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Results for

insurance

17 Results
  • Saudi insurance industry continues growth, up 26.8 pct in Q3 2022: KPMG

    Saudi insurance industry continues growth, up 26.8 pct in Q3 2022: KPMG

    Insurance companies in Saudi Arabia continued their topline growth momentum in 2022 with aggregate gross written premiums (GWPs) standing at $10.45 ...
    Economy
  • Nearly half of UAE residents rank life insurance as key concern following coronavirus

    Nearly half of UAE residents rank life insurance as key concern following coronavirus

    Life insurance has become increasingly important to UAE residents following the impact of the coronavirus pandemic, with 46 percent noting it as a top ...
    Coronavirus
  • Coronavirus outbreak will cost global insurance sector $203 bln, says Lloyd’s

    Coronavirus outbreak will cost global insurance sector $203 bln, says Lloyd’s

    The deadly coronavirus outbreak will cost the global insurance industry about $203 billion, the Lloyd’s of London insurance market forecast on ...
    Economy
  • Gulf insurers’ earnings under threat from coronavirus: S&P

    Gulf insurers’ earnings under threat from coronavirus: S&P

    The fallout from the coronavirus pandemic and tumbling oil prices threaten the earnings of insurers in the Gulf, S&P Global Ratings said on Wednesday, ...
    Economy
  • Oman Insurance may buy Axa’s Middle East operation: Sources

    Oman Insurance may buy Axa’s Middle East operation: Sources

    Oman Insurance Co. PSC is considering making a bid for the Middle Eastern operations of French insurer Axa SA, according to people familiar with the ...
    Economy
  • Saudi Arabia bans insurance and re-insurance activities within the same firm

    Saudi Arabia bans insurance and re-insurance activities within the same firm

     The Saudi Arabian Monetary Agency (SAMA) has prohibited combining insurance and reinsurance brokerage activities in the same company, effective ...
    Economy
  • Saudi insurers Walaa, Metlife AIG ANB consider merger

    Saudi insurers Walaa, Metlife AIG ANB consider merger

    MetLife AIG ANB Cooperative Insurance Co said on Tuesday it had signed a non-binding memorandum of understanding with bigger rival Walaa Cooperative ...
    Financial Markets
  • UAE Cabinet introduces new visa facilitation, foreign workers insurance scheme

    UAE Cabinet introduces new visa facilitation, foreign workers insurance scheme

    A new visa policy has been adopted by the Cabinet of UAE which is headed by Sheikh Mohammed bin Rashid, Vice President and Prime Minister of UAE and ...
    Gulf
  • Howard Gough and Cigna’s art of balancing global with local

    Howard Gough and Cigna’s art of balancing global with local

    “Go deeper”, “go local” and “go beyond”. That is how Howard Gough summed up the strategy of Cigna, the Connecticut ...
    lunch with a leader
  • Insurance claims in Saudi Arabia at an all-time high

    Insurance claims in Saudi Arabia at an all-time high

    Insurance claims in Saudi Arabia have surged to its highest ever record with an increase of 10 percent in 2016, while total insurance premiums, during ...
    Economy
  • Foreign insurers taking cautious look at Iran after nuclear deal

    Foreign insurers taking cautious look at Iran after nuclear deal

    Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers
    Economy
  • Sydney siege declared terrorist act for insurance claims

    Sydney siege declared terrorist act for insurance claims

    ‘I have today declared the siege a terrorist incident for the purposes of the Terrorism Insurance Act,’ Treasurer Joe Hockey said
    Banking & Finance
  • Pakistan insurance market set for takaful boost

    Pakistan insurance market set for takaful boost

    The regulator has now granted two takaful licenses and has up to 10 applications currently being finalized
    Banking & Finance
  • Disaster losses at $130bn in 2013, says Swiss Re

    Disaster losses at $130bn in 2013, says Swiss Re

    The reinsurance group cites natural catastrophes for the loss
    Economy
  • Bank Muscat says to recover pre-paid card fraud amount

    Bank Muscat says to recover pre-paid card fraud amount

    Bank Muscat fell victim of a globally coordinated pre-paid card fraud
    Banking & Finance
  • Saudi Arabia’s, Malaysia’s takaful markets thrive

    Saudi Arabia’s, Malaysia’s takaful markets thrive

    The Saudi Arabian and Malaysian cooperative and Islamic insurance (takaful) markets are the only two that are seeing growth especially in new policies ...
    Banking & Finance
  • India grants 3-month extension to Iranian marine underwriters, say sources

    India grants 3-month extension to Iranian marine underwriters, say sources

    India has extended a three-month approval to Iranian underwriters Kish P&I and Moallem Insurance Co for insuring ships and oil tankers calling at ...
    Energy
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