Recent high profile cyber-attacks at some of the region’s biggest oil and gas facilities indicate that IT security breaches have mutated from a privacy concern to a massive financial, economic and political threat. As the only large-scale platform of its kind in the region to specifically address the issue of...
HSBC Middle East has signed an exclusive 10-year agreement with Zurich Insurance Middle East to distribute its personal and commercial General Insurance products in the UAE, with other MENA markets to be considered in the future. The agreement exemplifies HSBC’s relationship with Zurich in the region following the 10-year contract...
While risk environment and business climate continues to deteriorate in South European countries, Coface is maintaining its country risk assessment for the GCC. Coface Emirates Services in partnership with National General Insurance (NGI) hosted its annual MENA country risk conference at the Atlantis, Palm Jumeirah on the 15th of April....
The Annual Insurance Ball was held on 15th February 2013 at the Atlantis Hotel, Dubai. The event was organised by a group of Indian Managers in Insurance Companies (GIMIC), who have been organising this event successively and successfully for the past 20 years. The event set the stage for a...
Zurich Insurance Middle East has been named ‘Cargo Insurer of the Year’ at the Trade and Export Middle East Excellence Awards in Dubai. The first Trade and Export Middle East Excellence Awards honour organisations that play a significant role in the promotion of trade and investment in the region. The...
Leading industry players, thought leaders and key regulators in the international Takaful (Islamic insurance) industry will take part in the 8th Annual World Takaful Conference (WTC 2013) to be held in Dubai between the 15th – 16th of April 2013, at the Dusit Thani. The two-day event will feature high-profile...
According to Coface Emirates Services, a subsidiary of the French based Coface credit insurance group, Trade Credit Insurance (TCI) in the UAE is predicted to grow by 50 percent within the next 2 years with commensurate increases in the Gulf region. Coface’s quarterly country risk assessment survey states that TCI...
According to a report in the Al Ittihad newspaper, insurance companies have decided to charge different rates after their customer database showed that certain nationalities caused more losses than others. European nationals living in the UAE benefitted the most as they paid just 1.8 percent of their vehicle’s estimated price...
The National Health Insurance Company – Daman has launched its biggest annual blood donation drive. Running for the sixth consecutive year, the drive ran for 8 days and was open to the general public. The drive was for two days in Al Ain (6-7 March 2013), five days across Abu...
The National Health Insurance Company – Daman, has won a bid to provide Arabtec Holding with health insurance for its 20,000 employees. The contract includes provision of enhanced health insurance plans for Arabtec’s 16,000 labourers. It also includes benefits from access to Daman’s UAE network of healthcare providers, as well...
