UAE: Union Insurance turns around financial performance to report strong profits

Published on March 1, 2025
Union Insurance Company has reported strong financial results for 2024. The company's net financial results improved sharply to net profits of AED38.3m ($10.4bn) in 2024 from a net loss of AED2.5m in
Continue reading on website
Other news

Structured Credit and Political Risk insurance market capacity rises to meet demand

March 1, 2025
To accommodate rising demand, capacity in the structured credit and political risk (SCPR) insurance market has grown, with more insurers capable of writing long-term risks than ever before, says

FutureProof Technologies Launches FutureProof Insurance Agency

March 3, 2025
FutureProof Technologies, a venture-backed insurtech startup, has launched the FutureProof Insurance Agency, a wholly-owned subsidiary designed to enhance insurance distribution through AI-driven risk selection.The agency will sell policies on behalf of dozens of carrier partners across the United States, leveraging FutureProof’s risk selection technology.This expansion builds on the success of Fu