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United Arab Emirates tag returned 446 results

  • UAE: New life insurance rules to be gazetted "imminently"

    The UAE Insurance Authority's (IA) much awaited new regulations for life insurance and family takaful are expected to be published in the Official Gazette imminently and take effect six months thereafter.

    Middle East | 10 Nov 2019
  • Global: Dubai Road & Transit Authority receives honourable mention for ERM

    The Dubai Road and Transit Authority (RTA) has received an honourable mention at this year's Global ERM Award of Distinction at RIMS's ERM Conference held on 4-5 November in New Orleans.

    Middle East | 07 Nov 2019
  • Saudi Arabia: SAMA signs mutual cooperation MoU with DFSA

    The Saudi Arabian Monetary Authority (SAMA) and the Dubai Financial Services Authority (DFSA) have enhanced their relationship when they signed a Memorandum of Understanding (MoU) to strengthen mutual cooperation in the supervision of banking and insurance.

    Middle East | 07 Nov 2019
  • UAE: Banks say insurers block mortgages with final payments scheduled after age of 70

    Banks in the UAE say that they are unable to comply with a new banking regulation which allows banks and finance companies to grant mortgage loans where the final repayment is scheduled for after borrowers turn 70. This is because insurance companies are refusing to insure mortgages beyond the age of 70.

    Middle East | 04 Nov 2019
  • UAE: Six-month health insurance waiting period clarified

    Preexisting health conditions are not covered during the initial six months of the purchase of a medical insurance policy when expatriates are applying for the insurance for the first time, a top official has said.

    Middle East | 03 Nov 2019
  • UAE: AXA eyes migrant worker market

    AXA in the Gulf has launched insurance services in collaboration with RISE, a FinTech company that facilitates access to financial services for migrant workers and domestic helpers.

    Middle East | 31 Oct 2019
  • UAE: Cigna helps individuals visualise stress in order to take control of health

    Cigna Insurance Middle East earlier this month launched its Stress Care initiative in the UAE, dedicated to raising awareness about the long-term impact of stress - a known contributor to chronic diseases - and reducing its prevalence among residents.

    Middle East | 27 Oct 2019
  • UAE: AWNIC inaugurates first blockchain recovery transfer in ME

    Abu Dhabi headquartered Al Wathba National Insurance Co (AWNIC) has announced the first move of its kind in the Middle East in transferring recovery files using blockchain technology. The first transfer took place on 16 October through the blockchain enabled technology platform MIRSAAS, a B2B motor insurance claim recovery blockchain settlement layer offered by Addenda Technologies.

    Middle East | 24 Oct 2019
  • UAE: GWP growth eases in 2018

    UAE insurance premiums have dropped for the first time in a decade but the market continues to preserve its leading role in the MENA region, according to a report issued at the 16th Gulf Insurance Forum held in Dubai last week.

    Middle East | 22 Oct 2019
  • UAE: Dental insurance abuse highlighted

    One medical insurance benefit vulnerable to misuse by providers (and beneficiaries) is the dental plan. The alarming effects of this are not just seen in insurers' loss ratios but also in long-term dental costs, and the policyholder's health and wellbeing, says Dr Moona Menezes, dentist and medical claims benefits specialist at Aetna International.

    Middle East | 17 Oct 2019