Generali partners with Rakbank to sell its products into the UAE
Assicurazioni Generali has signed a bancassurance agreement with the National Bank of Ras Al-Khaimah in the United Arab Emirate. …
Insurance
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Qatar Insurance Company (QIC) reports record net profit of $275 million
The Group has grown its asset base to $4.4 billion from $3.2 billion in 2013, while maintaining robust levels of…
Retirement saving shortfall predicted by HSBC survey for UAE residents
The majority of residents in the UAE are facing the prospect of a shortfall in their retirement savings. HSBC’s The…
Trust Re appoints new chief operating officer
Bahrain-based reinsurance firm Trust Re has appointed Kamal Tabaja as its chief operating officer with retrospective effect from December last…
RSA Said to Work With UBS on Possible Sale of Middle East Unit
RSA Insurance Group Plc is considering the sale of its Middle Eastern business as the U.K. insurer seeks to raise…
Bank Muscat Q4 profit drops in absence of insurance payout
Bank Muscat, Oman's largest lender, posted a 26.6 percent decrease in its fourth-quarter net profit on Thursday, missing analysts' estimates…
Alexbank Launches Bank assurance Program with MetLife Alico
ALEXBANK (a member of the Intesa Sanpaolo Group) and Pharaonic American Life Insurance Company - MetLife Alico , one of…
Qatar Re appoints Alastair Speare-Cole as Chief Underwriting Officer
Qatar Re announced the appointment of Alastair SpeareCole as Chief Underwriting Officer, effective 12 January 2015. Alastair Speare-Cole joins…
International Takaful Summit returns to the UK for its 9th Instalment
After a 2 year absence from London the Takaful industry returns to the UK’s capital this February in the 9th…
UAE employers urged to offer retirement plans to retain talent
Employers in the UAE should offer retirement benefits as part of remuneration packages to retain human resources, according to a…
Report: Fragmentation Threatens Islamic Banking's Bright Future
Innovation Arabia 8 Following calls for a central bank of Islamic banks and more regulation in the Arab world's…