Al Ahlia Insurance posts better half-yearly results; issue to close on August 2
Al Ahlia Insurance declared its unaudited interim results for the first six months of 2017, recording a growth of 14.5…
Insurance
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Aviva Creates New Asian Role
Aviva Investors, the global asset management business of Aviva plc announced the appointment of Thijs Hupkes in the newly-created role…
DFSA Fines and Bans former Senior Executive Officer
The Dubai Financial Services Authority (DFSA) has fined Mr Andrew Grimes, a former Senior Executive Officer (SEO) of a DFSA…
Cigna buys general insurer, to Expand in UAE
Cigna has announced the acquisition of general insurer, Zurich Insurance Middle East. The acquisition, which was successfully completed in…
Al Ahlia IPO opens for subscription
Al Ahlia Insurance Company has opened its initial public offering for subscription. This will be the first public issue on…
Al Ahlia insurance IPO opens for subscription
Al Ahlia Insurance Company SAOG announced the opening of its initial public offering (IPO) for subscription. Al Ahlia’s IPO,…
Credit Bank fire-caused losses more than USD 6 mln — director
Kuwait Credit Bank General Director Salah Al-Mudaf said on Wednesday losses inflicted at the news headquarters building due to the…
Bain Capital may invest $250 million in Star Health
Marque PE fund Bain Capital is in early talks to invest as much as $250 million in Star Health &…
IoM and UAE regulators ‘in talks’ over life sector overhaul
The Isle of Man Financial Services Authority has met with the UAE Insurance Authority to compare notes on pivotal life…
New GM named for Al Ahlia Insurance Company
Al Ahlia Insurance Company, a subsidiary of Solidarity Group Holding, has announced the appointment of Jawad Mohammed as its general…
Takaful is on good trajectory, but growth meets challenges
The Islamic insurance, or takaful, industry stands somehow in the shadow of the Islamic banking sector, partly because it doesn’t…
Saudi insurer MedGulf says weighing sale of business
The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi insurer known as MedGulf, is weighing putting itself up for…