IGIH reports net profit of $16.2m for H1
International General Insurance Holdings Limited (IGIH) reported earnings for the first half of the 2015 financial year. Overall, the…
Insurance
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Union Insurance Company Reports a 12% Increase in Gross Insurance Premium in H1 2015
Union Insurance Company , a leading provider of innovative customer-focused insurance products to individuals and organizations in the region, announced…
Zurich appoints appoints head of market management for MEA
Zurich Global Life has appointed Walter Jopp as head of market management for the Middle East and Africa following Paul…
ADNIC announces Q2 2015 results
Abu Dhabi National Insurance Company announced today its financial results for the second quarter ended June 30th 2015. Commenting…
A.M. Best affirms ratings of Oman Insurance Company
A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Oman…
Takaful takes 13 per cent of Egyptian insurance market
Figures published by the Egyptian Financial Services Authority show that life insurance premiums (new and existing) of Takaful insurance companies…
GCC Islamic insurance sector facing shake-up
GCC countries have experienced massive regulatory change with respect to the insurance sector over the past 12 months, a move…
Bahraini insurer ARIG plans full ownership of Takaful Re
ARIG is discussions to buy the remaining 46 percent of shares it doesn't already own in Takaful Re ,subject to…
Regulatory Changes Cause A Shakeout In Gulf Islamic Insurance Markets, Says Report
The Gulf states have experienced massive regulatory change with respect to insurance over the past 12 months. Recent measures…
BPL Global targets further growth with Dubai office opening
The opening takes the number of BPL Global offices to five – joining London, Paris, Singapore and Hong Kong. …
Abu Dhabi Global Market Consults Open Market on Additional Financial Services Regulations and Rules
Abu Dhabi Global Market, the international financial centre in Abu Dhabi, today published additional draft consultation papers and draft legislation…
L&G sells Egyptian life insurance joint venture to AXA
Jointly announced sale of Commercial International Life Insurance Company SAE (CIL) to AXA for 763m EGP ($97.5m USD) Completion…