Country: Middle East Page 3 / 4
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- December 12 2019
Political risk rises as US imposes more sanctions on Iran
Tensions are rising in the Middle East again.
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- October 16 2019
Claimed attack on Iranian tanker to raise war risk rates
The latest incident in the Middle East will drive rates up further.
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- June 17 2019
Persian Gulf marine war risk premiums soar
An increase in attacks and uncertainty has caused the cost of cover to rise and shipowners to worry.
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- April 23 2019
US oil sanctions against Iran to tighten
The move has ramifications for the specialist and marine markets.
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- March 29 2019
Japan extends Iran oil cover amid US sanctions
The decision by Japan's parliament could prove helpful for oil importers.
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- November 9 2018
CII appoints Thompson as international director
Professional body hires experienced hand for key position outside of the UK.
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- November 6 2018
Renewed US sanctions on Iran begin
The measure will cause a headache to the marine and specialist insurance market.
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- July 27 2018
Tough times as Qatar Re quits Singapore
The Bermuda-based reinsurer is hurting after nat cat losses, forced reserve increases and a diplomatic spat in the Gulf.
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- March 2 2018
Is the end nigh for retakaful?
The small and fragmented market is struggling to compete with competition from conventional players.
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- January 20 2017
Japanese insurers join rush to enter Iran
More than 140 foreign insurance and reinsurance companies are in talks with the Iranian regulator.
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- October 6 2016
Qatar Re gets licence for Singapore branch
The Monetary Authority of Singapore recently gave the Qatari reinsurer the green light.
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- February 23 2016
QIC raises capital after record premiums
Key drivers of growth included reinsurance premiums, which now account for 50% of the group's total premium income.
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- February 22 2016
Insurance regulators in India and UAE ink bilateral pact
The agreement provides for sharing of insurance information amid interest from many other countries in India.
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- January 26 2016
Global firms look to Iran for opportunities
Top insurers are eagerly looking at Iran for business opportunities after the lifting of sanctions.
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- October 2 2015
UAE firm acquires Singapore unit of Zurich Life
Nexus Investment will be one of the largest advisory firms in Singapore following the acquisition.
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- July 24 2015
Arig negotiating buyout of Takaful Re
Bahrain-headquartered Arab Insurance Group plans to take full control of loss-making Takaful Re.
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- July 3 2015
Dubai to implement ‘no insurance, no visa’ policy
New regulation aimed at expatriates, to be enforced from 1 August 2015.
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- May 4 2015
After lacklustre 2014, UAE’s listed insurers set for strong recovery
The country's insurance market set to expand by 10% this year.
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- April 27 2015
Saudi Arabia’s insurance sector forecast to grow further
The Kingdom also posts the second biggest insurance premiums in the GCC.
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- April 20 2015
Lloyd’s of London eyes Islamic insurance market
Malaysia, Saudi Arabia and United Arab Emirates targeted for takaful.
