AXA Green Crescent Insurance Company (AXA GCIC) has launched what it calls a first-of-its-kind workplace savings product that is locally developed to support efforts at narrowing the retirement savings gap for employees in the UAE.
Abu Dhabi National Insurance Company (ADNIC) has posted a net profit of AED133.6m ($36.4m) for the first quarter of this year, a 9% increase compared to the corresponding quarter last year.
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has announced that its credit rating has been upgraded from 'A-' to 'A' with a 'Stable' outlook by ratings agency Standard & Poor's (S&P).
Dubai Investments Company, a public joint stock company listed on the Dubai Financial Market and one of the leading investment companies in the Middle East, has announced the execution of a deal under which it acquired 21.53% of the shares of National General Insurance (NGI) from Emirates NBD.
Fitch Ratings has announced that its Dubai branch (Fitch Dubai) has been granted a licence by the Securities and Commodities Authority (SCA).
Insurers have been receiving and rejecting a number of claims from vehicle owners who lose their cars to fraudsters.
High premiums, and the fact that mental health coverage is optional for private-sector companies, limit access by employees to mental illness insurance coverage, according to experts and doctors specialising in this field.
Oman Insurance Company (OIC), one of the UAE's biggest insurers, has a track record of strong operating performance, demonstrated by a 10-year (2011-2020) weighted return-on-equity (ROE) ratio of 8.2%, notes AM Best.
Sehteq, Dubai-based health InsurTech start-up, has announced that Dr Hazem Al Madi has joined company as a managing partner.
National Takaful Company "Watania" has approved a dividend payment of 7.5% to shareholders for 2020. Last year marks the 3rd consecutive year the company has declared dividends, following 6% declared in 2019 and 5% in 2018.