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Market Monitor UAE: Insurance industry report 2018

The UAE insurance market continued its trend of an overall increase in profitability despite minimal premium growth in 2018.

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Milliman awarded “Service Provider of the Year”

Milliman, Inc., a premier global consulting and actuarial firm, is pleased to announce it was named “Service Provider of the Year” for the fifth consecutive year at theMiddleEastInsuranceReview’s 2018 Middle East Insurance Industry Awards (MIIA).

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Research Report

Implementing IFRS 17 for Takaful companies

As insurance companies prepare themselves for the new accounting standard IFRS 17, Takaful companies are facing significant uncertainty in how to interpret and apply the standard to their business.

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Article

BlockchainUAE: Global healthcare implications

With the Dubai Blockchain Strategy, the United Arab Emirates (UAE) aims to be the first blockchain-powered government by 2020.Programs are already being piloted for migrating key government processes, including healthcare…
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Article

Pakistan: Growth and developments in the insurance sector

The life and non-life insurance industry in Pakistan witnessed continued growth momentum in 2016. Our insight into the market observed similar growth in 2017 that is expected to be carried forward in 2018.
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Newsletter

A quantum leap in benchmarking P&C risk margins under Solvency II

Since the advent of Solvency II, insurers are faced with a number of challenges that can have a potential impact on determining the economic value of their liabilities.
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Article

Access to actuarial education in the Arab world

Currently there are only a few countries in the Middle East offering university-level actuarial science programs.
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Research Report

Market Monitor UAE: Preliminary insurance disclosures, April 2018

The UAE insurance market enjoyed record profitability and strong premium growth in 2017. On a net profit basis, the industry continued to improve for the second year in a row achieving a net profit of AED 1,294m for 2017,…
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Practice leaders

Meet some of the experts leading Milliman UAE

Safder Jaffer headshot

Safder Jaffer

Managing Director and Principal Middle East

Safder is the Managing Director and Principal for Milliman Middle East. He joined Milliman in early October 2009. Safder help set up the Milliman practice in the Middle East with offfices now in Dubai, Abu Dhabi and Riyadh.

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