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Middle East

New UAE Insurance Authority rules mean added costs

Middle East | 6 Feb 14

New UAE Insurance Authority rules mean added costs

The cost of doing business for brokers in the UAE is set to rise significantly because of new legislation introduced by the Insurance Authority.

Zurich Int’l temporarily suspends terms

Middle East | 6 Feb 14

Zurich Int’l temporarily suspends terms

Zurich International in Dubai has suspended its terms of business with Continental Insurance Brokers‚ according to industry sources.

More than 50 financial services firms join DIFC

Middle East | 5 Feb 14

More than 50 financial services firms join DIFC

The Dubai International Financial Centre saw the total number of companies registered with it jump by 14% over the last year, including 55 new financial services firms.

uae insurance authority signs new broker

Middle East | 4 Feb 14

uae insurance authority signs new broker

Legislation introducing tighter‚ more punitive rules for brokers based in the United Arab Emirates is believed to have been signed into law.

lazard poaches ing im execs for dubai office

Middle East | 4 Feb 14

lazard poaches ing im execs for dubai office

Lazard Asset Management is to open an office in Dubai to support its existing MENA fund management activities, and has hired ING Investment Management CEO Farah Foustok to lead the office.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.