AI-based Insurance Technologies discussed

AI-based Insurance Technologies discussed

The opening ceremony was held under the auspices of HH Sayyid Dr. Kamil bin Fahd bin Mahmoud Al Said, Secretary General at the Secretariat General of the Council of Ministers.

The post AI-based Insurance Technologies discussed appeared first on The Arabian Stories News.MUSCAT : Activities of the 34th General Arab Insurance Federation Conference kicked off at Oman Convention and Exhibition Centre.

The event is titled “For a more sustainable and inclusive Arab insurance industry: How Arab companies can join the artificial intelligence revolution”.

The three-day conference is organized by Oman Insurance Association and the Secretariat General of the Arab Insurance Federation.

The opening ceremony was held under the auspices of HH Sayyid Dr. Kamil bin Fahd bin Mahmoud Al Said, Secretary General at the Secretariat General of the Council of Ministers.

In emerging markets, the real value of insurance premiums between 2010 and 2019 grew by 7.3 percent, compared to 1.8 percent in developed markets, said Ahmed Ali al-Maamari, Vice President for Insurance Sector at the Capital Market Authority (CMA).

He added that, in 2022, the sector’s growth rate ratio in the two markets was 4.7% to 3%.

On his turn, Mustafa Ahmed Salman, member of the Board of Directors of the Oman Chamber of Commerce and