PwC Middle East identifies key trends shaping the region’s insurance industry

November 24, 2022 uaenews247 Leave a comment

PwC Middle East identifies key trends shaping the region’s insurance industry

Dubai, UAE: 24 November 2022 – PwC Middle East today launched a new report titled, Next in Insurance: Key trends shaping the future of the Middle East’s insurance industry which provides insight on some of the recent trends affecting the insurance industry. The report also identifies the necessary long-term changes required for Middle East insurers to serve a higher purpose in a fast-changing and uncertain world.

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Business & Investments

Sukoon finalizes the acquisition of the Generali Life Insurance portfolio in the UAE

November 24, 2022 uaenews247 Leave a comment

Sukoon finalizes the acquisition of the Generali Life Insurance portfolio in the UAE

Sukoon has finalized the acquisition of the UAE Life insurance portfolio from Assicurazioni Generali S.p.A. The agreement, signed on February 22nd, 2022, is in line with Generali’s overall strategy to rationalize its business model in UAE by strengthening its ecosystem of partnership proposition. The transfer which covers unit-linked life insurance policies has been approved by regulators including the Central Bank of UAE and the IVASS in Italy. The migration of portfolio has been completed on the 21st of November.

Sukoon will continue to provide policyholders with access to best-in-class insurance services and system. All policyholders have received a welcome message from Sukoon with a complementary 24/7 access to their policies and investments on our digital platform. The terms and conditions of customer’s policies remain unchanged.

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Travel & Tourism

Metaverse to complement tourism and hospitality industries, say panelists at SITTF 2022

November 24, 2022 uaenews247 Leave a comment

Metaverse to complement tourism and hospitality industries, say panelists at SITTF 2022

9th edition of Sharjah International Travel and Tourism Forum ends on a high note with tourism experts sharing the excitement of post-pandemic travelers

Sharjah, November 24, 2022

Tourism industry experts are in awe with travel hitting new highs after the slow growth in the past two years due to the Covid-19 pandemic. Travel industry is back on track with statistics hitting pre-pandemic levels, said Edwardo Soares, Managing Director of Intellias Middle East, during the closing panel discussion titled ‘An Open Horizon and Endless Possibilities’, at the 9th edition of the Sharjah International Travel and Tourism Forum (SITTF) on Thursday.

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Travel & Tourism

Officials and academics laud Sharjah’s leading model in cultural tourism

November 24, 2022 uaenews247 Leave a comment

Officials and academics laud Sharjah’s leading model in cultural tourism

Sharjah International Travel and Tourism Forum organises a session themed Emerging Niches in Technology & Architecture

Sharjah, 24th November 2022

During a panel discussion titled ‘Emerging Niches in Technology & Architecture’ — at the 9th edition of the Sharjah International Tourism and Travel Forum 2022, organised by the Sharjah Commerce and Tourism Development Authority (SCTDA) at the Sharjah Expo Centre — the role of technology in tourism was addressed and how it plays a part in making tourism more sustainable and robust.

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Travel & Tourism