Friday 31 October 2014
 
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Insurance

Dubai firms comply with health insurance law

The first phase of the Dubai’s health insurance law, where all employers will more than 1,000 employees on their sponsorship much has health insurance in place, is set to close by the end of this month. Essa Al Maidoor, dire

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GCC insurance industry to see 'business growth'

The rapidly developing GCC insurance and savings industry presents significant opportunities for business growth, according to finance experts. Speaking at the Nexus Group’s Annual General Meeting (AGM), Tarun Khanna, the fi

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Jordan insurance market stays profitable despite hurdles

Jordan’s insurance market continues to grow amid challenges from unprofitable mandatory motor business, declining capital adequacy and regulatory uncertainty, along with regional unrest on its borders, according to a new Best’s Speci

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Lifeline for small businesses in Bahrain

Owners of small businesses in Bahrain will be able to benefit from social insurance. They will also now be included by the General Organisation of Social Insurance (Gosi), the Cabinet was told yesterday (August 17), said a report in the

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Cyber risk insurance ‘an increasing trend’

Cyber risk insurance is an increasing trend as businesses become targets of cyber crime, according to a report. The cyber insurance market is set to double this year over the last, as the need for cyber insurance becomes more acut

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Cyber risk insurance ‘an increasing trend’

Cyber risk insurance is an increasing trend as businesses become targets of cyber crime, according to a report. The cyber insurance market is set to double this year over the last, as the need for cyber insurance becomes more acut

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Al Ahlia Insurance posts net profit of $1.8m

Bahrain-based Al Ahlia Insurance has reported a net profit of BD712,112 ($1.8 million) for the second quarter as against BD2.1 million for the same period last year. 'The transient decline was due to the reduction in the actual real

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IGIH reports net profit of $18.5m for H1

International General Insurance Holdings (IGIH) has reported earnings of $18.5 million for the first half of this financial year, as compared to $21.32 million for the same period in 2013. Wasef Jabsheh, vice chairman and chief executiv

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Daman issues policy for Dubai’s mandatory health plan

UAE’s National Health Insurance Company – Daman has issued the first health insurance policy under the Dubai mandatory health scheme. The policy with Ginco General Contracting, a prominent regional contracting firm, wi

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RakBank in talks to acquire Rak National Insurance

UAE-based National Bank of Ras Al Khaimah said on Thursday it was looking to acquire a majority stake in a listed insurance company in the emirate, a rare example of a takeover attempt involving two public UAE fi

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