by Vasu Jit Kalia | October 2, 2024 | Insurance
The Central Bank of the UAE (CBUAE) has announced that the total profits of the country’s insurance sector amounted to AED2.5 billion in 2023, compared to AED1.96 billion in 2022. This increase was mainly driven by increase in net investment income of the...
by Vasu Jit Kalia | September 25, 2024 | Insurance
A new regulation issued by the Central Bank of the UAE for the insurance brokers will come into effect next year. According to this regulation, insurance brokers in the UAE cannot combine their role with any other insurance-related profession, nor can they become...
by Jennifer George | September 3, 2024 | Insurance, News
The National Bank of Ras Al Khaimah, formally recognized as RAKBANK has announced the launch of Protego, an insurance aggregator platform poised to revolutionize how users navigate insurance in the UAE. Protego Insurance Brokers L.L.C is a 100% subsidiary of the...
by Vasu Jit Kalia | August 2, 2024 | Insurance
ABU DHABI, 31st July, 2024 (WAM) — Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a cooperation agreement with the International Development Bank (IDB), the largest banking network in Iraq, to support the ‘Xport Xponential’...
