Host Rob Chaplin and colleague Caroline Jaffer provide “The Standard Formula” listeners with an overview of prudential solvency regimes in five Middle East jurisdictions — the United Arab Emirates, Saudi Arabia, Qatar, Bahrain and Oman — during the fifth edition of the podcast's yearlong review of global insurance regimes. We discuss the regulatory frameworks and market conditions in each region and explore why the Middle East is expected to grow significantly as an insurance hub over the coming years, thanks in part to "financial See more +
Host Rob Chaplin and colleague Caroline Jaffer provide “The Standard Formula” listeners with an overview of prudential solvency regimes in five Middle East jurisdictions — the United Arab Emirates, Saudi Arabia, Qatar, Bahrain and Oman — during the fifth edition of the podcast's yearlong review of global insurance regimes. We discuss the regulatory frameworks and market conditions in each region and explore why the Middle East is expected to grow significantly as an insurance hub over the coming years, thanks in part to "financial free zones," which operate with a significant degree of regulatory and legal independence from state-level authorities. See less -