standard life asia emerging mkt customer in 2013
Standard Life has registered a 22% on-year growth in its customer base in Asia and emerging markets during 2013, as more investors opted for long-term savings and investment solutions.
Middle East
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uae residents disregard life
Two-thirds of UAE residents have failed to get life insurance policies while four-fifths have no critical illness cover.
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gcc life companies value asset managers
Almost all international life companies place high importance on external asset management company links when dealing with Middle Eastern advisers.
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iif to open dubai office
The Institute of International Finance will open a Dubai office in recognition of the city’s globally increasing financial status.
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shariah focused independent wealth
A Shariah-focused independent wealth organisation has opened in Dubai.
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Zurich Int’l Life chief marketing officer in Dubai
Zurich International Life has appointed a Dubai based chief marketing officer.
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em monetary tightening worries middle east
A poll has revealed that emerging market monetary tightening is the biggest concern of intermediaries in the Middle East for global financial markets.
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end in sight for uae insurance authority
Recently published legislation from the UAE Insurance Authority suggests the regulator is about to lift its ban on approving new licence applications from insurance brokers.
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axa deal to buy stake in abu dhabi insurer
It has been confirmed that Axa and its Middle East partner the Kanoo Group have agreed a deal to buy a significant stake of Abu Dhabi based Green Crescent Insurance Company.
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bny mellon latest to boost middle east capacity
BNY Mellon has appointed Imad Abukhal as head of Middle East and Africa for investment management, a new position for the company.
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axa refuses to comment on uae acquisition rumour
Axa Gulf has refused to comment on rumours it has purchased an Abu Dhabi headquartered insurance company and is preparing to begin selling ‘life’ products with the acquired licence.
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Zurich in UAE bancassurance deal with CBI
Commercial Bank International has signed an agreement with Zurich International Life to market Zurich’s range of life insurance products in the United Arab Emirates.