Tuesday 21 November 2017
 
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Insurance

New insurance for shipowners launched

The Hong Kong China War Risk Syndicate (HKCWRS), a new marine insurance facility, was launched today (November 20) with the aim of protecting Chinese and Asian ship owners from the risks of war and related perils such as piracy. T

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Sports car drivers in UAE ‘could be under-insured’

Drivers of sports cars in the UAE may be under-insured – in some cases drastically – according to an analysis from yallacompare, a leading comparison site in the Middle East. Using data from policies sold through its c

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Adnic 9-month profit up 24pc to $47.5m

Abu Dhabi National Insurance Company (Adnic), a top multi-line insurance provider, has posted a net profit of Dh178.5 million ($47.5 million) for the first nine months of the year, an increase of 24 per cent over the same period last year.

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Adnic International enters UK market

Abu Dhabi National Insurance Company (Adnic), one of the leading regional multi-line insurance providers for corporates and individuals, has announced today its expansion into the UK market with the opening of a representative office in London

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New health insurance plan for Dubai residents launched

Global insurance broker Pacific Prime has announced it has partnered with Orient Insurance, Allianz Worldwide Care to help deliver a new international insurance solution for individuals in Dubai. The plans provide people with exceptiona

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Travel insurance cover - worth it or not?

Despite over 38 per cent of UAE residents having seen an incident while travelling in the past 12 months, the majority do not take out travel insurance when flying internationally, a survey revealed. According to a survey from yal

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Tawuniya launches 2nd phase of skills program

Saudi Arabia’s Company for Cooperative Insurance (Tawuniya) has launched the second phase of its Fast Track Insurance Technical Program (FIT2). The program aims to develop the technical skills of Saudi talents to obtain the ACII,

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QIC Group records 14pc growth in premiums

Qatar Insurance Company (QIC), a leading insurer in Qatar and the Middle East North Africa (Mena) region, recorded a growth of 14 per cent in gross written premiums (GWP) to QR6.24 billion ($1.71 billion) in the six months ended June 30, 2017.

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Adnic wins 'Best Insurance Company' award

Abu Dhabi National Insurance Company (Adnic), one of the leading regional multi-line insurance providers for corporates and individuals, has been adjudged as the Best Insurance Company at the Banker Middle East (BME) Awards 2017 held last week i

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More UAE residents opt for travel cover on holidays

UAE residents have their minds set on travelling safely this summer, with compareit4me.com, the Middle East’s leading comparison site, having recorded a 62 per cent increase in the number of visits to its travel insurance comparison portal

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