Tuesday 6 December 2016
 
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Insurance

Bahrain's insurance sector stays steady

Gross premiums/contributions generated by Bahrain’s domestic insurance sector amounted to BD272.09 million ($721.72 million) in 2015, compared to BD273.95 million ($726.66 million) in 2014, a Central Bank of Bahrain (CBB) report said.

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Iran signs deals with European insurers

The Export Guarantee Fund of Iran (EGFI) has signed agreements with Germany’s Hermes insurance firm and Swiss Export Risk Insurance (SERV) to provide cover for transactions with Europe, a report said. Under the agreement, th

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Axco enters Mena in tie-up with Dubai firm

Axco Insurance Information Services (Axco), a leading provider of business information services to the insurance industry, has announced its debut into the Mena market in partnership with Dubai-based RefPoint Business Consultants.

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Few UAE women covered for critical illness

Less than one fifth (18 per cent) of females in the UAE have insurance against critical illness in place, a study said, hinting that the figure may be even lower than the research shows. Male respondents do not fare much better wi

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Al Salam Bank signs deal with Takaful International

Al Salam Bank-Bahrain, one of the pioneering Sharia compliant banks in the kingdom, has signed a strategic agreement with Takaful International, one of the leading insurers. This agreement paves the way for the bank to offer both

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UAE property, liability insurance premiums up 10.4pc

The UAE’s thriving economy, including its active construction industry, had a positive impact on the nation’s insurance sector, with premiums written in property and liability insurance rising from Dh24.9 billion ($6.77 billion) in 2

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UAE property, liability insurance premiums up 10.4pc

The UAE’s thriving economy, including its active construction industry, had a positive impact on the nation’s insurance sector, with premiums written in property and liability insurance rising from Dh24.9 billion ($6.77 billion) in 2

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Viva Bahrain launches new iPhone 7 insurance plan

Viva Bahrain, a top telecom operator in the kingdom, has introduced a smartphone insurance plan for new Apple iPhone 7 devices, reported the Gulf Daily News, our sister publication. To read further, please visit

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Value of GCC insurance sector triples

The GCC insurance industry value has more than tripled between 2006 and 2015, with insurance premiums increasing to $24 billion in 2015 compared with $6.4 billion in 2006, reported the Gulf Daily News, our sister publication.

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Coface gets new DIFC insurance licence

Coface, a world leader in credit insurance, has obtained a new company licence from the Dubai Financial Services Authority (DFSA) to offer insurance management and intermediation services in the Dubai International Financial Centre (DIFC), stren

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