Closing ceremony of the 34th GAIF General Conference

The 34^th General Conference of the General Arab Insurance Federation (GAIF) came to a close on 21 February 2024 in Muscat, Oman.

At the end of the biannual meeting, which focused on the theme of "Sustainability and inclusivity in the Arab insurance industry: How Arab insurers leverage the artificial intelligence revolution", Chakib Abuzaid, Secretary General of the GAIF, listed the following recommendations:

• improving the training of actuarial executives,
• encouraging the use of artificial intelligence in risk calculation,
• strengthening cooperation between Arab insurance federations in order to find solutions to the impact of natural disasters,
• improving online underwriting through the Orange Card [4],
• studying the possibility of establishing an Arab fund to manage the Orange Card.

The 35^th GAIF General Conference is scheduled to take place in Jordan in 2026.