High-net-worth insurer Transamerica Life Bermuda eyes Dubai expansion after securing DIFC licence
UAE insurance
Latest in UAE insurance
Daman
UAE insurance giant eyes growth with expansion into $16.8bn Property and Casualty market
PureHealth’s Daman makes move into the UAE Property and Casualty insurance market
Global ratings
UAE insurance sector to grow 20% this year: S&P Global Ratings
S&P Global Ratings has forecast significant growth for the UAE insurance sector
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
CBUAE
UAE insurance sector profits hit $681m in 2023: Central Bank
Central Bank data points to significant uplift in UAE insurance profits, with Dubai leading the way
CBUAE
UAE insurance sector growing with premiums up 31% to $9.72bn in H1
The UAE insurance sector has witnessed ongoing growth in the first half of the year, according to Central Bank data
insurance
Out of the red: Ketchup stain insurance policy sees Heinz squeeze out juicy 18% sales hike
Heinz Arabia reports 18 per cent increase in UAE ketchup sales since launch of unique insurance policy
Binghatti
Dubai rain recovery plan; UAE petrol prices; real estate investment tips; Schengen visa changes; tax warning – 10 things you missed this week
Dubai rain recovery plans, UAE petrol prices set to change, real estate investment analysis and more of the biggest news stories this week
dubai rain
UAE insurance rates could surge following rain and severe weather
S&P Global Ratings says impact on insurance company earnings following heavy rain in the UAE could lead to rate increases for customers
CBUAE
UAE orders banks and insurance companies to allow 6 months of payment deferrals without cost following heavy rainfall
CBUAE orders banks and insurance companies to allow payment deferrals to customers facing rain damage
global ratings agency
UAE insurance companies set for revenue boost as premiums surge 20%
The UAE insurance sector will see premiums increase by up to 20 per cent, according to Standard Poor’s Global Ratings Agency
CBUAE
UAE Central Bank issues $327,000 fine to insurance company
UAE Central Bank dishes out $327,000 fine to insurance company
CBUAE
UAE insurance sector expanding, boasts $36bn in assets
UAE insurance sector has grown almost 10 per cent in the first nine months of the year
car insurance
UAE announces major vehicle insurance rule
UAE introduces mandatory insurance rule for foreign vehicles entering the country
CBUAE
UAE Central Bank removes insurance company board
CBUAE sanction insurance company over law-breaking, board replaced
Business Interruption Insurance
Setting up a business: 10 insurance policies a company must buy, according to experts
From property insurance to workmen’s compensation insurance to cyber protection covers, here is a list of insurance types to consider whilst setting up your business in the UAE