Thursday 11 February 2016
 
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Insurance

Insurance industry growth in focus at ME forum

Oil prices, rising interest rates, geopolitical stability – some of the most significant macro forces shaping the growth and development of Middle East’s insurance industry shaped critical discussions on the industry’s opport

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$900bn investment to boost GCC insurance sector

A surge in insurance activity with a growth in gross premiums is expected to unfold across the GCC over the next five to 10 years, said Central Bank of Bahrain (CBB) executive director of financial institutions supervision Abdul Rahman Al Bake

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Bahrain forum gathers ME insurance powerhouses

Insurance leaders from across the Middle East gathered today (February 2) at the 12th annual Middle East Insurance Forum (MEIF) in the Gulf Hotel Bahrain.    With the strategic support of the Central Bank of

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Insurance snags holding up Iran oil exports to Europe

Efforts by Iran to start exporting oil to Europe are being held up as foreign tanker owners are still struggling to secure insurance for cargoes, leading shipping players said. A nuclear deal between world powers and Iran earlier

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MEIF Institutional Excellence Awards nominees named

The nominees for the upcoming MEIF Insitutional Excellence Awards has been announced.   The awards, which have been designed on the basis of a robust methodology which takes into account key financial metrics and

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Impact of mandatory healthcare insurance in focus

The impact of mandatory healthcare insurance dominated discussions at the ongoing annual Healthcare Insurance Forum in Dubai, UAE.   The four-day forum, which has brought together leaders in the regional healthca

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Aviva buys RBC's general insurance business for $400m

British insurer Aviva said it was buying Canadian bank RBC's general insurance arm for C$582 million ($403 million) and had agreed a distribution deal, to diversify its business in Canada.   Aviva chief execu

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Insurance cost of natural disasters falls in 2015

Insurance claims from natural disasters such as storms and earthquakes fell to $27 billion in 2015 as the overall cost of natural catastrophes dropped to its lowest level since 2009, reinsurer Munich Re said on Monday. The climate

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Dubai Trade expands online insurance platform

Dubai Trade, an entity which provides logistics-related services online, has expanded its marine and cargo insurance platform by adding options from Oman Insurance.    Customers can now use Tradeshield to se

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Al Haddad hosts accident management workshop for insurance firms

Al Haddad Motors, the authorized general distributor for Mercedes-Benz in Bahrain, held its first Accident Management workshop recently, at its service centre in Salmabad with the goal of improving transparency, efficiency and customer service.

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