Besso Insurance Group is in the process of obtaining permissions to establish a reinsurance broking and managing general agency in Dubai.
The opportunity presented by Islamic insurance products could help offset the London market’s declining share of premium in developing markets according to Max Taylor, chairman of the Islamic Insurance Association of London.
Freight transport insurer TT Club is expanding its presence in Dubai to support the club’s existing claims team in the United Arab Emirates.
Markel has welcomed the proposed Dubai branch of Lloyd’s acknowledging the market cannot wait for business to come to London.
Online travel insurance broker Blue Insurances has completed a buyout of one of its founding directors, and shareholder, Rowan Devereux for just under €10m.
QBE has launched an excess of loss product for aviation liabilities in the Middle East.
Twenty four sales staff have been appointed or promoted by international medical insurer InterGlobal.
The top five news stories from www.insuranceinsight.com
Ms. Nyman’s recent piece in Insurance Insight entitled, “UAE Insurance Sector Expected to Grow in 2013” proved interesting to read for a number of reasons.
The regulatory environment for insurers in the United Arab Emirates is challenging but should not scupper growth in the short term, according to AM Best.
Clements Worldwide has launched an operation in Dubai, its first on-the-ground location in the MENA region.
Bahrain’s insurance regulator hopes new regulations will make Bahrain the jurisdiction of choice for takaful and retakaful globally.
Two UK-based partners from law firm Kennedys have relocated to the firm’s Dubai office amid growing demand for insurance related services in the Middle East.
Last week I undertook the first leg of my eating tour of the Middle East, or as I sold it to my employers, “covering the Middle East Insurance Forum in Bahrain”.
The Middle East can learn lessons from more mature insurance markets but needs to focus on strengthening its domestic talent pool, according to Enrico Bertagna.
Dr Michael Bitzer, CEO of UAE-based National Health Insurance Company – Daman has become the first new member inducted to the MENA Insurance CEO Club in 2013.
Typhon has launched a marine convoy escort service designed to enable ship operators to transit the Gulf of Aden, Arabian Sea and Indian Ocean in safety.
In the first of a two-part series Insurance Insight asked members of Insuralex, the global group of specialist insurance and reinsurance lawyers, to highlight their thoughts and predictions for the new year.
A standoff between insurers and one of the largest healthcare groups in the UAE may leave patients footing the bill for medical care from next month.
Most social science theories, including in economics, business and finance, are 'deductive theories' based on the modus ponens mechanism.
William Russell is giving price conscious clients in the United Arab Emirates the option to use a cheaper medical network in a bid to tackle premium inflation in the region.
A hike in motor rates for UAE drivers is expected after 330 road accidents were reported in Dubai in a seven-hour period.
The top five Asian news stories from www.insuranceinsight.com over the past seven days.
American International Group has launched a cyber-attack policy for companies in the Middle East, in what it claims is a first for the region.