a stronger and a more cohesive unit.

A cornerstone of the region is the pursuit of business amidst a peaceful environment. There’s no straight line to progress, and hardship always accompanies a season of hope and here comes the need for insurance cover.