22 Nov 2011
(MENAFN) Insurance House (IH) General Manager, Mohammad Othman, said that as a result of increasing population and economic stability, over the coming few years, the UAE’s insurance market would be expected to witness greater demand, reported Gulf News.
Othman added that the country’s insurance market would introduce new and customized insurance products to a wide range of customers through a planned and a strong branch expansion strategy.
On the other hand, Zurich’s General Insurance division in the Middle East CEO, Maroun Mourad, said that over the coming 4 years, the UAE insurance market would grow 20 percent on a yearly basis to exceed USD17 billion in total premium income by 2015.
It is worth noting that IH plans to open a branch in Sharjah the next month, in addition to several other branches in other emirates in the UAE to cover the entire country due to a surge in demand.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more