Friday 11 July 2014
 
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Insurance

AXA Gulf offers 15pc discount on motor premium

AXA Insurance Gulf is offering a 15 per cent discount on 4x4 insurance premiums during the holy month of Ramadan.   The offer, extended to customers as part of the AXA Ramadan Motor Campaign, is a result of the c

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GCC insurance premiums surge to $18.4bn

The GCC insurance industry has tripled between 2006 and 2013, as insurance premiums grew from $6.4 billion to $18.4bn, according to Moody's Investors Service. Moody's said that increasing mandatory insurance covers have al

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Bahrain launches health insurance plan

Bahrain has officially launched the first phase of its National Health Insurance programme which is scheduled to run until July next year.   Minister of State for Defence Affairs and Supreme Health Council chairm

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Regulatory changes to boost GCC insurance sector

Regulatory measures that will enhance the credit profile of the region's insurance market and aid market stability and transparency, are being rolled out in the GCC region, said Moody Investors Service in its special comment published today.

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Alba union refuses to join strike over benefits call

The second largest union representing workers at Aluminium Bahrain (Alba) has refused to join calls for a company-wide strike over pay and benefits.   More than 2,500 employees represented by the Alba Labour Unio

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Gulf premium may vanish as views of region shift

Long a key feature of the Middle Eastern bond market, the "Gulf premium" is fading and may vanish entirely as soon as this year if the region continues to gain ground as a mainstream investment destination. The premium i

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Saudi firms ‘must provide medical cover for expats’

Saudi Arabia’s Co-operative Health Insurance Council has urged all private businesses to provide compulsory medical insurance for expatriate employees and their families, said a report.   The employment con

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New health insurance plan approved in Bahrain

A strategy to provide health insurance for Bahrainis and expatriates working in both the public and private sectors has been approved.   Plans to establish an executive committee for the National Health Insurance

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New health insurance plan approved in Bahrain

A strategy to provide health insurance for Bahrainis and expatriates working in both the public and private sectors has been approved.   Plans to establish an executive committee for the National Health Insurance

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SNIC renews Bahrain Airport Company contract

Saudi National Insurance Company (SNIC) has renewed its contract with Bahrain Airport Company (BAC) for the second consecutive year. Under the contract, the medical and life insurance scheme for BAC staff has been extended for ano

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