UAE high-flyers launch financial products comparison platform
Two former senior Citibank executives who left to set up an insurance broker business have launched a platform to enable…
Insurance
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Chartered Insurance Institute opens Middle East and Africa office
Gaenor Jones has been appointed regional director of the Middle East and Africa (Mea) to head up the Chartered Insurance…
Swissglobal acquires Premium Insurance in continued Middle East expansion
Financial solutions provider Swissglobal today announced the acquisition of insurance provider Premium Insurance, a move that extends Swissglobal’s presence in…
Sukuk issuance to reach $100bn in 2018: Moody’s
Global sukuk issuance is expected to reach $90-$100 billion in 2018, in line with 2017 levels, says Moody's Investors Service…
ADGM’s aviation finance structure utilised in sukuk issuance
The Abu Dhabi Global Market said it had facilitated the transaction of a 12-year sukuk issued by Natixis and Noor…
Bank Aljazira renews two insurance deals with Aljazira Takaful
Saudi-based Bank Aljazira has renewed two insurance agreements for its personal finance portfolio and mortgage portfolio with Aljazira Takaful Taawuni…
SNIC Insurance selects TCS for digital transformation project
Tata Consultancy Services has announced that Bahrain-based SNIC Insurance which was formerly known as Saudi National Insurance Company has selected…
Qatar Re shuts down Singapore unit
Bermuda-based Qatar Reinsurance Company (Qatar Re), a subsidiary of Qatar Insurance Company (QIC), has ceased writing new and renewal business…
AXA acquires Islamic reinsurer Emirates Re
AXA Group's specialist run-off acquirer and manager has acquired a majority stake in Emirates Re. Emirates Re, an Islamic…
Suspension lifted at Holborn Assets
Holborn Assets had its insurance intermediary licence suspended on 18 June after having violated rules introduced in 2013 concerning the…
Euclid Transactional Expands into Europe, Middle East and Africa
Euclid Transactional has announced that it has launched a UK subsidiary to offer transactional insurance underwriting and claims handling solutions…
Holborn Assets has Dubai licence suspended
Dubai-based Holborn Assets Insurance Brokers has had its Insurance Authority licence suspended for three months, in a rare case of…