Ace Group, one of the world’s largest multiline property and casualty insurers, has announced three key appointments - Warda Saeed Habib, Ayat Sobeh and Batool Ali - to its underwriting team in Middle East and North Africa (Mena) region.
Kuwait-based Warba Insurance Company said it has signed a partnership agreement with Takaud, a specialist savings and pensions provider based in Bahrain, for promoting its key life offerings and solutions.
As per the MoU, Warba In
World Cup insurers are likely to refuse to pay out on many cancellation contracts if Russia and Qatar lose the rights to hold the tournaments because of fraud, industry experts said.
Russia and Qatar could be stripped of their Wor
Bahrain's central bank has said it had placed two Iran-linked companies, Future Bank and Iran Insurance Co, into administration to protect the rights of depositors and policyholders.
In a brief statement, the central bank did
Bahrain-based reinsurance firm Arab Insurance Group (Arig) has won the 'reinsurer of the year' award at the inaugural Middle East Insurance Industry Awards held in Dubai.
The awards programme was organised by the Middle E
Insurers across the Middle East are rapidly adopting digital strategies in order to boost outreach to millennials, according to SAP.
Insurers are in agreement that the growing customer base of millennials — generally considered th
Continental Group, a leading insurance intermediary and financial services solutions provider in the UAE, saw a significant rise in premiums from the insurance and investments segments in 2013 and is expecting to see these figures improve in the
Dubai Health Authority (DHA) has named AXA Gulf, a leading non-life international insurer in the Middle East, as a participating insurer (PI) to offer health insurance coverage under the ‘Basic Benefit Plan.’
Bahrain-based insurance company Legal & General Gulf has reported its first-ever annual profit for last year.
Incorporated in 2009, the company is a 50:50 joint-venture between Legal & General Group of the UK and Bahrain-b
Saudi Arabia's United Cooperative Assurance Co plans to raise up to 8 billion riyals ($2.13 billion) in an initial public offering starting on March 8.
United Cooperative will sell 8 million shares, equivalent to a 40 percent stake, at 10