Through this partnership LIC International aims to gain a significant portion of the online distribution space by making its product accessible online
Life Insurance
Indian insurer Bajaj Allianz Life opens first GCC office in Dubai
The representative office will focus on offering enhanced services to its customers based in the Middle East
Why mergers are likely to increase in the GCC’s insurance sector
New research says merger and acquisitions are likely to increase as larger players target small to mid-sized insurers
The great wealth transfer: Middle Eastern fortunes in jeopardy
The last two decades have seen an explosion of wealth across the Middle East. In Saudi Arabia alone, the number of ultra-high-net-worth individuals (UHNWIs) – those with assets worth at least $30 million – grew by an astonishing 227 per cent over the last five years, according to Knight Frank.
Yet the next two decades will […]
Moon-bound without a safety net, why life insurance matters
When Apollo 11 astronauts Neil Armstrong, Buzz Aldrin and Michael Collins set off for the moon, they didn’t have life insurance. The trio, with no better option, resorted to cashing in on their fame by signing hundreds of envelopes and postcards in hopes that should they not return home, the items would be valuable enough […]