BMS Finalizes Acquisition of UAE’s Berns Brett Masaood, Rebranded as BMS Masaood January 4, 2024 BMS, the London-based specialist insurance and reinsurance broker, has completed its majority stake acquisition of Berns Brett Masaood (BBM), a...
Stricter UAE Ship Insurance Rules Look to Cut Oil Spill Risks June 8, 2023 By Jonathan Saul Tougher requirements for some ship insurers covering United Arab Emirates ships are aimed at boosting environmental safety, the UAE state...
BMS Launches Middle East Operations With Acquisition of UAE’s Berns Brett Masaood April 4, 2023 BMS, the London-based independent specialist re/insurance broker, announced it has entered into an agreement to acquire a majority share in...
UAE Bans Flying of Recreational Drones After Fatal Attack on Oil Facility January 25, 2022 DUBAI, United Arab Emirates (AP) – The United Arab Emirates has banned the flying of drones in the country for...
United Arab Emirates Ends Boycott, Opening Commerce With Israel August 31, 2020 By Jon Gambrell DUBAI, United Arab Emirates —The ruler of the United Arab Emirates issued a decree Saturday formally ending the country’s boycott...
High-Rise Building Catches Fire in United Arab Emirates May 7, 2020 A high-rise tower caught fire Tuesday in the United Arab Emirates and authorities said it wasn’t immediately clear what caused...
Marsh Taps Adamantiadis from Oman Insurance as CEO of Middle East & Africa April 11, 2018 Marsh announced it has appointed Christos Adamantiadis as CEO of a newly combined Middle East and Africa region. The broker...
A.M. Best: Takaful Operators Struggle With Fierce Competition, Profitability April 14, 2015 The significant premium growth in the global takaful sector is expected to continue and reach USD$20 billion by 2017, with...