UAE Islamic insurers considering mergers -regulator

April 13, 2015 9:08 AM

52 0

DUBAI, April 13 (Reuters) - Several Islamic insurers in the United Arab Emirates are seeking guidance from the UAE Insurance Authority on the possibility of mergers and acquisitions in the sector, Ibrahim Al Zaabi, director-general of the authority, told Reuters on Monday.

Talks are at an early stage, he added without naming any of the companies. The authority regulates the insurance industry.

Read more

To category page