Tag: Insurance Sector
Saudi’s SAMA & CBUAE sign MoU for mutual supervision of insurance...
The Saudi Central Bank (SAMA) and the Central Bank of the United Arab Emirates (CBUAE) have signed a Memorandum of Understanding (MoU), which aims...
Bahrain Kuwait Insurance Company unveils its new official logo
Bahrain Kuwait Insurance Company (GIG Bahrain), one of the largest leading insurance companies in the region, has launched its new logo as part of...
DIFC co-hosts 5th Dubai World Insurance Congress to shape sector’s future
The leading global financial center in the Middle East, Africa and South Asia (MEASA) region, Dubai International Financial Centre (DIFC), along with the financial...
Global insurance sector recovery will be speedier & robust than in...
Switzerland-based leading reinsurance company Swiss Re’s chief economist Mr. Thomas Holzheu has revealed that despite difficulties such as low-interest rates and inflation risk, the...
India’s PolicyBazaar raises $75mn to fund Middle East expansion
India-based online insurance marketplace PolicyBazaar has raised $75 million to fund its UAE and Middle East expansion plans. This investment is the largest financing...
CBUAE initiates procedures towards Insurance Authority merger
The Central Bank of the UAE (CBUAE) has started the process of taking over the supervision and regulation of the insurance sector in the...
