Hot topics & specificities for Middle East & Africa markets

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P&C - Campus online

Engineering

Hot topics & specificities for Middle East & Africa markets

Inherent Defect Insurance

English

24 June 2021

Objectives

This presentation aims at describing the process of implementation of a mandatory IDI scheme in a country

Targeted attendees

Underwriters

Content

Thursday 24 June - 10:30 - 11:30 (CET)

Key milestones of the implementation process of a mandatory IDI scheme by law
Scope of cover targeted by the local authorities: balance between scope of cover and insurance cost
Required conditions to implement a mandatory IDI scheme
Exchanges between the local authorities and the insurance/ reinsurance market