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United Arab Emirates tag returned 633 results

  • UAE: Travel insurance with COVID-19 coverage

    VFS Global, a visa outsourcing and technology services specialist for governments and diplomatic missions worldwide, has launched a travel insurance that will provide COVID-19 health-related coverage, exclusively developed by global insurers such as AXA, Allianz and AIG.

    Middle East | 27 Oct 2020
  • UAE: Medical insurance costs expected to rise by 8% in 2021

    Employer-sponsored medical insurance costs are expected to increase by 8% in the UAE next year, following a year in which the COVID-19 pandemic has shaken healthcare demand and overall costs globally, according to research by Willis Towers Watson, a leading global advisory, broking and solutions company.

    Middle East | 27 Oct 2020
  • UAE: Insurance Authority merges with Central Bank

    The UAE's Insurance Authority has been has merged with the country's Central Bank, Dubai Ruler and Prime Minister Sheikh Mohammed bin Rashid Al-Maktoum announced on Twitter yesterday.

    Middle East | 25 Oct 2020
  • UAE: New digital car insurance plan rewards safe driving

    UAE drivers who drive safely on the road will now be rewarded with free meals, discounted hotel stays and gym memberships if they sign up for the UAE's first digital car insurance product called hala.

    Middle East | 25 Oct 2020
  • UAE: Govt backed credit insurer offers Shariah-compliant solutions

    Etihad Credit Insurance (ECI), the federal export credit company set by the UAE, has launched Shariah-compliant export credit solutions to boost the country's halal export industry. The solutions are offered under the brand 'ECI Islamic'.

    Middle East | 25 Oct 2020
  • UAE: Survey looks into causes of traffic jams

    A car occupancy survey in the UAE has revealed a high percentage of car dependency (83%) as compared to public and alternative transport. About 6 out of 10 motorists are alone in their cars for 80-100% of trips.

    Middle East | 19 Oct 2020
  • UAE: Insurance brokers seek review of new regulations on commission payments

    The revenue of insurance brokers in the UAE is expected to be dented by a new commission payment structure which took effect from 15 October.

    Middle East | 18 Oct 2020
  • Lebanon: Insurer's operations insulated largely from economic and political risks

    The credit fundamentals of Al Ittihad Al Watani (L'Union Nationale) Societe Generale D'Assurances du Proche Orient (Al Ittihad) will remain largely insulated from the heightened risk in the economic, political and financial system of Lebanon, where the company is domiciled and holds some assets, given that the majority of its operations and investments are located in the UAE, says AM Best.

    Middle East | 15 Oct 2020
  • UAE: Reinsurance negotiations indicate tightening of terms

    Negotiations currently underway between local insurance companies and global reinsurers are witnessing a tightening of terms in January 2021 reinsurance renewals.

    Middle East | 14 Oct 2020
  • UAE: InsurTech companies Bayzat and Sehteq among MENA's 50 most-funded startups

    Four insurance-related providers are among the 50 most-funded startups in the region in 2020, according to a Forbes report.

    Middle East | 12 Oct 2020