MIG News

27 I 08 I 2014

The UAE Securities and Commodities Authority has approved the purchase of a 60.53% share of Watania’s paid-up capital by MB UAE Investments.

MB UAE Investments will acquire a 51% stake in the Abu Dhabi-based insurance company, while its...
24 I 08 I 2014

Insurance companies should be more focused on delivering training to their staff, according to a panel of experts at the latest Mena IRbreakfast briefing.

Husain Al Ajmi, assistant director and head of centre insurance at the Bahrain...
21 I 08 I 2014

Since the advance of Islamic State of Iraq and the Levant (ISIL) into northern Iraq two months ago, underwriters have increased political risk premiums by about 10% for existing clients and by 50% for new policies, according to Clements Worldwide, a Washington-based...

01 I 07 I 2014
In June, Qatar Insurance Company (QIC) announced its plan to pilot a telematics solution to assess drivers’ behaviour, which will eventually be used as a basis to develop new pay-how-you-drive (PHYD) insurance plans. 
 
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02 I 04 I 2014
The UAE’s Insurance Authority and the Asia Competitiveness Institute (ACI) in Singapore have reportedly signed a Memorandum of Understanding (MoU) to boost cooperation between the two insurance markets.
 
Under the MoU, the parties...
10 I 03 I 2014

The Global Retirement Index (GRI) for 2014 has ranked the UAE as the ideal country for retirement among 18 Arab countries and the 26th most favourable destination for retirees among 150 countries worldwide.

The UAE is followed by Qatar (31st), Kuwait (40th...