Berkshire Hathaway Specialty Insurance (BHSI) today announced that it is providing Defense Base Act (DBA) insurance on a global basis through its DBA-dedicated underwriting and claims team in Dubai.
Zurich International Life Limited in the Middle East launches a new tele-interview process for new life insurance customers in the UAE. Together with additional measures around payment flexibility, and an invitation for customers to join an online community to share their concerns and needs, the organisation is actively seeking for ways to assist new and existing customers through this challenging time.
The National Health Insurance Company – Daman has announced that it will cover its members for any medical services related to the diagnosis and treatment of the novel coronavirus (COVID-19) while outside the United Arab Emirates (UAE). The announcement is in line with Daman’s social responsibility values that the company seeks to implement across various fields.
Lebanon has a long history of economic and political instability. In the past, local insurers have been successful at navigating this challenging environment. However, recent civil unrest and a ballooning public debt have increased the level of economic uncertainty, which is negatively impacting the credit quality of Lebanon’s insurance market.