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United Arab Emirates tag returned 324 results

  • UAE: Authorities work to tighten mandatory health insurance scheme

    The number of people in Dubai who are covered by health insurance has increased to 4.7m currently, from 1.8m in 2013 when the authorities decided to introduce mandatory medical insurance in the emirate.

    Middle East | 23 Jan 2019
  • UAE: Emiratisation pace seen as slow

    The level of emiratisation in the UAE insurance sector is currently still below the target rate of 13%, despite the efforts of the Insurance Authority to increase job opportunities in the industry for UAE nationals.

    Middle East | 22 Jan 2019
  • UAE: Dubai Health Authority signs up third party administrator

    The Dubai Health Authority (DHA) has signed an agreement with Neuron to serve as the third party administrator (TPA) for the emirate's Saada health programme.

    Middle East | 20 Jan 2019
  • UAE: Cash collection remains problematic for insurers

    Balances due from other insurers in the UAE market is a material component of insurance debtors for the UAE market, according to A.M. Best.

    Middle East | 17 Jan 2019
  • UAE: Debate over insurance sales by vehicle registration firms

    Dozens of car agencies and vehicle registration offices in various emirates are selling motor insurance without appropriate licences, according to an investigation by the newspaper Al Khaleej. They reportedly receive insurance sales commissions that are described as service fees for vehicle handling services.

    Middle East | 16 Jan 2019
  • UAE: Regulator lays out 3-phase implementation schedule for IFRS 17

    The UAE Insurance Authority has set out a three-stage plan for the implementation of the International Financial Reporting Standard for insurance contracts (known in short as IFRS 17) for all insurance companies operating in the country in order to facilitate a rapid and smooth transition, according to a circular issued by Mr Ebrahim Al-Zaabi, director general of the Insurance Authority.

    Middle East | 15 Jan 2019
  • UAE: Pay-as-you-go motor insurance to be introduced shortly

    The UAE insurance market is about to price new motor insurance products (comprehensive and third party liability) according to the distance driven by the customer.

    Middle East | 10 Jan 2019
  • UAE: Financial comparison platform Yallacompare secures US$8m new funds

    Yallacompare, a regional financial comparison site for financial products, has raised $8m from existing venture capital partners and a new significant investor in its latest funding round.

    Middle East | 08 Jan 2019
  • UAE: Insurance premiums estimated to have broken through AED50bn mark in 2018

    Total insurance premiums written in 2018 are expected to have exceeded AED50bn ($13.6bn) last year, the first time the industry has broken through this mark.

    Middle East | 07 Jan 2019
  • UAE: Motor insurance premium rates fall by 15-18% in 2018

    Premium rates for comprehensive and mandatory third party liability motor insurance policies in the UAE fell by between 15% and 18% in 2018 compared with 2017, according to the Emirates Insurance Association and several managers of insurance companies operating in the UAE.

    Middle East | 06 Jan 2019

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