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Brand, price ‘key factors in buying life insurance’Brand reputation and price have the greatest influence on people’s decision to buy life and critical illness insurance in the UAE, said Friends Provident International (FPI), a top provider of life assurance, pensions and investment produc More… |
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VAT to hurt UAE insurers’ performance in 2018: S&PThe newly introduced VAT in the United Arab Emirates will hurt the operating profits of almost all insurers this year, said leading financial information and analytics provider S&P Global in its latest RatingsDirect report. Th More… |
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Takaful, Takaud partner for Sharia-compliant solutionsTakaud, a top savings solutions provider, and Takaful International, Bahrain’s leading Islamic insurance company, have partnered to provide Takaful’s individual and corporate life insurance clients with innovative Sharia-compliant in More… |
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Xpress Money offers free life insuranceXpress Money, a leading money transfer business, has launched a free life insurance cover scheme for its Bahrain remitters in partnership with Union Insurance. Designed specifically to suit the blue-collared population, the monthly rene More… |
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Crescent Global new venture in BahrainCrescent Global Group has announced the launch of a managing general agency (MGA) arrangement to oversee the development of a regional life platform. Crescent Global Vie will be based in Bahrain and has great expansion ambitions, More… |
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BIA seminar to spotlight Africa-Asia insuranceBahrain Insurance Association (BIA) will be hosting a life insurance seminar focused on the African and Asian market in collaboration with the Federation of Afro-Asian Insurers next month. The first Life Insurance Experience More… |
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NBAD, Adnic offer insurance to cardholdersThe National Bank of Abu Dhabi (NBAD) has partnered with Abu Dhabi National Insurance Company (Adnic) to offer life insurance cover to NBAD’s payroll cardholders. More than 450,000 NBAD Ratibi cardholders will be offered life insurance cov More… |
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Medical, life insurance markets growingGrowth in the Middle East insurance market is particularly strong in the fields of medical, healthcare and life insurance business, said experts at the ongoing Middle East Insurance Forum (MEIF 2012) in Bahrain. But people are more cautiou More… |
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Insurer banks on Mideast employee benefitsLife insurer Friends Provident, now part of the British group Resolution, sees a rise in employee benefits in the Middle East as a springboard to growth in the region's nascent insurance industry, an executive said. "The main focus is on t More… |
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UAE mortgage market adopting global insurance trendsThe UAE mortgage market – currently valued at Dh20 billion ($5.4 billion) – is estimated grow to Dh64 billion within the next three years alone and life insurance premiums to grow 18 per cent annually, it has emerged. For the UAE, new rese More… |
