Brokers News

27 I 10 I 2016

The Central Bank of Bahrain (CBB) plans to issue new Islamic insurance standards. The central bank would continue to enhance and improve the regulatory infrastructure for the growth and improvement of the industry, he said. Standards last issued by CBB for takaful...

14 I 10 I 2016

Dubai residents will be able to replace their health insurance cards with their Emirates ID cards. The new deadline for insurance companies to integrate the insurance card details into Emirates ID cards was the first quarter of 2017.

 
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10 I 10 I 2016

Omani insurance companies are expected to achieve 10-11% growth in GP revenue this year, a top-level official of a leading insurance firm said; among various business classes, medical insurance and motor insurance are growing rapidly.

 
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01 I 09 I 2016

The Council of Cooperative Health Insurance is developing an integrated electronic platform for the health insurance sector so as to link all stakeholders. The new electronic system aims to speed up the approval process of insurance companies with health service...

01 I 09 I 2016

Listed insurers in the UAE reported combined net profits of AED570 million (US$155 million) in the second quarter of 2016, 118% higher than the AED261 million netted in the corresponding quarter in 2015, according to Orient Insurance.

 
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01 I 09 I 2016

Net earnings in the Kuwaiti takaful sector are likely to improve in 2016, as companies are slowly adjusting their motor business following a number of loss-making years.

 
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