ACE Insurance Brokers today announces the appointment of Adil H Al Lawati as Senior Vice President in Oman.
Earnest Insurance, UAE’s preferred Insurance Broker, is celebrating 15 years of serving clients with sincerity and trust, while delivering quality professional services. Founded in 2004, Earnest Insurance today is a leading insurance brokerage providing a broad range of insurance products and risk-management expertise.
Millennium Insurance Brokers has set its regional expansion plans in the Gulf with the opening of its Abu Dhabi branch, the 30th in its global network of offices.
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.