UPDATE 1-UAE Islamic insurers consider mergers as tighter rules bite

April 13, 2015 12:51 PM

63 0

* UAE to establish committee to oversee Islamic insurance market by year end (Adds detail, quote, context)

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.

Also read: Israeli settler leader says settlements grew rapidly in 2017

Read more

To category page