DWIC 2020 – Page 3
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NewsDubai Insurance Co. has numbers to back its return to growth
Its general insurance lines could see gains from an upcoming economy upturn
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NewsWhy UAE economy is positioned for strong post-COVID transformation?
The UAE economy poised for a fast recovery from the impact of COVID-19 and an overall transformation, according to the Institute International Finance.
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NewsPandemic’s second wave threatens to derail Dubai’s tourism surge
Dubai, one of the few destinations open to international travellers since July, has yet to impose the toughest restrictions after record daily infections in the UAE, in the hope that vaccinations will spare a repeat of last year’s lockdown.
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NewsCentral Bank of UAE begins procedures to execute Insurance Authority merger
Merger to transform Central Bank into one of the top 10 central banks globally
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NewsFitch: Saudi Insurance M&A Activity Increasing Despite Challenges
The changing regulatory landscape, the increased required minimum capital, and the fragmented market will further drive M&A activity for Saudi Arabian insurance companies, says Fitch Ratings in a new report.
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NewsMore UAE employees want ‘comprehensive’ insurance cover for mental health
“COVID shifted the focus of the individual, and employers need to face up to that when designing their health benefits,” said David Healy, CEO EMEA at Aetna International.
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NewsAM Best releases Country Risk Assessment Report on Iraq
The Country Risk Tier of CRT-5 for Iraq reflects a very high level of economic, political and financial system risk.
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NewsCommission cuts are too hard to absorb for UAE’s insurance brokers
This might be good for the insured person and beneficiaries, but could force most brokers to go out of business.
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NewsQatar insurance sector stands to gain from tourism, realty boost: S&P
’The restoration of ties between Qatar and the four Arab countries previously boycotting the country will improve political and economic co-operation within the GCC region,” the credit rating agency said.
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NewsGCC Secretary General welcomes reopening of Saudi Arabia-Qatar airspace
GCC Secretary General Dr. Nayef Mubarak Al Hajraf has welcomed the reopening of airspace and land and sea borders between Saudi Arabia and Qatar, announced by Sheikh Ahmad Nasser Al Sabah, Kuwaiti Foreign Minister.
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NewsBreakthrough reached in Gulf dispute with Qatar
The development is the latest in a series of Middle East deals sought by Washington - the others involving Israel and Arab states - aimed at building a united front against Iran.
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NewsAMNM partners with AlKoot Insurance and Reinsurance
The partnership provides AlKoot’s members access to AMNM’s world-class, patient-centric healthcare services in Qatar.
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NewsEtihad Credit Insurance certified as a Best Place to Work Company in UAE
ECI offers employee incentives such as health and family resources, promoting diversity programmes, and carrying out employee-wellness policies.
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NewsSpecial Report: Riding the Cycle
This special report, in partnership with the Dubai International Financial Centre, includes the highlights a roundtable debate hosted virtually by Global Reinsurance in October 2020 and the results of research conducted during September 2020.
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NewsAM Best places credit ratings of GIG under review with developing implications
The under review with developing implications status reflects AM Best’s uncertainty over the group’s post-acquisition risk-adjusted capitalisation, leverage and liquidity.
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Latest IssueGlobal Reinsurance Annual Edition 2020
The 2020 renewal season has been a sombre affair on many fronts, not least because it has involved virtual negotiations in this new normal
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NewsQIC Group appoints new CEO for Oman Qatar Insurance Company to drive forward strategic developments
This step comes in line with QIC Group’s consistent strategic approach that aims to focus on identifying local talent and empowering them to spearhead key developments within the QIC Group
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NewsDIFC’s Innovation Hub to support Dubai’s Future Economic Growth
This comes at a time when the most successful organisations are expediting their innovation agendas due to the COVID-19 pandemic.
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NewsAfrica Reinsurance Corporation (Africa Re) Group selects DIFC for Middle East expansion
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region has welcomed Africa Reinsurance Corporation (Africa Re) Group. The business will operate as Africa Re Underwriting Agency Limited (Africa Re) and the DIFC presence is their first office outside Africa.
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NewsDIFC FinTech Hive’s Accelerator programme to advance the role of women in financial services
DIFC FinTech Hive, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, revealed the 2020 launch of AccelerateHer, a female-focused career mentorship accelerator programme to empower women in financial services. The programme equips young, aspiring female executives with tools and experience to ...
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