Al Wathba Insurance (AWNIC) marks a pivotal moment in its growth journey with the finalisation of a key strategic investment in London Bridge 2 PCC, Cell 27.
High net worth insurance solutions provider Sun Life has received the green light from the Dubai Financial Services Authority to begin operations in the Dubai International Financial Centre (DIFC).
BMS Group has announced the launch of BMS (DIFC), having secured the necessary licence and regulatory approval.
The UAE government has issued a new Federal Decree-Law amending key provisions of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, providing clearer mechanisms for calculating and settling corporate tax obligations.
A Dubai court has clarified that neither the insured, the driver responsible for an accident, nor the insured's employees -- if injured during work or as a result of it -- can claim compensation from the insurance company beyond the limit stated in the insurance policy's supplementary endorsement.
The majority (88.3%) of private-sector employees in the UAE have benefited from the unemployment insurance scheme.
Tysers Dubai has appointed Mr Younes Younes to its the non-marine team as a Divisional Director. In his new role, Mr Younes will help to drive the development of Tysers' property offering within the reinsurance division.
Global reinsurance giant Swiss Re and Abu Dhabi-headquartered AI-native reinsurance platform RIQ have teamed up to develop innovative capacity solutions, risk origination opportunities and AI-enabled capabilities across the UAE.
Takaful companies in the UAE posted a 23% jump in insurance revenue in the first three quarters of this year (3Q2025) to AED3.7bn ($1.0bn), a jump of 23% over the AED3.0bn reported for the corresponding period of 2024, according to BADRI Management Consultancy, an international and risk consulting firm.
Abu Dhabi has launched the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster, an initiative spearheaded by Abu Dhabi Department of Economic Development and Abu Dhabi Investment Office. FIDA aims to advance the next generation of innovative financial and investment solutions.