Marwan ALNABOUDA’s Post

The small economy and high proportion of SME businesses in New Zealand present unique challenges for large insurance brokerages. Discover how industry giants Lockton and Steadfast Group Limited are navigating these obstacles and making their mark in the NZ market. https://hubs.la/Q02DLjCH0

KBRA now rates 11 #Florida #insurancecompanies, a number which has grown consistently in recent years. The reason behind our popularity as a #ratingagency in this space? “Given the dislocations in the market, there was a desire for a different perspective,” Peter Giacone, Head of Insurance Ratings at KBRA, told Bankrate recently. “It's not only about competition; it's also about multiple perspectives on a nuanced area like insurance which is always a positive.” Learn more about our #insuranceratings on www.kbra.com or read the full story here https://lnkd.in/eyrTwGJM

"Insuring the Unknown : From Basics to Hidden Gems" Insurance -> Think of insurance like buying yourself an English willow Kookaburra Bat. Because it’s costly & precious , you will always want to keep it safe. It's like paying a small amount regularly to an insurance company so that if something bad happens with your bat, the insurance company helps cover the costs. Reinsurance -> If the insurance company , from which you've purchased policy (let's say, company ABC) , wants to make sure it doesn't face too much risk, it can share that risk with another company through reinsurance. It's a way for insurance companies to stay stable and handle big unexpected events without putting all the burden on themselves. Hidden Gems 😎 1. The concept of insurance has ancient origins. Babylonian traders had a type of insurance that protected them from losses due to theft or other disasters during their journeys. 2. Reinsurance has even extended its reach to space. Companies, such as Munich Re and Swiss Re, have been actively involved in providing coverage for space-related risks. #insuranceindustry #insurance

Discover the journey of Sri Lanka Insurance in 2023 💙💛 Explore how we’ve grown and what lies ahead ... Read more here: https://lnkd.in/gU_Zab9r #SLICLife #SLIC #AnnualReport2023 #Growth #InsuranceIndustry #NewBeginning

The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) has been firmly entrenched as a core part of the #APAC landscape for many years, providing education, training and professional development. But the institute is also witnessing professional development of its own under the guidance of its new head, Ms Katrina Shanks. ✍️ Article written by: Paul McNamara #Insurance #InsuranceSector #InsuranceMarket #Australia #NewZealand #InsuranceIndustry #ANZIIF

"Kshema welcomes more like-minded players as it works to close protection gaps" Read on to know the views of Natraj Nukala and Rajeshnani Dasari about various aspects of the insurance industry in India and Kshema's stance towards them.

Unleashing resilience in the Indian agricultural insurance sector for enhanced growth! Natraj Nukala, Founder of Kshema, sheds light on the transformative impact of technology and diversification, thus, driving positive changes. Read on to know more about his views:

Historic surplus sharing event Last year, we were proud to declare surplus sharing to our General Risk pool clients, it was the first time at Amanah Insurance to declare a surplus sharing and even in the entire Somali insurance market. In an emerging insurance market with a limited premium base, achieving this was not an easy Job, but it was an important step towards earning the trust of our esteemed clients and to prove the practicality of Takaful Insurance model in Somali Insurance industry and how it differs from existed conventional insurance. Surplus sharing in Takaful Insurance models occurs when surplus funds generated from the Takaful pool due to favorable claims experience, investment returns, or other factors, after covering claims and expenses this is when declared surplus distributed back to participants based on predefined profit-sharing or surplus distribution mechanisms according to the surplus distribution formula specified in the takaful contract. The Principal aim of surplus distribution mechanism in a risk-transfer takaful model is to provide Risk pool participants with a competitive and fair return on their Policy contributions at the end of every financial year if the company declared surplus in Risk pool, while ensuring that the takaful operator is compensated for its services and risk assumption. This achievement demonstrates our efforts at Amanah Insurance to on build confidence towards the Takaful insurance practice, and to show our esteemed clients how risk-transfer takaful model can offer additional value and tangible financial returns beyond their primary insurance expectations. #SurplusSharing #TakafulInsurance

𝗛𝗼𝘄 𝗠𝘂𝗰𝗵 𝗧𝗲𝗿𝗺 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗖𝗼𝘃𝗲𝗿𝗮𝗴𝗲 𝗗𝗼 𝗬𝗼𝘂 𝗡𝗲𝗲𝗱? 𝗙𝗶𝗻𝗱 𝗢𝘂𝘁 𝗡𝗼𝘄! Are you wondering how much coverage you should have for your term insurance? We've got you covered! Our latest video dives deep into the factors to consider when choosing the right coverage amount for your term insurance policy. 🎥 𝗜𝗻 𝗧𝗵𝗶𝘀 𝗩𝗶𝗱𝗲𝗼, 𝗬𝗼𝘂'𝗹𝗹 𝗟𝗲𝗮𝗿𝗻: - 𝗧𝗲𝗿𝗺 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗕𝗮𝘀𝗶𝗰𝘀: Understand what term insurance is and its benefits. - 𝗞𝗲𝘆 𝗙𝗮𝗰𝘁𝗼𝗿𝘀 𝘁𝗼 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿: Income, liabilities, future goals, and more. - 𝗖𝗮𝗹𝗰𝘂𝗹𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗥𝗶𝗴𝗵𝘁 𝗖𝗼𝘃𝗲𝗿𝗮𝗴𝗲: Step-by-step guide to determining the appropriate coverage amount. - 𝗘𝘅𝗽𝗲𝗿𝘁 𝗧𝗶𝗽𝘀: Insider advice on maximizing your policy benefits. Don't leave your family's future to chance. Ensure they are well-protected with the right amount of coverage. Watch the video now and take the first step towards financial security! 📅 𝗦𝗰𝗵𝗲𝗱𝘂𝗹𝗲 𝘆𝗼𝘂𝗿 𝗳𝗿𝗲𝗲 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗮𝘁𝗶𝗼𝗻 𝘁𝗼𝗱𝗮𝘆! Click the link below to get personalized advice on choosing the best term insurance coverage for your needs. https://bit.ly/4bTKZbT Regards Amitej Jaiswal Business Associate and Risk management strategist at TATA AIA Founder -Higherself Warriors #TermInsurance #InsuranceCoverage #FinancialPlanning #RightCoverage #InsuranceTips #SecureYourFuture #FamilyProtection #InsuranceAdvice #PersonalFinance #ExpertGuide #higherselfwarriors #amitejjaiswal #licofindia #licindiaforever #licpolicy #TATAAIA #TataAIALifeInsurance #TATAAIALIFE #TataAIAKaBharosa