ACE holding News

27 I 08 I 2014

The UAE Securities and Commodities Authority has approved the purchase of a 60.53% share of Watania’s paid-up capital by MB UAE Investments.

MB UAE Investments will acquire a 51% stake in the Abu Dhabi-based insurance company, while its...
25 I 08 I 2014

The latest trends in the Mena brokerage industry.

24 I 08 I 2014

Insurance companies should be more focused on delivering training to their staff, according to a panel of experts at the latest Mena IRbreakfast briefing.

Husain Al Ajmi, assistant director and head of centre insurance at the Bahrain...
21 I 08 I 2014

Since the advance of Islamic State of Iraq and the Levant (ISIL) into northern Iraq two months ago, underwriters have increased political risk premiums by about 10% for existing clients and by 50% for new policies, according to Clements Worldwide, a Washington-based...

01 I 07 I 2014

Telematics has been around for years, but has been slow to catch on among MENA insurers. Is it...

In June, Qatar Insurance Company (QIC) announced its plan to pilot a telematics solution to assess drivers’ behaviour, which will eventually be used as a basis to develop new pay-how-you-drive (PHYD) insurance plans. 
 
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02 I 04 I 2014
The UAE’s Insurance Authority and the Asia Competitiveness Institute (ACI) in Singapore have reportedly signed a Memorandum of Understanding (MoU) to boost cooperation between the two insurance markets.
 
Under the MoU, the parties...