Sukoon Insurance, one of the UAE's largest insurers, has announced a strategic expansion of its credit insurance business.
Union Insurance Company's (Union) reported strong financial performance in the last two years with a net income return on equity (ROE) of 17.3% in 2025 and 17.1% in 2024 (2023: -1.2%) and a three-year average ROE of 11.1%, notes Fitch Ratings.
The UAE listed insurance sector carried its positive momentum into the first half of 2026, delivering another round of healthy growth underpinned by strengthening underwriting performance, according to BADRI Management Consultancy.
Ransomware activity targeting the Middle East surged to its highest level during a 17-month period assessed by CloudSEK, jumping from 17 threat intelligence feeds in April 2025 to 357 in June 2026 - more than a 20-fold increase.
HWF Partners has appointed Ms Panayiota Burquier as Tax Director in its Dubai tax insurance practice.
Allianz Trade, the world leader in trade credit insurance, has opened its new office at the Dubai International Financial Centre (DIFC), marking a strategic milestone in the company's regional growth journey.
Etihad Credit Insurance (ECI), the UAE's federal export credit company, has signed a Memorandum of Understanding (MoU) with Euler Hermes, acting on behalf of and for the account of the Federal Republic of Germany, to strengthen export credit cooperation between the UAE and Germany.
Digital insurer HAYAH Insurance yesterday announced the launch of HAYAH Academy, a structured learning programme designed to improve insurance and financial understanding across the UAE. It will serve brokers who advise clients, HR and finance leaders responsible for employee benefits, and individuals planning their financial futures.
Sukoon Takaful and Ajman Bank have signed a memorandum of understanding (MOU) to establish a strategic partnership aimed at providing the bank's customers with access to Sharia?h-compliant takaful solutions that address their protection and financial-planning needs.
Tysers Dubai has welcomed Mr Ben Lott to its non-marine team. In his new role, he helps develop the property and casualty (P&C) portfolio across MENA alongside Mr Younes Younes, who joined the (re)insurance broker in December 2025.