28th Federation of Afro-Asian Insurers and Reinsurers will take place in Abu Dhabi from November 19 to 22, 2023.
Moreover, the Emirates Insurance Association and the African and Asian Insurance and Reinsurance Association are the organizers of F.A.I.R.
The Department of Culture and Tourism is also a supporter for this event represented by the Abu Dhabi Convention and Exhibition Bureau.
Mentioning that the event will be held at the Abu Dhabi National Exhibition Centre.
The Federation will bring together over 800 executives and decision-makers from the global insurance and reinsurance industry.
As well as active participation from the UAE insurance market.
28th Federation of Afro-Asian Insurers and Reinsurers key topics.
Including the role of the global reinsurance market and its impact on insurers.
As well as the role of modern trends and developments in the reinsurance industry.
In addition to underwriters role in launching cyber insurance policies and the green insurance importance.
In fact, artificial intelligence applications play a great role in underwriting, claims, and distribution.
As well as the risk management.
28th Federation of Afro-Asian Insurers and Reinsurers connects business partners and leading speakers.
Khalid Al Badi, chairman of the organizing committee of the Federation, said:
The event is one of the most important conferences on insurance and reinsurance.
Not only at the local and Arab levels, but also at the global level.
He added that the Federation provides an exceptional opportunity to connect with business partners and leading speakers.
Al Badi said that the UAE’s victory in hosting this important event reflects the good reputation of the UAE insurance market.
Since international institutions consider it as one of the most distinguished insurance markets at the regional and global levels.
He added that the role of the insurance industry in the UAE is growing year after year.
In light of a set of advanced legislation and regulatory instructions that are in line with economic growth.
And also regional and global changes.
It is worth noting that the UAE market is the largest in terms of insurance premiums in the Arab world.
The total amount of insurance premiums written in the UAE increased to AED 47.2 billion in 2022.
While it reached AED 44.3 billion in 2021.
The total insurance value increased about 6.5%, according to the Central Bank of the United Arab Emirates.
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