Insurance companies operating in Lebanon are awaiting the outcome of investigations into the 4 August devastating port explosion in Beirut, in order to be able to quantify the compensation they must pay to clients who include individuals, companies...
Abu Dhabi National Insurance Company (ADNIC) has reported that net profit for the six-month period ended 30 June 2020 climbed by 59.9% to AED189.7m ($51.6m) compared to a net profit of AED118.6m for the corresponding period in 2019.
Although some global insurance companies that entered the Saudi market have not yet realised their optimum investment objectives, these companies can turn challenges into opportunities by hopping on the consolidation wagon, according Mr Basil M K Al-Ghalayini is the chairman and CEO of the...
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