Bupa Arabia inks $90mln insurance agreement with SNB
Bupa Arabia for Cooperative Insurance Company was awarded a SAR 337.33 million insurance deal from the Saudi National Bank (SNB)…
Insurance
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Ratings of Antares Re and Qatari parent are affirmed
AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” (Excellent)…
QIC launches three months free insurance promotion
Qatar Insurance Company, the leading insurer in Qatar and the MENA region, announced the launch of its exclusive end of…
UAE: Residents to now pay more for health insurance as premiums rise up to 35%
UAE residents will have to shell out more for their health insurance premiums as nearly a dozen companies have increased…
Global insurtech firm Democrance expands footprint in Saudi Arabia
Democrance, the global insurtech firm, has announced its expansion strategy in Saudi Arabia following the launch of the company’s Riyadh…
Abu Dhabi's ADNIC to acquire 51% stake in Saudi insurance firm
Abu Dhabi National Insurance Company is set to acquire a 51% stake in Allianz Saudi Fransi Cooperative Insurance Co for…
UAE: 5.73 million subscribe to unemployment insurance scheme
The Ministry of Human Resources and Emiratisation (MoHRE) revealed that approximately 5.73 million employees have subscribed to the Unemployment Insurance…
National Bank of Bahrain and bni sign new agreement
The National Bank of Bahrain has signed a memorandum of understanding (MoU) with Bahrain National Insurance (bni), Bahrain’s leading local…
Saudi's SAMA licenses two insurance aggregation companies
The Saudi Central Bank licensed 'Al-Tizam for electronic insurance brokerage' and 'Altheqa Insurance Brokers' to provide insurance aggregation services (soft…
Etihad Credit Insurance teams up with Adex to boost technology sector in Angola
Etihad Credit Insurance (ECI), the UAE’s federal export credit agency, has joined forces with the Abu Dhabi Export Office to…
Insurance House champions safe driving with a 28% discount on motor insurance for ‘Accident-Free Day’
Insurance House PJSC has slashing its motor insurance product premiums by 28% Off for prudent drivers for 30 days starting…
Saudi EXIM Bank signs export credit insurance deal with Evonik to boost non-oil exports
Saudi Arabia’s non-oil trade prospects are getting better with the Saudi Export Import Bank signing an export credit insurance policy…