In our third MENA Insights interview Fadi AbuNahl, chief executive of Trust Re, describes how the MENA re/insurance market has developed in recent years and what has prompted greater risk retention within the underlying market. He thinks there is plenty of reinsurance premium to go around but cautions against competing on price alone.
This continues our new series of video interviews with an esteemed panel of experts from the Middle East and North Africa region. The MENA Insights interviews, conducted by Guy Carpenter, offer a snapshot of how re/insurance in MENA is developing and the many opportunities for re/insurers. The series is intended to help set the agenda ahead of the September meeting of the General Arab Insurance Federation (GAIF) in Egypt.