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Abraaj Meets With Investors Over Health Fund Concerns

Insurance - Published date: .

  The Middle East’s Abraaj Group, shaken by allegations of misuse of funds, has hired investment bank Houlihan Lokey ... Read more

Insurance Among Leading Sectors In Significant M&A Deals In Q1 2018

Insurance - Published date: .

  The M&A first quarter of 2018 has already witnessed deals of significant value in the insurance, medical, and edu... Read more

A.M. Best: CIMA Zone Reforms Improve Market Rationalisation

Insurance - Published date: .

Despite significant economic and in some instances political headwinds rendering the operating environment challenging, ... Read more

Watania Takaful Reports AED 7.6 Million Net Profit In 2017

Insurance - Published date: .

Abu Dhabi-based Islamic insurance firm, National Takaful Company (Watania), has delivered what board chairman, HE Ali Sa... Read more

Dubai National Insurance & Reinsurance PSC Grows 24 Per Cent In 2017, Up AED 323 Million

Insurance - Published date: .

  Dubai National Insurance & Reinsurance PSC (DNIR) held its Annual General Meeting today, where Khalaf Ahmad Al Ha... Read more

UAE Insurers Report Surge In Profitability As Regulatory Changes Bolster Prices

Insurance - Published date: .

  Listed insurance companies in the United Arab Emirates reported a surge in aggregate profits in 2017, as the regulato... Read more

A.M. Best Upgrades Credit Ratings Of FAIR Oil & Energy Insurance Syndicate

Insurance - Published date: .

  A.M. Best has upgraded the Financial Strength Rating to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Ratin... Read more

Regulatory Reforms Lead To Bumper Profits For National Insurers In The UAE

Insurance - Published date: .

  The insurance market of the United Arab Emirates (UAE) has continued its strong momentum in 2017 and returned excepti... Read more

Gap Between Big And Small GCC Insurers Could Widen In 2018

Insurance - Published date: .

  Despite ongoing regulatory and competitive challenges in the insurance sector in the Gulf Cooperation Council (GCC) c... Read more

DIFC Chosen As Berkshire Hathaway's Hub For Middle East Region

Insurance - Published date: .

  Dubai International Financial Centre (DIFC)has welcomed Berkshire Hathaway Specialty Insurance Company (BHSI) to its ... Read more

ADNIC Reports AED 227.3 Million Net Profit For 2017

Insurance - Published date: .

  Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporat... Read more

The Struggle For Retakaful As Competition Bites Sector

Insurance - Published date: .

  The increasing appetite for Islamic insurance has led many investors to view the retakaful sector as a growth opportu... Read more

Jordan French Insurance Company Limited Rated B With Positive Outlook

Insurance - Published date: .

  A.M. Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of “bb+” to J... Read more

African Reinsurance Corporation Joins Africa Finance Corporation

Insurance - Published date: .

African Reinsurance Corporation (Africa Re) announces its membership of Africa Finance Corporation (AFC), and becomes th... Read more

VAT Challenges For UAE Insurers Could Hurt 2018 Performance

Insurance - Published date: .

  Although the relevant authorities have made it clear over the past few months that all insurance policies—with the ... Read more