The Board of Directors of Arab Insurance Group (ARIG) has passed a decision at a recent meeting to cease the underwriting activities...

Insurance firms in Egypt recorded a significant increase in their capital amounting to USD549.8 million, according to a statement by the Financial Regulatory Authority (FRA). A report marked the rise...

Saif Al Jaibeji believes consolidation and investment in technology will enable innovation within the industry. About 98 percent of the health insurance...

Across two power-packed days, an engaged audience of over 300 key industry leaders gathered from various markets comprising the GCC, Asia, Africa,...

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...

User charges employed in the health insurance system bring equilibrium to the issue of healthcare cost versus benefit, writes Dr. Faraz T. Khan. Given the complexities of healthcare delivery, costs...

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...

Jerome Droesch, CEO of Cigna, MENA region, describes how health insurance has evolved to facilitate the journey of the end user. Health and health insurance have come a long way. Insurance especially has evolved over the years from the age of paper files and over the counter sales to digitalisation...

A man has been sentenced to five counts of presenting fraudulent claims for insurance payment. He was allegedly the ring leader of a gang of 21 suspicious persons committing similar transgressions. The insured coordinated and...

Three advocates who filed duplicate insurance claims for the same motor accident case were recently suspended from practice for a five-year term by a disciplinary committee of their respective Bar Council. Their transgressions had initially come to...

A woman’s home was caught in the middle of flash flooding, forcing her to go by boat to retrieve her belongings. She said the bottom floor of her home was filled to the brim with...

Some insurers are now picking up on a trend of skipping the provider and sending massive checks for treatment directly to the patient. A lawsuit was promptly issued by the provider, a signal of an...