S&P Global Ratings says impact on insurance company earnings following heavy rain in the UAE could lead to rate increases for customers
insurance
CBUAE
UAE orders banks and insurance companies to allow 6 months of payment deferrals without cost following heavy rainfall
CBUAE orders banks and insurance companies to allow payment deferrals to customers facing rain damage
Abu Dhabi
UAE insurance firms brace for ‘influx’ of claims as cars damaged, abandoned in heavy rain, floods
With an “influx in claims” expected by insurers in the coming days, the impacts of this week’s adverse weather will likely be felt by the UAE insurance market for some time
gcc insurance sector
Gulf insurance companies to see 15% revenue growth in 2024
Standard & Poor’s expects Saudi Arabia to lead insurance growth in the Gulf this year
insurance
Mubadala leads investors in purchase of $15.5bn US insurance giant Truist
Mubadala set to take control of Truist Insurance Holdings alongside investment partners
Dubai Health Authority
Health insurance in Dubai: $5.9bn of transactions, 44m claims, 12,280 packages, 8,894 service providers
Dubai recorded more than 44m health insurance claims last year, up from 100,000 per month in 2013
global ratings agency
UAE insurance companies set for revenue boost as premiums surge 20%
The UAE insurance sector will see premiums increase by up to 20 per cent, according to Standard Poor’s Global Ratings Agency
financial advice
Second opinions are as important in financial planning as they are in medical diagnoses
A financial second opinion will expose you to new and different perspectives and possibilities
CBUAE
UAE cancels First Insurance licence
Central Bank of the UAE cancelled the licence of First Insurance Brokers Company
insurance
Saudi insurance sector grows to $4bn in Q3 2023
Saudi insurance sector grows by 14.6% to $4bn
CBUAE
UAE insurance sector expanding, boasts $36bn in assets
UAE insurance sector has grown almost 10 per cent in the first nine months of the year
General Pension and Social Security Authority
UAE pension authority reports 25% rise in insured members
The GPSSA held its sixth Board of Directors meeting on Tuesday to discuss and review, among other things, the investment performance reports until 2023 and the corporate performance executive summary for H1, 2023
DIFC
Dubai International Financial Centre on track for 20% insurance sector growth
Dubai continues to attract insurance industry giants as it aims to become a regional hub
Aviation
Dubai South announces major visa and insurance update
Dubai South introduces mandatory insurance to cover unpaid salaries, gratuity, expenses and more for all employees
Almosafer
Saudi’s Almosafer offers free insurance with every flight booking
Almosafer and Al Rajhi Takaful offer free trip insurance on Saudi flight bookings
insurance
How to get $16,300 UAE job loss insurance in 4 easy steps
UAE Government calls for workers in city to register for Unemployment Insurance Scheme
insurance
UAE Unemployment Insurance: More than 1 million signed up for job loss scheme
UAE Unemployment Insurance scheme signs up more than a million people since January launch