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United Arab Emirates tag returned 250 results

  • UAE: AXA Liabilities Managers buys majority stake in Emirates Re

    The specialist run-off acquirer and manager, AXA Liabilities Managers (AXA LM), has entered into an agreement to acquire a majority stake in Emirates Re, once the largest independent international Islamic reinsurer handling retakaful business.

    Middle East | 19 Jul 2018
  • UAE: Motor premium rates dip in 1H

    Insurance premiums in the UAE declined by an average of AED169 ($46) or 8% in the first half of this year for the most insured car brands compared to the same period last year, according to a study from comparison site InsuranceMarket.ae and the classifieds platform dubizzle.

    Middle East | 18 Jul 2018
  • UAE: Dubai Mandatory Health Insurance Scheme now covers Hepatitis C

    The Dubai Health Authority (DHA) has announced the inclusion of free screening and treatment for hepatitis C under the basic benefit plan of the Dubai Mandatory Health Insurance Scheme.

    Middle East | 17 Jul 2018
  • UAE: Lack of liquidity pushes insurers into price undercutting

    The lack of liquidity in the auto insurance sector, coupled with the summer holiday season, have fuelled competition among insurers to reduce prices.

    Middle East | 15 Jul 2018
  • UAE: Insurance sector has exposure to hard-hit Abraaj Group

    Several listed companies, including insurers, have big exposure to the struggling Abraaj Group, the private equity company undergoing a court-supervised restructuring amid allegations of mismanagement of investors' funds. The firm has denied the allegations against it.

    Middle East | 12 Jul 2018
  • UAE: Most 1-year mandatory health policies in Dubai not renewed for second year

    More than 50% of one-year mandatory medical insurance policies in Dubai have not been renewed since the beginning of the year, which is counter to the law that requires all residents to have such coverage, insurance industry sources say.

    Middle East | 08 Jul 2018
  • UAE: Higher proportion of residents go abroad without travel insurance

    Despite over 73% of UAE residents travelling to a different country at least twice a year, the majority fail to purchase travel insurance ahead of trips, a survey conducted by yallacompare, the Middle East's leading comparison site, has revealed.

    Middle East | 03 Jul 2018
  • UAE: Auto insurance customers shun add-on covers

    Motor insurance buyers in the UAE are skipping add-on covers to reduce their premiums, new research from financial comparison site, Souqalmal.com reveals.

    Middle East | 02 Jul 2018
  • UAE: Govt approves insurance innovation strategy

    Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the UAE Insurance Authority, has approved the "Innovation Strategy in the Insurance Sector for 2018- 2021".

    Middle East | 01 Jul 2018
  • UAE: Prior regulatory approval a must for bancassurance products

    The UAE Insurance Authority (IA) has said that that all insurance companies and takaful operators have to obtain its authorisation before they sell products through banks.

    Middle East | 07 Jun 2018

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