Personal safety is the leading concern of UAE travellers -- cited by 44% of respondents to a travel survey -- followed by fears of extreme weather events, financial constraints, and flight disruptions.
As the adoption of artificial intelligence (AI) systems accelerates globally, the International Association of Insurance Supervisors (IAIS) released on 2 July the final version of an application paper on supervision in this field to support the insurance industry. The association says in the paper that no new standards are proposed at this stage.
The board of directors of Gulf General Cooperative Insurance Company (GGI) has recommended a reduction of the company's capital, as decided during their meeting held on 29 June 2025, according to a bourse filing on the Saudi Exchange (Tadawul) yesterday.
Willis, a WTW business, has appointed Ms Daphne Duan (Wheal), as director of strategic risk consulting (SRC).
Bridge Specialty International has appointed Mr Chan Hon Kian as head of trade risk at Acorn International Network, its company based in Singapore.
Neighbourhood connections may be the answer to combatting residential petty crime, a new survey commissioned by AMI Insurance found.
The National Insurance Commission (NAICOM) has announced plans to introduce additional guidelines to ensure that retirees' funds and annuities remain secure and effectively managed and to boost consumer confidence.
Many small- and medium-sized enterprises (SMEs) shield themselves through a false sense of security from the reality of cyber risk, Etiqa Insurance Singapore CEO Raymond Ong has said.
Union Insurance Company will be reducing its capital by 30.50% to AED230m ($62.63m) from AED330.93m to offset accumulated losses amounting to AED142.75m, the company said in a statement lodged with the Abu Dhabi Securities Exchange.
The risk of regional escalation in the Israel-Iran war includes the risk that the conflict poses one of the most critical arteries of global commerce: the Strait of Hormuz.