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Lack of financial safety net ‘risky for expats’The lack of any financial safety net can leave expatriates at risk of financial disaster in the event of a serious injury or death, which could leave themselves facing the legal issues that surround un-payable debts, said an industry expert. More… |
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Insurance premium ‘to see 10pc growth in 2018’The finance sector in the Middle East which experienced a general slowdown in 2016 is now firmly in a recovery phase, an industry expert said, adding that a growth of 8 to 10 per cent in premium is expected in 2018. “2 More… |
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UAE holidaymakers 'risk losses by not taking travel insurance'UAE holidaymakers are putting themselves at increased risk of facing serious financial repercussions by not taking measures to adequately cover themselves in the event of a travel emergency, experts have warned. Describing communi More… |
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Intercol, Nexus in deal to market LIC productsIntercol and Nexus have signed an agreement to market LIC International products in Bahrain. Intercol director Abdul Rahman Ali Alwazzan and Nexus general manager Emanuel Lantzos signed the deal. LIC International board members an More… |
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Living UAE’s ‘high life’ could leave expats hard upThe lavish lifestyle options offered by Dubai and Abu Dhabi and the “upgrade” culture in the UAE could lead many expatriates to end up spending far more money than they initially budgeted for, said a financial expert. More… |
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Living UAE’s ‘high life’ could leave expats hard upThe lavish lifestyle options offered by Dubai and Abu Dhabi and the “upgrade” culture in the UAE could lead many expatriates to end up spending far more money than they initially budgeted for, said a financial expert. More… |
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GCC residents' insurance, savings penetration to rise in 2015Insurance and savings penetration in the GCC is set to continue its rise next year due to developing regulations and increased awareness about the importance of financial security, according to leading insurance broker Nexus Group. More… |
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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 More… |
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Experts to discuss food-water-energy nexusA panel of leading experts will discuss the direct link between food, water and energy security and share experiences between Australia and the Middle East at special forums hosted by the Council of Arab-Australian Relations (CAAR) next month. More… |
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Nexus lauds Dubai health insurance plansLeading insurance broker Nexus Group has hailed Dubai Government’s recently announced compulsory health insurance scheme for workers in the emirate. Nexus said the new health insurance law, which will be rolled out in phases More… |
