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Arab insurers hold 28th Conference.

Under the Royal Patronage the 28th General Arab Insurance Conference (GAIC) concluded its sessions at King Hussein Bin Talal Convention Center on the shores of the Dead Sea.

Deputizing for HM King Abdullah II, Prime Minister Samir Rifai on Monday opened the 3-day event that brought together 1,600 insurance experts from 46 countries to discuss a wide range of issues including the latest developments in the insurance industry and its role in the overall Arab development. The conference

attracted brokers, agents, loss adjustors, lawyers, insurance regulatory bodies, representatives of many financial services institutions and other experts in the insurance and reinsurance industry from across the globe and allowed them to have an in-depth look into the latest news and industry trends emerging from the Middle East and North Africa MENA region.

On the sidelines of the conference organized by the General Arab Insurance Federation (GAIF) in cooperation with Jordan Insurance Federation (JIF), four cooperation agreements were signed in the aim of developing the KingdomAAEs insurance market. The agreements were signed with the Emirates Insurance Association, the Palestinian Insurance Federation, the Egyptian Insurance Federation and the Syrian General Insurance Company. Chairman of JIF Jawad Hadid said in a press release that such agreements aim at enhancing local insurance markets and exchanging expertise, information and legislation of insurance operations and technical applications between Jordan and the signing countries

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Publication:The Star (Amman, Jordan)
Article Type:Conference news
Date:Jun 11, 2010
Words:243
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