The New India Assurance Company (NIA), a pioneer in the UAE insurance industry, is set to open a reinsurance desk at its Dubai International Financial Centre (DIFC) office to enhance its presence in the segment in the region.
New India Assurance Company Bahrain (NIA) has reported a profit of $2.52 million for the first six months of this year versus $1.09 million for the same period last year. In a statement, the company said underwriting profits were 27 per cent o
Iran has offered to underwrite insurance for its vessels to keep oil exports to India flowing, after New Delhi asked for assurances to help halt a fall in shipments.
Letters seen by Reuters show Iran is offering sovereign guarante
Kuwaiti investment firm Arabi Group Holding Co. said on it has won a bid for a 26 per cent stake in Kuwait Health Assurance Co which was auctioned by the country's sovereign wealth fund.
In a statement to the Kuwait bourse, Ar
Ernst & Young has announced the admission of 20 new partners to its service lines and industry sectors across the Middle East and North Africa region, bringing the total number of partners in the Mena practice to 123.
A global leader i
The Dubai Export Development Corporation (EDC) and the Islamic Corporation for the Insurance of Investments and Export Credit (ICIEC) have agreed to provide high quality Islamic credit insurance services to support local exporters based in the UAE