November 23, 2024
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Middle East Views

Middle East Views

PwC: Tech to be catalyst for health

PwC Middle East’s ‘Care Anywhere: Moving health and wellness out of the hospital into the hands of the consumer’ report has observed that technology is providing the opportunity for new ways of accessing and delivering healthcare. In a society that is living longer, with Governments facing the growing burden of...

2019: Property insurance market to hit QAR6.4 bn

The property insurance market in Qatar is expected to remain the largest in the non-life insurance sector at QAR6.4 billion (USD1.8 billion) over the next three years, according to a report by Timetric.. The report predicts a bright future for property insurance in Qatar, fuelled by projected infrastructure spending ahead...

AIG enters crowdfunding space

American International Group (AIG) has launched a new insurance product for the fast-growing crowdfunding investment industry. Eureeca, a Dubai-headquartered global crowd investing platform, is the first platform to offer investors the AIG coverage. The new product – Crowdfunding Fidelity – is the first crowdfunding insurance product to offer investors protection...

MENA supply chain risk at stable levels

Supply chain risk in the Middle East and North Africa region remained relatively stable during the first quarter of the year, at 4.371, according to the CIPS Risk Index, produced by Dun & Bradstreet for the Chartered Institute of Procurement & Supply (CIPS). The score remains high, however, by historical...

RSA inks bancassurance deal with FGB

RSA, has announced that it has signed an insurance distribution partnership agreement with FGB, in it’s first-ever deal with the bank. Chris Dooley, CEO – UAE & MD – Bahrain, and David Harris, director – Distribution at RSA; Girish Advani, executive vice president and head of Personal Banking and Kunal...

Chedid Capital makes UAE acquisition

Chedid Capital Holding, in collaboration with prominent investors in Dubai, announces the acquisition of 75 percent of Al Manara Insurance Services Co Ltd Sharjah, an insurance brokerage firm operating in the United Arab Emirates. This move is part of the company’s expansion and consolidation plan in countries of the EMEA...

RSA, Now Health to launch global healthcare plan

RSA Insurance has announced that that they will be launching an international health insurance proposition in partnership with Now Health International as the post-sale administrator of plans within the UAE.   The new partnership, which offers the high quality of coverage and access to worldwide healthcare via the WorldCare plan,...

Health to see more changes

Dubai hospitals will soon have a grading or star system in place, which will increase health standards, according to a presentation by Dr. Amin Hussain Al Amiri, assistant undersecretary of Public Health Policy and Licencing at the Ministry of Health and Prevention. He was speaking at the Health Insurance Conference...

RAK Insurance, IMG launch Mediglobal policy

RAK Insurance and the International Medical Group (IMG) recently entered into agreement to jointly launch a new IPMI product. Titled Mediglobal, the product is developed by IMG, who have over 25 years of experience providing global benefits and assistance services in all parts of the globe. The product will be...

Zurich moves into takaful space

Zurich Insurance is set to have full ownership of MAA Takaful in Malaysia, after the deal received regulatory approval, giving the insurer entry into the world's second largest Islamic insurance market. MAA Takaful, one of Malaysia's 11 Islamic insurers, is a joint venture launched in 2006 by MAA Group Berhad...

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