Dubai:The 21st Annual Gulf Insurance Forum is set to commence in Dubai on October 26, gathering over 200 CEOs and experts in insurance and reinsurance from 25 countries.
According to Emirates News Agency, the theme for this year's two-day forum is "Redefining Insurability Risk, Capital, and Trust in a Systemic World." The event will explore the transformative role of artificial intelligence (AI) in daily life, economic systems, and decision-making, with a particular focus on its implications for the insurance industry.
The forum will also spotlight the UAE's national visions and strategic initiatives, emphasizing the country's efforts to become a regional and global hub for AI development, talent attraction, and innovation. Key discussions will include the analysis of cyber risks and AI-related challenges in insurance, addressing legal liabilities and operational risks from an insurance perspective.
Panel discussions will tackle pressing issues such as reinsurance capacity in volatile markets, natural catastrophe risks in the GCC, underwriting practices, reinsurance pricing, and the resilience of the regional reinsurance sector. Additionally, the financial impact of reinsurance, strategies for enhancing solvency and financial strength, and the evolving dynamics between insurers and reinsurers in terms of risk retention and transfer across the GCC will be explored.