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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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Dubai's Drydocks expects debt agreement by April 2

Dubai's Drydocks expects debt agreement by April 2

Dubai's ship building unit Drydocks World will ask its syndicated lenders to sign a lock-up agreement over coming days and is confident it can secure their support by April 2, the company said in a statement on Wednesday.


March 28, 2012 4:53 by

The Dubai World unit is in negotiations to restructure a $2.2 billion loan facility in an effort to put an end to long-drawn and complex debt talks.

The firms debt restructuring, initially expected to be completed by April last year, has dragged on as the presence of hedge funds and a lack of government support curbed prospects of an amicable deal. (Reporting By Nour Merza; Editing by Praveen Menon)


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