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Bildco to add concrete capacity to Abu Dhabi, Orient Ins. expands war coverage portfolio, and Vista plants its flag in ADGM
Bildco to add 1 mn cbm of concrete capacity to Abu Dhabi Abu Dhabi National Company for Building Materials (Bildco)…
THIS MORNING: Emirates is securing war-risk cover + Al Ain offers tax rebate for hospitality upgrades
BUT- The number of cyberattacks has been ticking up as the war drags on
IHC’s RIQ to offer Adnoc USD 500 mn in risk coverage
The Adnoc agreement takes RIQ’s committed premiums to more than USD 1 bn over the coming decade
THIS MORNING: AED 4 bn water projects in the pipeline for Sharjah + Binghatti Capital eyes three funds
Plus: Boating licenses now available online for tourists
IHC to transfer USD 500 mn reins. premiums to reins. platform RIQ
Plus: ADGM establish reins. association
PureHealth’s ins. arm Daman expands into property and casualty market
The company will maintain health ins. services for its existing members
IHC, BlackRock, Lunate partner on USD 1 bn reins. platform
The platform will offer underwriting solutions across P&C, life, and specialty ins. lines
DFSA warns of gaps in targeted financial sanctions controls in ins.
Only 28% of DIFC ins. firms conducted an anti-money laundering audit in 2023, and 25% had never undergone a TFS…
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