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Shuaa signed up for Dar Al Takaful's rights issueShuaa Capital, a premier financial services firm in the UAE, said it has been selected as lead manager and underwriter for the proposed rights issue of leading Islamic insurance company Dar Al Takaful. The Dubai Financial Market-l More… |
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Ace boosts Mena property underwriting teamAce Group, one of the world’s largest multiline property and casualty insurers, has announced three key appointments - Warda Saeed Habib, Ayat Sobeh and Batool Ali - to its underwriting team in Middle East and North Africa (Mena) region. More… |
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Takaud signs partnership deal with Kuwait insurerKuwait-based Warba Insurance Company said it has signed a partnership agreement with Takaud, a specialist savings and pensions provider based in Bahrain, for promoting its key life offerings and solutions. As per the MoU, Warba In More… |
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World Cup insurers ‘likely to refuse pay out on cancellation’World Cup insurers are likely to refuse to pay out on many cancellation contracts if Russia and Qatar lose the rights to hold the tournaments because of fraud, industry experts said. Russia and Qatar could be stripped of their Wor More… |
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Bahrain puts Iran-linked bank, insurer into administrationBahrain's central bank has said it had placed two Iran-linked companies, Future Bank and Iran Insurance Co, into administration to protect the rights of depositors and policyholders. In a brief statement, the central bank did More… |
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Arig wins reinsurer of the year awardBahrain-based reinsurance firm Arab Insurance Group (Arig) has won the 'reinsurer of the year' award at the inaugural Middle East Insurance Industry Awards held in Dubai. The awards programme was organised by the Middle E More… |
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ME insurers ‘adopt digital strategies to boost outreach’Insurers across the Middle East are rapidly adopting digital strategies in order to boost outreach to millennials, according to SAP. Insurers are in agreement that the growing customer base of millennials — generally considered th More… |
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UAE insurer upbeat on 2014 growth prospectsContinental Group, a leading insurance intermediary and financial services solutions provider in the UAE, saw a significant rise in premiums from the insurance and investments segments in 2013 and is expecting to see these figures improve in the More… |
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DHA names AXA as ‘participating insurer’Dubai Health Authority (DHA) has named AXA Gulf, a leading non-life international insurer in the Middle East, as a participating insurer (PI) to offer health insurance coverage under the ‘Basic Benefit Plan.’ More… |
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Maiden profit for Bahrain start-up firmBahrain-based insurance company Legal & General Gulf has reported its first-ever annual profit for last year. Incorporated in 2009, the company is a 50:50 joint-venture between Legal & General Group of the UK and Bahrain-b More… |
