Friday 6 May 2016
 
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Insurance

Cigna brings health care services to region

Global health service company Cigna has partnership with Saudi Arabian Insurance Company (Damana) to roll out its Chronic Conditions Management program in the region. The program is designed to help insured members better manage chronic

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RSA Bahrain shifts to new office in Seef

RSA, a leading provider of insurance services in the region, has shifted its Bahrain office to a new location in Al Seef District, a business hub that hosts most of RSA’s customers and partners. The insurer inaugurated the n

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Lloyd’s signs co-op agreement with DFSA

Lloyd’s, a global leader in specialist insurance and reinsurance market, has marked its first year in Dubai by signing a framework for co-operation with the Dubai Financial Services Authority (DFSA). It is aimed at promoting

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300 takaful industry leaders convene at Dubai forum

More than 300 takaful industry leaders from the Middle East, East Asia, Europe and Africa convened at the ongoing World Takaful Conference (WTC) in Dubai, UAE.   The 11th edition of the conference will conclude o

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SNIC reports 33pc premium growth

Bahrain-based Saudi National Insurance Company (SNIC) has reported 33 per cent increase in gross written premium (GWP) at BD18.68 million ($49.2 million) for the year ended December 31 when compared with BD14.09 million for the previous year,

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Iran women get equal compensation in road accidents

Iran's legal vetting body has approved a bill that will see female victims of road traffic accidents paid the same compensation as men, in a small step towards gender equality in the conservative Islamic country. The Third Par

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Solidarity's Jordanian subsidiary merges with Yarmouk

Solidarity Group Holding has successfully closed the merger between its Jordanian subsidiary, First Insurance Company and Yarmouk Insurance Company, Jordanian industry's first merger in 25 years.   The merger

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Insurance push for GCC’s transport sector

A pioneering insurance scheme targeting the GCC’s transport and logistics sector has been initiated by Bahrain’s main business association, said a report in the Gulf Daily News (GDN), our sister publication. &

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Al Ahlia Insurance reports $1.6m net loss

Al Ahlia Insurance Company has reported a net loss of BD622,699 ($1.65 million) for last year as against a profit of BD1.6 million for the year 2014, said a report in the Gulf Daily News (GDN), our sister publication. &nb

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Takaful Emarat posts $2.7m net profit, up 42pc

Takaful Emarat, the DFM-listed, shariah-compliant life and health takaful provider, has posted net profit of Dh10.21 million ($2.7 million) for last year, up 42 per cent, as compared to Dh7.18 million the previous year.  

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