Articles

Picnic 2022: If There is a Will, There is a Wave

  There is a common misunderstanding that actuaries spend their lifetime behind a computer screen, punching numbers in the excel sheet or a computer program, running analysis all day long without a break. At SHMA, we strongly believe that work and play go hand in hand. No matter how tough the work is, if there

Emerging trends in UAE’s Insurance Industry

  The UAE has a strong economy and is a leading financial center in the Middle East. The insurance industry in the UAE is one of the most promising and rapidly growing industries in the world. In recent years, there have been several emerging trends in the UAE’s insurance industry.   According to a report

Industry Insights for 2021-2022 in Saudi Arabia

  Are you looking for insurance industry insights for 2021-2022? Check out our latest data and statistics on the Saudi Arabian insurance market.   According to our research, the Saudi Arabian insurance market is forecasted to grow at a compound annual rate of 5.3%. Data and statistics from Saudi Arabia’s Ministry of Finance shows that

Global Impact of COVID-19 on the Insurance Industry

The insurance industry plays a vital role in the economy, providing protection against a variety of risks. In the wake of the Covid-19 pandemic, the industry is facing many challenges with claims rising and policyholders canceling their policies.   The outbreak of COVID-19 has had a profound impact on the global economy. The virus has

The Impact of Pakistan’s Economic Crisis on the Insurance Business

  Pakistan is in the midst of an economic crisis. The country is facing a balance of payments crisis, a fiscal crisis, and an energy crisis. These problems have led to soaring inflation, rising unemployment, and growing poverty.   In 2022, there is a lot of uncertainty about whether or not Pakistan will collapse as

Women’s Day Celebration at SHMA

  Women have always played a vital role in the progress and development of societies across the globe. Despite this, their skills and contributions have often gone unnoticed. Women’s day is celebrated to honor women for their achievements and to recognize their importance in society. It is also a day to raise awareness about the