Insurance

Islamic Arab Insurance Company (“SALAMA”), the UAE’s largest and oldest Shari'a compliant Takaful solutions provider, today announced a payment of surplus (cash returns) of AED11.5 million to eligible group credit life policyholders for the policy year 2019, demonstrating a good half year of profitable growth.

The National Health Insurance Company – Daman’s Board of Directors today announced the confirmation of Hamad Al Mehyas as the company’s Chief Executive Officer. He led the company following a major reorganisation last year when he was promoted from Chief Commercial Officer – Abu Dhabi to Deputy CEO.

Oman Insurance Company, one of the leading insurance providers in the Middle East, announced it has posted a Net Profit of AED 110.2 million in the first half of 2020, a four percent increase on the same period last year while having increased its solvency above 250%.

International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced financial results for the second quarter and first six months of 2020.

Spotii, the innovative payment technology provider, continues its mission of helping everyone spread the cost of payments with no interest, no cost and no catch in a new partnership with the largest retail insurance provider in the UAE, InsuranceMarket.ae.

Islamic Arab Insurance Company, listed as “SALAMA” on DFM, announced its interim results for the first six months of 2020.