International General Insurance Holdings Limited today reported earnings for the 2018 financial year.
The year 2018 saw a strong recovery for IGI following the most expensive year for catastrophe losses on record in 2017. The Group has a clear and focused vision of growth in new and existing markets, putting IGI back in track for another robust performance for the 2018 financial year.
Takaful operators continue to gain traction in the United Arab Emirates (UAE) insurance market as the Takaful segment’s profitability has improved significantly in recent years, according to a new special report by AM Best. In its analysis of the preliminary disclosures of the nationally-listed Takaful operators on the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM), AM Best shows material improvements in overall performance, along with reasonable growth in gross written contributions (GWC). These improvements are in line with the increase in net earnings for the UAE market as a whole.
Ras Al Khaimah Economic Zone (RAKEZ) has recently teamed up with Sehteq,a new and unique online health portal, to provide its clients and their families cost-effective health insurance plans for as low as AED 550 per year.
Orient Insurance PJSC,a leading insurance company in the UAE, announced the winner of its online health insurance promotion for December 2017. The draw for the prize has been completed and the lucky winner, Muhammad Farooq, has been handed a Lexus car.
NTT DATA Services, a recognized leader in global technology services and a Platinum Cloud Standard member of Oracle PartnerNetwork (OPN), today announced a new end-to-end solution in collaboration with Oracle Insurance designed to improve operational efficiencies for government payers and health plans.
Seib Insurance & Reinsurance Company LLC (Seib), one of Qatar’s leading insurance and reinsurance company, is pleased to announce the successful completion of internship program for Qataris.
