UAE: April rain event dampens Watania's 1H underwriting gains

Published on August 1, 2024
Watania International Holding (WIH), has reported a net profit of AED 7.9m ($2.15m) for the first half of 2024, according to interim financial statements filed by the company.
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Everest CEO hails ‘excellent’ mid-year renewal outcome as T&Cs and attachment points hold

August 1, 2024
Bermuda domiciled Everest Group’s reinsurance business delivered a strong underwriting result in the second quarter of 2024, and amid still favourable property market conditions, characterised by persistently attractive rates and unwavering terms and conditions (T&Cs) and attachment points, the firm had an excellent outcome at the mid-year renewals.This is according to the re/insurer’s Chief Execu

UAE: Travel insurance demand jumps as travel trends change

August 1, 2024
The demand for travel insurance has witnessed a significant increase, driven by a surge in customer inquiries and a growing trend among travellers to secure their journeys.