UAE clients overlook importance of critical illness cover
Life and medical insurance often misunderstood as providing similar protection
Middle East
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Dubai regulator fines director of failed wealth firm
He carried out client transactions without approval and ‘engaged in misleading and deceptive conduct’
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Health insurance to cover NRIs hit by covid-19
UAE regulators stipulate free treatment for expats under compulsory insurance cover
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Guardian Wealth Management trio exit the business
As it is sold to a private equity vehicle managed by Skybound Capital
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UAE suspends issuing visas on arrival
Measure comes into effect on 19 March as part of the fight against the spread of covid-19
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Portfolio management company launches passive platform in Mena
Firm will offer financial planning solutions and advice to investors
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Brite Advisors appoints US chief executive
Hong Kong-based firm acquired the business from Devere in December 2018
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Devere offers free advice to isolated investors
Firm says coronavirus one of ‘four clear reasons’ for the move
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PEOPLE MOVES: Utmost Wealth, Morningstar, STM
Head of sales joins life insurer, while investment research firm makes Middle East promotion
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Insurance group eyes bid for Axa’s Middle East life operation
As rumours suggest French firm wants to pull back from less profitable markets
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Global financial services provider sells off private client arm
Firm is looking to focus its ‘operations on the growing alternatives and corporate sector’
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PEOPLE MOVES: Zurich, HSBC, Generali
Insurer hires CEO of its Malaysia operation, as bank names Asia Pacific head of wealth