Tuesday 7 July 2015
 
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Insurance

Abraaj exits pan-African insurance investment

The Abraaj Group, a leading investor operating in global growth markets, has announced the completion of the full exit of its investment, through one of its funds, in UAP Holdings Limited, a pan-African insurance holding company with subsidiarie

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Abraaj exits pan-African insurance investment

The Abraaj Group, a leading investor operating in global growth markets, has announced the completion of the full exit of its investment, through one of its funds, in UAP Holdings Limited, a pan-African insurance holding company with subsidiarie

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NEXtCARE’s system to power DHA’s insurance programme

NEXtCARE, a leading third party administrator (TPA) across the GCC and Middle East and North Africa (Mena) region and the provider of health insurance management services, has delivered cost optimised innovations to the Dubai Health Authority to

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RSA names new country manager for Bahrain

RSA, a provider of insurance services in the region, has appointed Adrian Pinto as the country manager for its Bahrain opeations with immediate effect. He will be reporting to the company’s Bahrain managing director and UAE

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DHA links insurance scheme to visa issuance, renewal

The Dubai Health Authority (DHA) has linked the health insurance scheme to visa issuance and renewal  to ensure that all employers and sponsors comply with their responsibilities. The authority has partnered with the General

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Insurers see need to improve risk management

Forty-one per cent of insurance companies in Saudi Arabia and the UAE believe there is a need to improve their overall risk management framework, according to a new study. Due to increasing regulatory requirements, risk management

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Anthem offers $47 billion for rival insurer

US health insurer Anthem said it had offered $47 billion in cash and stock for smaller rival Cigna Corp, signaling a pick-up in the industry's long-awaited consolidation. The biggest US health insurers are seeking acquisitions

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Oman's Al Anwar insurance unit plans IPO

Oman's Falcon Insurance plans an initial public offer of shares, its parent company Al Anwar Holding said on Wednesday. The flotation is subject to approval by regulators and shareholders, Al Anwar, which has a 51 per cent sta

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Union Insurance launches MaxMedical in UAE

Union Insurance Company, a leading provider of innovative customer-focused insurance products to individuals and organisations in the region, has launched the MaxMedical, a high-end international health insurance product, in the UAE.   

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Adnic seals housing finance partnership deal

Abu Dhabi National Insurance Company (Adnic), one of the region’s leading multi-line insurance providers, has joined hands with Emirates Development Bank (EDB) to provide comprehensive protection to the bank’s housing finance custome

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