Middle East
UAE and Saudi Arabia life industry face consolidation says S&P
Regulatory pressures and fierce competition will lead to significant consolidation of the life industry in the UAE and Saudi Arabia over the next two years, according to a report by S&P Global Ratings.
Middle East | 23 Feb 17
Dubai’s DFSA signs cooperation with ESMA
The Dubai Financial Services Authority (DFSA) and the European Securities and Markets Authority (ESMA) have signed a new information sharing and cooperation agreement.
Health & Protection | 20 Feb 17
Market opportunity for critical health cover in UAE, Zurich finds
Residents of the UAE are willing to spend more on critical illness insurance cover than the global average, but remain significantly under-insured, according to a new report by Zurich International Life, Middle East.
Hansard’s alliance with UAE insurer Union goes live
Hansard International launched its new strategic alliance with UAE-based Union Insurance Co on Thursday, which includes the provision of two new savings and investment products under the brand name ‘Infinity’.
Soaring expat demand drives growth and new hires at ITA
Rising demand from local and expat clients in Dubai coupled with improved IT systems are the driving force behind Investors Trust Assurance’s “phenomenal growth” in the region, according to Philip Story, the life company’s head of distribution for EMEA.