Etihad Credit Insurance (ECI) has signed a Memorandum of Understanding (MoU) with the Jordan Loan Guarantee Corporation (JLGC) to explore, develop and strengthen the trade relationship between the Kingdom of...

Walaa Cooperative Insurance Company (Walaa) announced the signing of a non-binding Memorandum of Understanding with MetLife AIG ANB Cooperative Insurance Company to evaluate a potential merger between the two companies....

The Insurance Business Group gathered a few members within the industry to discuss the recent amended regulations on administrative fines. The role...

S&P Global Ratings recently laid out a few expectations and opportunities for the insurance industry during a presentation. A Premium report. S&P...

Five emerging risks have high relevance to the insurance industry according to Swiss Re’s latest Sonar report. The Swiss Re Institute recently released its Sonar report, outlining some of the...

The insurance industry is no different when it comes to transformation, making succession management critical to the business process, writes Thiru Naicker. Succession Management has topped the business agendas of...

Fadi Hindi, CEO of Takaful Emarat outlines the transformative approach taken to lend agility and competitiveness to a traditional organisation. Fadi Hindi, CEO of Takaful Emarat, is a firm believer of the benefits that technology brings an organisation. A visit to his office offers a clear statement supporting that fact:...

Premium recently spoke to Mohamed Naser Hamdan Alzaabi, director of Trade Promotion Department, UAE Ministry of Economy. What efforts are being made to encourage traders into availing of export finance facilities such as trade credit insurance? The Trade Promotion Department at the UAE Ministry of Economy endeavours to facilitate establishing and fostering strategic partnerships with key stakeholders across the board of...

A couple had their insurance coverage terminated by their insurer owing to non-payment of premium. The woman was unfortunately in the middle of pregnancy with their first child. They received a letter stating that the...

A former pharmacist has been sentenced to two years in prison for his involvement in a health-care kickback scheme that defrauded a military insurance program. He colluded with owners of the pharmacy involved in the...

A trucking company has been forced to close its doors and lay off all its staff owing to rising insurance costs. The owner said that the burgeoning insurance costs and charges for the settling claims...

Around 50,000 customers of an insurance company were accidently charged twice for their health insurance policies. Customers had double the fees taken out of their accounts due to a glitch in the system. Many of...