GAIF 35 recommends Arab insurance growth
The 35th General Arab Insurance Federation (GAIF) Conference in the Dead Sea concluded with recommendations to strengthen the Arab insurance industry. These include developing tools to manage emerging risks, utilizing artificial intelligence, expanding insurance coverage, building competencies, and promoting cooperation and data exchange among Arab markets. It was also announced that Bahrain will host the sixth General Conference in 2028, followed by Morocco in 2030. The event saw the participation of 2,155 individuals from 48 countries. The recommendations emphasize the importance of addressing cyber risks and natural disasters, the need to develop innovative solutions, facilitate data sharing, and enhance the skills of industry professionals—all essential for bolstering the role of the insurance sector in Arab economic development.
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