Between 2016 and 2021, insurance markets in the UAE and Oman are anticipated to grow at the fastest annualised average pace of 12.1 percent, followed by Saudi Arabia at 10.5 percent, according the latest GCC insurance industry report by Alpen Capital. The premium growth in Oman is likely to be...
“There are 700 million new malware samples released since the beginning of this year,” said Alper Basaran, director of Business Resiliency at Marsh. He was speaking at the 2017 RIMS Risk Forum Middle East held in Dubai recently. He highlighted this fact during a panel discussion on quantifying cyber risk...
The Dubai Health Authority (DHA) has announced the launch of a Basmah initiative, making Dubai the first government entity in the world to provide a complete spectrum of care from screening to treatment for three types of cancer under the basic benefit plan of the Dubai Mandatory Health Insurance Scheme....
Control Risks has identified five key drivers of geopolitical risk to organisations in the Middle East in 2018. The rise of Russia and China as regional players – The US’s role in the Middle East has gradually changed from being the undisputed arbiter to an actor that is occasionally absent,...
Minister of Health Dr. Jamal Al-Harbi has announced that the Ministry has referred a draft legislation on insurance against medical errors to the Fatwa (legal advice) and Legislation Department of the cabinet. “The department is supposed to study the legal, financial and administrative aspects of the draft as a prelude...
The Ministry of Health and Prevention is expected to release this month, an impending Code of Ethics intended for professionals within the medical and pharmaceutical institutions. The regulation is the outcome of a meeting earlier this year that was held among the Board of Trustees of the pharmaceutical sector composing...
Qatar Insurance has said that it had renewed the business licence for the company’s branch in Abu Dhabi, more than two months after saying it would close because of an ongoing regional political crisis. The branch will continue to conduct normal activities, Qatar Insurance said in a bourse statement. Earlier...
Humaid Al Qutami, chairman of the Board and director general of the Dubai Heath Authority (DHA) recently met with officials from NTT Data Services, an international organisation that manages health insurance. He emphasised the importance of constantly developing the insurance system in Dubai to simplify the customer’s journey and enable...
A draft of a comprehensive social health insurance law has almost been finalised and is expected to be submitted to the House of Representatives within two weeks, Health minister Ahmed Emad Eddin said. Eddin stated to Egypt Independent that the bill mainly aims to preserve the quality of services and...
Two Moroccan agricultural insurance and re-insurance companies, Mutuelle Agricole Marocaine D’Assurances (MAMDA) and MAMDA Reassurance have signed a partnership agreement with the Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) to expand the range of agricultural insurance products and coverage in Nigeria. The partnership is designed to...
