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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?
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Abu Dhabi’s NBAD issues $20M at 4.8percent in private placement

National Bank of Abu Dhabi (NBAD) , the largest bank by market value in the UAE issued $20 million in a private placement under its existing bond programme, a statement said on Monday.


September 12, 2011 11:58 by

The bond was issued at a fixed rate coupon of 4.8 percent a year and matures in 2036, representing the longest tenor issue from a Gulf Arab bank, the statement from Standard Chartered said.

Standard Chartered acted as sole bookrunner for the deal, which falls under NBAD’s $5 billion euro medium term notes (EMTN)programme. (Reporting by Rachna Uppal; Editing by Shaheen Pasha)


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