Under the guidance of the Capital Market Authority (CMA), Oman Re recently organised a workshop for senior leaders within the insurance community in Oman, part of the Oman Insurance Association, to progress on the journey towards building a Nat Cat Insurance program for Oman. The workshop discussed local, regional and...
Dubai International Financial Centre (DIFC) has announced that General Reinsurance AG (Gen Re) has established a Middle East office in the Centre to expand its presence in the region. Gen Re is a fully owned subsidiary of General Reinsurance Corporation and part of the Berkshire Hathaway group of insurance companies, Gen Re...
Saudi EXIM Bank has announced that it recently concluded a reinsurance agreement with“Compagnie Française d’Assurance pour le Commerce Extérieur” also known as COFACE, as part of its efforts to drive the development and diversification of Saudi Arabia’s non-oil exports and promote international economic and trade cooperation. The cooperation aims at...
The Department of Health – Abu Dhabi (DOH) has extended fee exemption period for individual health insurance subscribers until January 2, 2022. The move is part of the commitment to ensure continuous access to healthcare for all members of the community. The exception applies to individuals who are self sponsored,...
Aetna International has found in a new survey — which polled over 1000 workers in the UAE — that many employees are reluctant to use health and well-being benefits offered by their employers, for fear of being judged and worries about how management will react if they find out. When...
Zurich Insurance Group (Zurich) is inviting startups from around the world to enter a new edition of the Zurich Innovation Championship for a chance to grow and collaborate on solutions to some of the insurance industry’s biggest challenges. Zurich kicked off the championship at the Web Summit 2021 in Lisbon,...
Health minister Feras Al Hawari recently said that access to comprehensive health insurance will be attained by 2030 by Jordan by signing a number of international conventions. Speaking at the “Towards Comprehensive Health Coverage in Jordan” conference, Hawari noted that His Majesty King Abdullah, in the letter of designation to prime minister Al Bisher Al Khasawneh’s government, directed it to expand the base of subscribers to...
Abdulla Al Nuaimi, CEO of Dubai National Insurance and Reinsurance (P.S.C.) [DNI], was recently awarded the accolade of ‘World’s Greatest CEO’ at the 15th Asia-Africa Business & Social Forum 2021 by AsiaOne Magazine in the presence of Dr. Aman Puri, consul general of the Republic of India in Dubai, Omar Al Humaidi,...
SHUAA Capital has announced that its insurance assets under management have grown to USD136 million to date and are expected to reach half a billion dollars within the next three years. Over the past three years, SHUAA has managed the equity and debt (fixed income) portfolios of five major insurance...
The Ministry of Health and Prevention (MoHAP) and the Emirates Health Services (EHS) recently held the Mental Health Innovation Lab, under the theme “Driving progress towards a sustainable and scalable model of mental health care”. The event was held in partnership with Janssen, a pharmaceutical companies under the Johnson and Johnson label,...
