DAMANA News

03 I 09 I 2014

Over one third of UAE motorists admit to becoming distracted while driving, according to joint research released by global insurer Zurich and RoadSafetyUAE.com.

...

01 I 09 I 2014

The market has been rife with M&A announcements and rumours of late – signs that such activities in the insurance sector may pick up soon.

There have been some encouraging signs that M&A activity is picking up steam in the insurance sphere, with several entities publicly stating their interests to acquire or sell in recent months. 
 
In late May, AXA Group and its...
27 I 08 I 2014

More than two-thirds of the 22 insurance companies - specifically 16 of them - operating in Oman will need to raise capital to meet the new minimum capital requirement of OMR10 million (US$26 million) within the next three years. Six other insurance companies...

24 I 08 I 2014

Insurance companies should be more focused on delivering training to their staff, according to a panel of experts at the latest Mena IRbreakfast briefing.

Husain Al Ajmi, assistant director and head of centre insurance at the Bahrain...
21 I 08 I 2014

The first seven months of this year saw 1,529 road accidents in Dubai that killed 106 people and resulted in injury to 1,316 people. More than 1,000 of the accidents were car-on-car crashes.

...

18 I 08 I 2014

Insurers in Dubai are offering basic healthcare packages under the emirate's mandatory health insurance programme, with little to differentiate their products from those of others.

...