We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

Latest News

Morgans Hotel Group

Morgans Hotel Group

The hotel group that currently runs stylish and high-end hotels in the US and UK, has just announced plans of building a hotel in Dubai.


September 9, 2008 6:04 by

The company was floated on the Nasdaq two years ago. It recorded a net loss of $700,000 for the second quarter of 2008, compared to net income of $800,000 in the same period last year. The company attributed the loss to stock compensation expense, depreciation and amortization.

As of June 30 this year, the group’s consolidated debt stood at around $730m and its liquidity was around $206m. The group expects to spend approximately $25m for hotel renovation and expansion projects and $20- $30m for joint venture projects in 2008 and 2009.

The group authorized a $30m stock repurchase program on July 1 this year, and bought 1.1 million shares of its stock for $12.2m.

Pages: 1 2 3 4 5 6


Leave a Comment