Latest news and articles about insurance companies from NEX English
Insurance companies in the United Arab Emirates are adopting space technology to monitor risks and accurately assess insurance prices. This initiative aims to enhance their competitive edge and provide innovative services that meet growing customer needs.
The German financial authority has announced plans to increase pressure on insurance companies to rectify flaws in private credit investments. This warning comes amid rising marketing of these assets to individual clients, raising concerns about potential risks.
Iran has issued a new warning to international marine insurance companies and ship owners, urging them not to be swayed by American statements that could negatively impact their financial interests. Tehran emphasized that crossing the Strait of Hormuz without its permission poses a significant risk to these companies' financial stakes.
The Indonesian Financial Services Authority (OJK) has announced an extension of the reporting compliance deadline for the Financial Information Services System (SLIK) for insurance companies from July 31, 2025, to December 31, 2027. This decision affects both public and Islamic insurance companies.
Dubai Police have warned residents about the risks of falling victim to fraudulent insurance companies that exploit legal loopholes to offer fake services. This warning comes amid a noticeable increase in insurance fraud cases in the emirate.
Comprehensive Insurance Company has announced the initiation of talks with several global firms to enhance its services and expand its market collaboration. This move aims to provide innovative insurance solutions that meet the growing needs of customers.
The Egyptian Financial Regulatory Authority announced amendments to vehicle consumption regulations aimed at achieving a better balance between customer rights and insurance companies. This change is part of the authority's efforts to improve the working environment in the insurance market.