Nas Neuron Health Services (NNHS), a leading health insurance third-party administrator in the region, is unveiling a new brand identity.
The board of directors of Orient Insurance has proposed the distribution of cash dividends for 2024 amounting to AED400m ($109m), representing 80% of the company's issued share capital of AED500m. In comparison, Orient paid cash dividends of AED300m for 2023.
While higher reinsurance costs in the UAE will spur premium growth, they may also weigh on earnings, particularly those of smaller and midsize players, according to S&P Global Ratings credit analyst Emir Mujkic.
Several developments, set to be introduced in the UAE in 2025, will bolster insurance industry revenues, provide a secure, healthy environment and improve the quality of life across the country, according to a report of the board of directors of Sukoon Insurance.
Orient Insurance, the UAE's biggest insurer, has announced that it has been granted approval by the Central Bank of the UAE to establish a branch in Kuwait.
The financial and solvency positions of the larger UAE insurers including ADNIC are generally resilient in the face of the heavy damage caused by floods in April 2024, according to the board of directors of Abu Dhabi National Insurance Company (ADNIC) in a discussion and analysis report as it released its financial results for 2024 in February 2025.
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has approved the distribution of 45% cash dividends for the financial year ended 31 December 2024, at the company's Annual General Meeting (AGM) on 27 February.
Liva Group, a leading insurance group operating across the GCC, and Relm Insurance -- a specialist insurer dedicated to emerging sectors -- yesterday signed a strategic partnership to empower innovation and entrepreneurship in emerging sectors such as digital assets, AI, biotech and the space economy.
The GCC healthcare industry is poised for strong growth driven by macro-economic factors, the expansion of mandatory health insurance and a growing and ageing population, according to UAE-based Alpen Capital, an investment banking advisory firm.
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has announced record financial results for 2024, coinciding with celebrating 20 years since its establishment, and continues to bolster Dubai's position as the region's financial services capital.