According to Duncan Crerar, Head of Employee Benefits, Nexus Group, top employees are increasingly looking to companies clearly demonstrating concern for their long-term health and wellbeing.
His view is echoed by a recent Middle East Salary …Read full article » United Arab Emirates: Wednesday, January 18 - 2012 @ 11:00
Rising awareness of the need for health insurance is cited in the report as one of the factors that is driving growth in the market.
However, many companies employing expatriate workers are reporting a degree of …Read full article » United Arab Emirates: Wednesday, February 27 - 2008 @ 13:11
“With expats staying longer, we are seeing rising interest in comprehensive wealth management and life insurance products,” commented Michael Walton, Director of General Insurance at Nexus Group of Companies.
The GCC has witnessed a fast rise …Read full article » United Arab Emirates: Wednesday, November 19 - 2008 @ 09:33
Data compiled by Nexus predicts total market value in the GCC region will grow by a massive $2 billion by 2010. Currently the industry is worth an estimated $5.1 billion with growth expected to reach …Read full article » United Arab Emirates: Sunday, November 26 - 2006 @ 12:58
Historically, the Middle East has represented only a small proportion of the global insurance market, but new demographic, social and economic factors are radically reshaping the industry’s regional potential, according to the Mahmoud Nodjoumi, International …Read full article » United Arab Emirates: Sunday, December 30 - 2007 @ 11:56
According to Dubai Met office, Dubai received a record rainfall of 110 millimetres over a two-day period during the storms. Sharjah, Ajman and Abu Dhabi also saw heavy rain and some flooding.
The resulting damage …Read full article » United Arab Emirates: Sunday, January 20 - 2008 @ 15:48
“Insurance plays a key role in protecting what is typically an individual’s largest single asset” explained Michael Walton, Director for General Insurance at Nexus. Homeowners need to realise the importance of purchasing appropriate insurance before …Read full article » United Arab Emirates: Thursday, October 09 - 2008 @ 14:26
This growth in supply is being outpaced by demand for property, with the rising population keen to find homes across the region. In the UAE alone, according to the 2005 census, more than 60 percent …Read full article » United Arab Emirates: Thursday, October 18 - 2007 @ 11:19
Research released by Friends Provident International indicates a significant 42% of the market have failed to concentrate on long term financial security for their families.
“For many UAE residents, this is their first experience with such …Read full article » United Arab Emirates: Wednesday, March 18 - 2009 @ 11:06
The GCC’s rebounding economy is set to double insurance penetration by 2017, as consumers increasingly use financial advisors to plan for major life events.
With the International Monetary Fund projecting 4.1% real GDP growth for the …Read full article » : Tuesday, April 08 - 2014 @ 13:02