Abu Dhabi weighing sale of 24 pct stake in insurance firm ADNIC-sources
State-backed Abu Dhabi Investment Council is weighing the sale of its nearly 24 percent stake in Abu Dhabi National Insurance…
Insurance
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Zurich names Peter Huber as CEO of international business
Peter Huber has been appointed chief executive of Zurich International, bringing together as one team the insurer’s international life businesses…
Oman Qatar Insurance share offer opens for subscription
Oman Qatar Insurance Company SAOG (under transformation), a leading insurance company in Oman, has announced the opening of its Initial…
BPL Global opens for business in Dubai
BPL Global, the leading specialist credit and political risk insurance (CPRI) broker, has been granted a brokerage license by the…
Interest-free insurance expected to draw investments from Gulf
Turkey's Deputy Prime Minister in charge of the economy Mehmet Şimşek announced Thursday that they have established the infrastructure of…
Takaful remains challenged sector within Islamic finance industry
While Islamic banking and investments are on a solid path to form competitive ecosystems within the global finance industry, that…
Merger set to create largest takaful firm
The entire business of Solidarity General Takaful is proposed to be transferred to Al Ahlia Insurance Company, which is also…
Why conventional insurance will outpace takaful in the GCC
Overall premium growth in conventional insurance will fare better than the Islamic insurance segment, or takaful, this year, according to…
UAE reports resilience in takaful premium growth
Despite the general decline premium growth across the GCC in 2016, the takaful sector in the UAE showed the most…
Kuwait's KFH-Takaful signs insurance services agreement with Porsche Club
Ahmed Al-Nowaif - Marketing and Development Department Manager at KFH-Takaful stressed the importance of improving ties with the Youth segment…
Oman Qatar Insurance to float IPO on Muscat bourse
Oman Qatar Insurance Co, a leading insurance company in the Sultanate, plans to float 25 million shares through an initial…
Smaller insurance brokers may be nudged out of the market by new IA regulations
Smaller insurance brokers may be pushed out of business after the UAE Insurance Authority (IA) issued a new circular on…