Saturday 29 August 2015
 
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Insurance

Sanctions removal to attract major reinsurers to Iran

The lifting of trade restrictions placed on Iran may present a significant opportunity for the Middle East and North African (Mena) re-insurance market, with European participants also expected to re-engage and seek a foothold in the country.

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Union Insurance launches DomShield in UAE

Union Insurance Company, a leading provider of innovative customer-focused insurance products to individuals and organisations in the region, has launched the first-of-its-kind insurance product for domestic helpers in the UAE. &n

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Health insurance approved for visitors to Saudi

A visitor health insurance system for those wishing to obtain medical insurance during their visit to Saudi Arabia has been approved by the Council of Cooperative Health Insurance, according to a report. It will cover treatment co

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Bahraini insurer plans full ownership of Takaful Re

Bahrain's Arab Insurance Group (ARIG) is in discussions to take full ownership of Dubai-based Islamic reinsurer Takaful Re, as regulatory moves add pressure on firms in the overcrowded Gulf insurance sector to consolidate. ARI

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Takeovers likely to continue in insurance sector

Merger and takeover activity is likely to continue in the coming months as (re)insurers increasingly seek ways to deploy capital and create scale against a backdrop of ongoing soft market conditions and weak investment returns, a report said.

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ME Insurers tap cloud analytics for fraud prevention

Insurance fraud and claims leakage are a concerning issue for all insurers globally including those in the Middle East, according to a recent survey. PricewaterhouseCoopers’s (PWC) 2014 Middle East Economic Crime Survey reve

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ME Insurers tap cloud analytics for fraud prevention

Insurance fraud and claims leakage are a concerning issue for all insurers globally including those in the Middle East, according to a recent survey. PricewaterhouseCoopers’s (PWC) 2014 Middle East Economic Crime Survey reve

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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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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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