LCI attended the 6th Annual Aman Union Meeting which took place in Muscat, Oman between the 7th and 9th of December 2015. The meeting was held at the InterContinental Hotel in Muscat. This year’s meeting was hosted by the ECGA of Oman.
The Meeting addressed topics of common interests amongst the members and served as a great opportunity to share member knowledge and expertise in the industry. It also marked significant milestone in the development of Aman Union with the establishment of a dedicated Secretariat. In addition to the Union members, experts from various industries such as credit and political risk insurance, reinsurance, banking and credit information, were in attendance.
LCI was represented by its General Manager, Karim Nasrallah; Advisor to the Board, Michael McPhilimey and Risk Assessment and Credit Information Manager, Bahaa Merhi.
The topics presented covered ideas relevant to the commercial and non-commercial risk insurance industry in member countries and the entire MENA region. The meeting was made up of multiple presentations as well as panels that tackled the following areas of discussion:
- Awareness of insuring trade default risk in the market
- The Role of Risk Management in ECAs
- Managing Policyholder Engagement into the Recovery Process
- Risk Appetite for MENA Region Markets: Credit & PRI Trends in 2015