Morgan Lewis advises FWU on Inaugural Sukuk on life insurance contracts
This represents the first time an Islamic bond structure has been deployed on a block of life insurance policy contracts.…
Insurance
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Zurich Int’l Life splits banking distribution channels in Middle East
Zurich International Life in the Middle East has split its bank distribution division, creating two separate channels dealing with local…
GCC insurance industry to reach $40bn by 2017
Kuwait Financial Centre in its recently published executive summary of GCC Insurance report analyzes the trends in insurance…
Global firms eye stake in Turkey's Acibadem Sigorta
Three global firms are in the race to buy a stake in leading Turkish health insurer Acibadem Sigorta, sources familiar…
Nexus Insurance Brokers Named Region's Best Independent Financial Advisor
Nexus Insurance Brokers has been named Best Independent Financial Advisor at the Banker Middle East Industry Awards. The accolade…
Standard Life seeks end to UAE moratorium on licences for insurers
The Edinburgh-based company says that a freeze on new licences - intended to combat saturation in the general insurance segment…
FGB recognised as ‘Best Bank in the UAE’ and ‘Best Bancassurance’ provider
First Gulf Bank (FGB), one of the major leading banks in the UAE, has been awarded the ‘Best Bank in…
Bank Sohar represents Oman at Tatweej Awards
Bank Sohar has won the distinguished Tatweej Academy's 'Golden Order of Merit in the field of prudent management and the…
Deloitte releases global Takaful Insurance market report
Key figureheads from the Islamic finance industry from across the world were brought together in June for the second year…
Takaful industry 'will face big challenges'
The takaful insurance industry faces a number of major challenges as it grows both in the region and across…
Asia Capital Re opens branch office in DIFC
Asia Capital Reinsurance Group have announced that it has opened its branch office in the Dubai International Financial Centre (DIFC),…
Asia capital re opens branch office in Dubai international financial centre
Asia Capital Reinsurance Group has announced that it has opened its branch office in the Dubai International Financial Centre, following…