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UAE: Motor insurance rates decline

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The Emirates Insurance Association (EIA) has revealed that the average car insurance rates in the...
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GCC

Public Authority for Social Insurance opens bank account for job security system

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August 17, 2020 | 7:30 PM by Times News Service Image used for illustrative purpose Muscat: The Public Authority for Social Insurance has opened a bank...
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GCC

Oman’s share index ends marginally lower

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August 17, 2020 | 4:07 PM by United Securities Muscat: The MSM index closed at 3,551.35 points, down 0.25 per cent from the previous close.The...
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GCC

Sehteq will have an additional investment of $3m to support its technology arm

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GCC

South African insurer introduces pandemic health insurance

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South Africa-based GENRIC Insurance Company has introduced a new insurance product called 'Pandemic Shield' to...
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GCC

Total economic loss of Istanbul giant quake could exceed US$16bn

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The total damage caused by a possible massive magnitude-7.5 earthquake that hits Istanbul can reach...
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GCC

Arig announces its operations are in run-off

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Shareholders of Arab Insurance Group (Arig) have approved the run-off of the regional reinsurance company...
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GCC

Aman posts improved net profits in 1H to slash accumulated losses

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Dubai Islamic Insurance and Reinsurance Company (Aman) has recorded net profits attributable to shareholders of...
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GCC

ME insurers to bear brunt of insured losses from Beirut blast

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Insurers in the Middle East are expected to absorb a large part of the losses...
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GCC

Abu Dhabi insurance company Daman appoints new CEO

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GCC

Cigna clinches WELL™ Gold accreditation for regional head office

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Cigna Insurance Middle East has become one of the first global health services companies in...
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GCC

Watania sees 136% climb in 1H net profit

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National Takaful Company (Watania) has more than doubled its net profit to AED16.6m ($4.52m)...
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budget 2021: Samir Arora on why millenials shouldn’t make insta decisions based on Budget

Asia News Desk - 0
During the 2020 Budget, the Finance Minister had said that the FY22 Budget will be made in a manner never seen in 100...
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What is insurable interest? – The Economic Times

Asia News Desk - 0
1. A person is said to have an insurable interest in something if he would suffer loss or get adversely affected if that...
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Choosing the frequency of an MCLR reset for your loan

Asia News Desk - 0
When interest rates fall, it is beneficial for borrowers to have a shorter reset period as rate cuts will be passed on quickly...
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Cyber risks: Need to popularise cyber insurance

India Laws News Desk - 0
The panel says that there are certain aspects of cyber insurance that require a consensus and Common Reference Framework to bring about clarity...
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