close

policy

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

Do you trust your insurer ?

Strongly agree
Agree
Disagree
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
Gender
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

UAE: 13 banks exposed to Saad and Algosaibi fiascos, says central bank governor

The UAE central bank governor announced on Monday that 13 banks…

0

September 28, 2009 2:12 by



The UAE central bank governor announced on Monday that 13 banks in the Emirates are exposed to Saudi firms Saad Group and Algosaibi Groups debt troubles.

“We have four categories of exposure and will announce the degree of provisions the banks must take for each one,” Sultan bin Nasser al-Suwaidi told reporters at a meeting of Arab central bank governors in Abu Dhabi.

The governor will announce provisions banks must abide by in order to cope with their potential losses.

He also said that the banks’ annual earnings will be lower in 2009 due to their exposure to the Saudi conglomerates’ financial troubles.



0

Tags: , , , ,

Leave a Comment