UAE unveils crackdown on banks selling insurance policies
The UAE Central Bank is cracking down on insurance products sold via banks after receiving a growing number of mis-selling…
Insurance
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Dubai National Insurance and Reinsurance Q1 profit falls
* Q1 net profit 20 million dirhams versus 23.3 million dirhams year ago * Q1 gross premiums 85.3 million…
Standard Chartered Inks Zurich Deal
Standard Chartered Bank and Zurich Insurance Group have signed an exclusive decade long strategic partnership to offer life insurance. …
Insurance sector lifts Saudi bourse
The Tadawul All Share Index on Monday rose 0.1 percent as most insurance stocks were lifted by the exceptional financial…
Paul Evans to replace Brendan Dolan as UAE head at Old Mutual
Paul Evans has been named as Old Mutual International’s new head of region for the Middle East and Africa, taking…
BKIC mandatory offer for Takaful International
Following the acquisition, the Board of Directors received notice from BKIC stating its intention to give a mandatory offer to…
Takaful Oman set to launch the country’s first automated insurance machine
Takaful Oman, the Sultanate’s pioneering Takaful insurance firm, will soon introduce Automated Insurance Machines as part of an innovative move.…
Bank Leumi and Chinese Insurance Giant Ping An to Cooperate in Promoting Israeli High-Tech in China
Israel’s Bank Leumi and Ping An has signed a strategic cooperation agreement earlier this week to promote the entry and…
GCC insurers' gross premiums will grow, 2017 profitability may be volatile
This is despite the current economic slowdown in the GCC region, which is the result of relatively low oil and…
MetLife partners with LIMRA for globally recognised certification
Together with LIMRA, MetLife will offer highly accredited training and certification to its bancassurance partners’ financial advisers. The prestigious…
Hibob teams with UK insurance co Aviva
The company is developing a platform that enables employees to select an insurance policy in 15 minutes without an agent.…
Bahrain buys Korea health system
South Korea signed a contract Monday to export its health insurance information management system to Bahrain. It was Korea’s first…