Lack of actuarial experts within Arab insurance companies

According to Abdel Khaleq Raouf Khalil, secretary general of the General Arab Insurance Federation, (GAIF), health insurance is in need of reinsurance. This non satisfied need is all the more compounded by the lack of actuarial noticed among insurers.

Evaluating the risks sustained, setting pricing and estimating reserves has become a challenge for all of the Arab insurance companies.