The findings also reveal that life-altering illnesses are affecting individuals at increasingly younger ages
insurance
Latest in insurance
insurance
Saudi insurance sector records $960m profit in 2024
Saudi insurance market records growth as regulations support market
insurance
Saudi Insurance Authority proposes expanded coverage for vehicle lessees, drivers in draft law amendments: Report
The proposed draft aims to protect the rights of the insured and further improve the vehicle insurance sector
Dubai
Continental Group reports 26% insurance premium growth in 2024, expanding total active insurance coverage to $6.9bn
Continental Group’s role in ensuring financial stability was underscored by the processing of $7.4 million in claims in 2024
Aviation
Flyadeal introduces new travel insurance packages from $3
Flyadeal expands offering with affordable travel insurance cover for passengers
gcc insurance sector
Saudi insurance sector thriving as revenue surged 16.9% last year
Saudi insurance sector assets hit $22.6bn in 2024
DIFC
DIFC partners with Lloyd’s to boost future talent in insurance sector
The agreement, which envisages a longstanding partnership, will help support development of a talent pipeline into the fast-growing Middle East region
insurance
Orient Insurance announces official launch in Saudi Arabia
The inauguration of Orient Insurance’s offices in Al Ghadir, Riyadh, marks the company’s expansion into the Saudi market
insurance
UAE expands health sector with new insurance coverage for workers
The UAE allocated AED 5.745 billion, representing 8% of the federal budget for the 2025 fiscal year, to healthcare and community prevention services
Corporate tax
UAE salaries to fall; Corporate Tax changes; Top Dubai real estate areas; Drone deliveries launched – 10 things you missed this week
UAE and Saudi salary updates, Dubai real estate analysis, Corporate Tax changes, major health insurance update and more top stories this week
Health insurance
UAE launches major health insurance package for private sector from $87 per year
UAE’s Ministry of Human Resources and Emiratisation launches new insurance product for private sector employees and domestic workers
insurance
Saudi insurers’ profits shift to top 5 firms as smaller rivals struggle: Report
The S&P report forecasts that top-line growth in Saudi Arabia’s insurance sector will moderate to about 10-15% in 2025
Brand View
A changing climate for regional reinsurance
Modelling a data-powered, risk-informed future for our industry against environmental odds
insurance
Growth strategy paying off as Takaful Emarat turns the corner
Company posts a net profit of $2.18 million for Q3 2024, compared to a loss of $231,450 in the same period last year
DFSA
Rokstone opens Dubai office in DIFC
Rokstone handed licence from Dubai Financial Services Authority to operate in DIFC
insurance
Saudi authorities launch first coastal tourism insurance product
Saudi Arabia announces coastal insurance in effort to boost tourism
insurance
Saudi Arabia launches expat insurance to cover financial defaults
Saudi HR and insurance authorities launch new product to cover expat workers for financial defaults