The Financial Regulatory Authority (FRA) has issued a decision establishing stricter risk management and underwriting standards for the individual personal insurance branch.
Abu Dhabi-headquartered Al Ain Ahlia Insurance Co (AAAIC) has reported slower topline growth and weaker underwriting results than similarly rated peers over the past few years, noted S&P Global Ratings (S&P).
The Directorate General of Hajj and Umrah Economic Ecosystem Development (PE2HU) at the Ministry of Hajj and Umrah is strengthening efforts to improve protection for Umrah pilgrims by developing the Umrah Travel Shariah Insurance (ASPU) ecosystem.