The achievements of the Arab General Insurance Union

Over the past 60 years, the General Arab Insurance Federation has partaken in and/or initiated important debates in the Arab insurance market.

Its achievements include the introduction of the orange insurance card, the establishment of Arab fire and reinsurance pools, the establishment of Arab Re in 1972, etc.

The following is a chronology of the main projects and achievements in which GAIF has been involved:

• 1964 – present

  Ongoing work: Arabization of insurance terms, policies and clauses

• 2023

  Establishment of Arab Actuaries League in Beirut, Lebanon

• October 2022

  Launch of the "Natural disasters: towards an Arab insurance initiative" program

• May 2022

  Establishment of a supervisory unit for the inter-Arab motor insurance system: Orange Card

• April 2022

  Digitization of the Orange Card

• 2015

  Conducting statistical studies on the insurance markets of GAIF member countries: evolution of premiums between 2018 and 2020

• 2014

  Holding the first Dr Rajai Sweis Insurance Research Award

• 2009

  Establishment of the Arab Insurance Regulations League in Amman, Jordan

• 2008

  Establishment of Arab Insurance Broker League in Damascus, Syria

• 2006

  Establishment of the Arab Insurance Institute (AII)

• 2005-2020

  Organization of specialized seminar

• 1992-2020

  Publication of several technical books on insurance in Arab countries

• 1992

  Establishment of a directory of Arab insurance and reinsurance companies

• 1986

  Establishment of an Arab reinsurance pool, managed by Arab Reinsurance

• 1983

  Publication of the 1^st issue of the quarterly Arab Insurance Magazine

• 1975-1977

  Implementation of the Orange Card for inter-Arab motor insurance

• 1972

  Establishment of Arab Re, a reinsurance company based in Beiru