Sunday 19 April 2015
 
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Insurance

400 takaful leaders convene at Dubai conference

More than 400 international Islamic insurance industry leaders have gathered Dubai, UAE at the most influential gathering of international leaders in the takaful industry . The two-day World Takaful Conference (WTC 2015), being he

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Solidarity unit buys stake in Jordanian insurance firm

First Insurance, Jordan, a subsidiary of Solidarity Group Holding Bahrain, has acquired a controlling stake in Yarmouk Insurance Company in Jordan. Originally founded more than 30 years ago, Yarmouk Insurance is one of the deep-ro

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Islamic insurance leaders to meet at forum in Dubai

More than 400 key players and thought leaders in the global takaful sector will gather at a conference in Dubai, UAE to discuss to chart a new way for for the Islamic insurance industry. The 10th anniversary special edition of the

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Insurance firm reaffirms commitment to Bahrain

Global insurer Zurich has reaffirmed its commitment to Bahrain's insurance market following concerns that the Swiss insurer was to close its operations in the kingdom. Zurich is reducing the number of licences it holds in Bahr

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Health insurance bill for expats in Bahrain shelved

A bill that would have forced employers in Bahrain to provide private health insurance for expatriate employees has been shelved. Shura Council yesterday (March 22) rejected the draft law, which was originally put forward by parli

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Lloyd’s begins operations at Dubai’s DIFC

Lloyd's, a centre for specialist insurance and reinsurance, has inaugurated its operations in the Dubai International Financial Centre (DIFC), a leading onshore financial platform. The oldest insurance market in the world, Llo

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Insurance awareness drive lined up in Bahrain

Bahrain Insurance Association (BIA) has unveiled plans for 'Insurance Awareness Week 2015.’ The awareness campaign will be held from March 11 to 17, under the patronage of the Central Bank of Bahrain (CBB), said a repor

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Munich Re, MedNet win top insurance honours

Munich Re and its third party administrator (TPA) MedNet have each won an award at Mena Insurance Awards 2015. Munich Re got the ‘Most Innovative Reinsurer’ and MedNet got the ‘TPA of the year’ award, said

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AIG opens four new branches in Oman

American International Group (AIG), a leading insurance company, has opened four new branches in Oman. The branches, located in Nizwa, Ibri, Salalah and Sur, will allow AIG to further expand its business in the Sultanate where it

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Bahrain Insurance Association elects new board

The Bahrain Insurance Association (BIA) has elected Yahya Nooruddin as the chairman of its board of directors, with Yasser Al Baharna being elected the vice-chairman for the 2015-2016 term. This follows the annual general assembly

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