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United Arab Emirates tag returned 539 results

  • UAE: IA mulls new stimulus package

    The UAE Insurance Authority (IA) is considering to launch a new stimulus package as part of a series of measures to support the insurance sector amid the COVID-19 crisis.

    Middle East | 19 May 2020
  • UAE: Telemedicine consulting expected to cut health insurance claims

    Telemedicine consulting has become more widespread in the current COVID-19 pandemic, and its usage is expected to increase even after the end of the pandemic. The online medical consultations would help reduce health insurance claim amounts.

    Middle East | 13 May 2020
  • UAE: Insurance Authority sets up crisis and emergency management chamber

    The UAE Insurance Authority has created a Chamber for Crisis and Emergency Management for the insurance sector to ensure coordination of national efforts during emergencies, crises and disasters in accordance with the national plans for response and recovery.

    Middle East | 12 May 2020
  • UAE: Regulators act jointly to stress use of FinTech to prevent money laundering

    UAE regulators have asked financial institutions (FIs) and designated non-financial businesses and professions (DNFBPs) to utilise reliable technology and FinTech tools to comply with anti-money laundering (AML) rules and combat the financing of terrorism (CFT).

    Middle East | 10 May 2020
  • UAE: Noor Takaful partners with tech start-up to bring essential services to customers

    Noor Takaful and Dubai-based fuel delivery start-up CAFU have signed a partnership virtually, giving their customers savings and service benefits that are geared towards helping customers upkeep their vehicles and insurance while society stays at home in an effort to curb the spread of COVID-19.

    Middle East | 06 May 2020
  • UAE: Daman and healthcare providers form 'Alliance to fight COVID-19'

    The National Health Insurance Company - Daman has joined the Department of Health-Abu Dhabi (DoH), the Authority of Social Contribution - Ma'an, Etihad Airways and other public and private healthcare providers to combine efforts with Plug and Play ADGM to form the 'Alliance to fight COVID-19' (AFC-19). Together they hope to bring some of the best start-ups from across the globe to collaborate in the fight against the COVID-19 pandemic across the region.

    Middle East | 06 May 2020
  • UAE: Salama shareholders vote to raise foreign ownership cap

    Shareholders of Islamic Arab Insurance Company (Salama) have approved an increase in the company's foreign ownership limit to 49% from 25% previously.

    Middle East | 06 May 2020
  • UAE: Insurance Authority limits disputes committee's scope of authority

    The UAE Insurance Authority has recently released a resolution (No 9 of 2020) amending the scope of the jurisdiction of the Insurance Disputes Committees (IDC), notes Ince, an international commercial law firm.

    Middle East | 06 May 2020
  • UAE: Noor Takaful online solutions for SMEs and corporates

    Noor Takaful and Deem, a digitally-led financial services provider, have signed a partnership to offer new solutions for corporates and SMEs to access insurance products online while they are working remotely and quarantined from their homes, in light of the impact caused by the COVID-19 pandemic.

    Middle East | 05 May 2020
  • UAE: Kuwait's biggest insurer invests in financial comparison platform

    yallacompare.com, a leading finance comparison website in the region, has raised $4.25m of fresh capital from Kuwait-listed Gulf Insurance Group (gig).

    Middle East | 05 May 2020