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Business News
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Category: Insurance

Mantas Raises Funding to Expand Cloud Outage Insurance for the Digital Economy
Insurance

Mantas Raises Funding to Expand Cloud Outage Insurance for the Digital Economy

Mantas is launching a category of insurance designed for modern business risks: cloud outages and digital risks. The company applies a fresh

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#CloudInfrastructure, #InsurTech, #Mantas, #MENA, #SeedFunding
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Takaful Emarat Successfully Completes Capital Increase, Reaching AED 210 Million
Insurance

Takaful Emarat Successfully Completes Capital Increase, Reaching AED 210 Million

A Landmark Achievement Reflecting Shareholder Confidence and Strategic Vision UAE, Dubai, 25 December 2024: Takaful Emarat – Insurance PJSC, a leading provider

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#Capital Increase, #Dubai Financial Market, #Insurance, #Takaful Emarat, #UAE Economy
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Orient Insurance Reports Strong Q3 2024 Performance with Significant Year-over-Year Growth
Insurance

Orient Insurance Reports Strong Q3 2024 Performance with Significant Year-over-Year Growth

Dubai, 15 November 2024: Orient Insurance, the leading insurance provider in the UAE and a subsidiary of Al-Futtaim, today announced strong financial

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#Financial_Results, #Insurance_Revenues, #Orient_Insurance, #Sustainable_Growth, #UAE_Economy.
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BENEFIT Collaborates with Zphin and Atyaf to Launch Innovative Consumer Lending and Insurance Marketplace in Bahrain
Insurance

BENEFIT Collaborates with Zphin and Atyaf to Launch Innovative Consumer Lending and Insurance Marketplace in Bahrain

Bahrain – October 8, 2024: BENEFIT, the Kingdom’s fintech leader, has partnered with Zphin and Atyaf eSolutions to launch Bahrain’s first Consumer

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#Atyaf, #Bahrain, #BENEFIT, #ConsumerLending, #Fintech, #InsuranceMarketplace, #Zphin
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“Saudi Re” Appoints Ahmed Al-Jabr as New CEO
Insurance

“Saudi Re” Appoints Ahmed Al-Jabr as New CEO

Riyadh, KSA, October 1, 2024: Saudi Reinsurance Company, known as “Saudi Re,” has announced the appointment of Ahmed Al-Jabr as its new

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#FinancialServices, #InsuranceIndustry, #LeadershipChange, #Reinsurance, #SaudiRe
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Americans Will Spend an Average of $15,000 on Insurance by 2028, 7x more than Europeans and 30x more than Asians
Insurance

Americans Will Spend an Average of $15,000 on Insurance by 2028, 7x more than Europeans and 30x more than Asians

Although countries like China, Japan, the United Kingdom, and Germany all have large insurance markets, the United States remains the biggest spender

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Business News, Dubai, Insurance, insurance markets
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SALAMA strengthens UAE presence with new Abu Dhabi office
Insurance

SALAMA strengthens UAE presence with new Abu Dhabi office

Dubai, May 13, 2024: Islamic Arab Insurance Company (DFM listing: “SALAMA”), UAE’s largest Takaful solutions provider, has strengthened its regional position with the

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Abu Dhabi, Business News, Business News magazine, Dubai, Islamic Arab Insurance Company, SALAMA, UAE
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Best: UAE Insurers Adapt to Changing Weather Trends as Latest Flooding Costs Mount
Insurance UAE

Best: UAE Insurers Adapt to Changing Weather Trends as Latest Flooding Costs Mount

LONDON–(BUSINESS NEWS) April 18, 2024–AM Best expects the recent extreme weather that caused severe flash flooding in the United Arab Emirates (UAE)

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Business News, Business News magazine, Dubai, Dubai flood
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SALAMA records full-year revenue of AED 1.11 billion; achieves 20% revenue growth in 2023
Insurance

SALAMA records full-year revenue of AED 1.11 billion; achieves 20% revenue growth in 2023

Dubai, UAE; February 15, 2024: Islamic Arab Insurance Company, listed as “SALAMA” on DFM, announced its preliminary results for the 2023 fiscal year.

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Business News, Business News magazine, Dubai, SALAMA
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DIFC Steers Dubai’s Position as a Global Insurance and Reinsurance Hub with Unparalleled Growth
Business News Insurance UAE

DIFC Steers Dubai’s Position as a Global Insurance and Reinsurance Hub with Unparalleled Growth

  DIFC attracts influx of new insurance and reinsurance clients, on track for 20 per cent YoY growth. · H1 2023 gross written premiums

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Business News, Business News magazine, DIFC, Dubai, Global Insurance and Reinsurance, UAE
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