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

Dubai World to present debt restructuring plan details

In a meeting later this month, DW expected to present details of May restructuring plan.


July 12, 2010 8:32 by

Dubai World is expected to present details of its $23.5 billion debt restructuring plan to creditors later this month, according to an unnamed source quoted by Zawya Dow Jones. The meeting will be the first session to include participation by all lenders since December of last year.

“It’s an important part of the process but a settlement is sometime away,” the person who declined to be identified told Zawya Dow Jones Sunday. The meeting with creditors will reportedly be held in the emirate on July 22nd.

The government-owned conglomerate in May reached an agreement in principle with the creditors’ coordinating committee. But approximately 40 percent of DW’s outstanding debt is held by creditors who have yet to accept the restructuring deal outlined in May. The upcoming July 22 meeting is considered the next step in ensuring full agreement by all creditors in the debt restructuring plan, reported.


Tags: , , ,

Leave a Comment