The cost of insuring high rises in Dubai is expected to rise following a number of building fires in the emirate, including the Torch Tower in the Marina area, which caught alight in August for the second time in two years.
The wealth of capital shouldn’t curb rate increases in what could be a $100 billion catastrophe year, according to Albert Benchimol, Axis Capital Holdings Ltd. president and chief executive
A company that owns fleets of tankers including VLCCs, product tankers and others was hit by a cyber security breach that allowed hackers to gain access to the company’s computer systems.
BW Group told Riviera Maritime Me
There is still a lot of confusion surrounding a standard medical insurance and a critical illness policy among the public in the UAE, according to research commissioned by Friends Provident International (FPI).
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