ACE holding News

26 I 03 I 2014

Increasing competition in the Mena region’s energy insurance market could actually drive energy capacity out of the market as it may become unprofitable to write.

That is a key concern flagged up in an analysis of the market by Mena Insurance Review...
10 I 03 I 2014

The Global Retirement Index (GRI) for 2014 has ranked the UAE as the ideal country for retirement among 18 Arab countries and the 26th most favourable destination for retirees among 150 countries worldwide.

The UAE is followed by Qatar (31st), Kuwait (40th...
10 I 03 I 2014

Growing demand for more sophisticated financial products and services helped drive growth in Bahrain's financial sector last year, according to the Economic Development Board (EDB) and Central Bank of Bahrain (CBB), with the trend expected to continue in 2014.

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29 I 01 I 2014
Restructuring in the insurance industry in the GCC states could be undertaken with increased and greater regulatory rigour this year, following a wave of wholesale regulatory reviews, predicts the international law firm, Clyde & Co.

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29 I 01 I 2014

 

Commercial lines business in Qatar is expected to benefit from a strong pipeline of infrastructure and construction projects with an estimated value of up to $200bn over the next decade. In addition, Qatar’s economy is expected to continue to...
27 I 01 I 2014

Insurers are likely to improve their performance this year, compared to 2013, following their adoption of prudent actuarial pricing and conservative reserve provisions, according to Standard & Poor's Ratings Services.

S&P expects to see...