Sukoon Insurance, one of the leading insurance providers in UAE, has announced that it has officially received its mainland fund administrator licence from the country's Capital Market Authority, thus establishing Sukoon Workplace Savings Solutions Fund Administrator.
Emirates is developing a new travel insurance product that would guarantee passengers can return home even if flights are disrupted by conflict-related events, including by arranging seats on rival airlines when necessary, the airline's President has said.
Shipping insurers are likely to re-examine their ability and willingness to provide cover due to the present situation around the Arabian Gulf, International Union of Marine Insurance (IUMI) has said.
Abu Dhabi has launched the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster to expand the emirate’s role as a global capital hub. By 2045, FIDA is projected to contribute an additional $15.2 billion to the emirate's direct GDP.
