UAE · Corporate activity
WTW becomes sole shareholder of Al-Futtaim Willis ↗
WTW became the sole shareholder of Al-Futtaim Willis, Atlas Magazine reported.
GCC MARKETS
UAE
Selected by Axxion’s GCC market monitor from regulators and the regional insurance press. Each item links to the original report. Updated 9 October 2026.
UAE · People
DIFC Insurance Association appoints Ahmed Rajab as Chairman ↗
The DIFC Insurance Association appointed Ahmed Rajab as its Chairman, the Asia/Middle East Insurance Review reported.
UAE · Corporate activity
Orient Insurance to open takaful window ↗
Orient Insurance is to open a takaful window.
UAE · Catastrophe and exposure
India condemns strike on oil tanker owned by Dubai company in Strait of Hormuz ↗
India condemned a strike on an oil tanker owned by a Dubai company in the Strait of Hormuz.
UAE · Financial results
ADNIC's earnings balanced between underwriting and investment income ↗
ADNIC's earnings are described as balanced between underwriting and investment income.
UAE · Regulation
DFSA amends credit rating agency and prudential reporting requirements ↗
The DFSA made targeted amendments to its credit rating agency and prudential reporting requirements.
UAE · Regulation
UAE sets four-week deadline for Dh50 million-plus businesses to appoint e-invoicing provider ↗
UAE businesses with revenue above Dh50 million have less than four weeks left to appoint an e-invoicing service provider, per the reported compliance deadline.
UAE · People
Dubai National Insurance and Reinsurance confirms Charbel Yazbeck as CEO ↗
Dubai National Insurance and Reinsurance has confirmed Charbel Yazbeck as its CEO.
UAE · Corporate activity
WTW receives regulatory approval to fully own Al-Futtaim Willis ↗
WTW has received regulatory approval to own 100% of Al-Futtaim Willis.
UAE · Technology and AI
Dubai launches agentic AI accelerator for public-facing government services ↗
Dubai launched an agentic AI accelerator aimed at transforming public-facing government services.
UAE · Regulation
DFSA issues feedback statement on Consultation Paper No. 174 ↗
The DFSA issued a feedback statement on Consultation Paper No. 174.
UAE · Regulation
CBUAE and Bank Al-Maghrib sign MoUs on supervisory and payment cooperation ↗
The Central Bank of the UAE and Bank Al-Maghrib have signed two memoranda of understanding covering supervisory cooperation, Islamic finance, and interlinking payment systems.
UAE · Corporate activity
WTW takes full control of UAE broker ↗
WTW took full control of its UAE broker after buying out the Al-Futtaim stake, according to Intelligent Insurer.
UAE · Financial results
AM Best confirms ADNIC credit rating ↗
AM Best confirmed the credit rating of Abu Dhabi National Insurance Company (ADNIC).
UAE · Regulation
CBUAE and Central Bank of Syria sign MoU on financial and technical cooperation ↗
The Central Bank of the UAE and the Central Bank of Syria have signed a memorandum of understanding on financial and technical cooperation.
UAE · Corporate activity
WTW gets approval for full control of UAE JV AFW ↗
WTW received regulatory approval to take full control of its UAE joint venture AFW, according to Reinsurance News.
UAE · Catastrophe and exposure
UAE health resilience remains strong, survey finds ↗
A survey found UAE health resilience remains strong, with most people confident they can adapt to change, according to Asia / Middle East Insurance Review.
UAE · Technology and AI
HAYAH launches PRISM and FiRe resilience measurement tools ↗
HAYAH unveiled two new tools, PRISM and FiRe, to measure market and personal financial resilience.
UAE · Corporate activity
InsuranceMarket.ae rebrands under new legal name ↗
InsuranceMarket.ae, a UAE insurance brokerage, adopted a new legal name as part of its continued growth in the UAE market.
UAE · Vehicle data
Toyota vehicles hold their value best in the UAE used-car market, dubizzle says. ↗
Dubizzle data show Toyota vehicles retain the highest resale value in the UAE used-car market.
UAE · Financial results
Fitch Ratings confirms rating of Union Insurance Company ↗
Fitch Ratings has confirmed the credit rating of UAE-based Union Insurance Company, according to Atlas Magazine.
UAE · Corporate activity
UAE's Sukoon forms strategic partnership to expand credit insurance portfolio ↗
UAE insurer Sukoon has formed a strategic partnership to expand its credit insurance portfolio.
UAE · Corporate activity
Sukoon Insurance partners with CME Capital Insurance Consultancies ↗
Sukoon Insurance has formed a partnership with CME Capital Insurance Consultancies.
UAE · Financial results
Union Insurance's exit from loss-making segments boosts UAE profitability ↗
A strategic pivot away from loss-making segments has boosted UAE insurer Union Insurance's profitability, according to Middle East Insurance Review.
UAE · Regulation
CBUAE imposes strict sanctions on Bank Melli Iran's UAE branches ↗
The UAE Central Bank (CBUAE) has imposed strict sanctions on the branches of Bank Melli Iran operating in the United Arab Emirates.
UAE · Corporate activity
Insurancemarket.ae's parent company bets on two new verticals ↗
Insurancemarket.ae's parent company is investing in two new business verticals beyond its core insurance marketplace.
UAE · People
DFSA CEO Mark Steward appointed Vice Chair of IOSCO Growth and Emerging Markets Committee ↗
Dubai Financial Services Authority Chief Executive Mark Steward has been appointed Vice Chair of the International Organization of Securities Commissions' Growth and Emerging Markets Committee.
UAE · Technology and AI
AI adoption heightens cyber risks for UAE businesses, warns TrendAI ↗
TrendAI warned that AI adoption is heightening cyber risks for UAE businesses, according to Khaleej Times.
UAE · Distribution
Sukoon Insurance launches customer loyalty program ↗
Sukoon Insurance has launched a loyalty program for its customers, according to Atlas Magazine.
UAE · Financial results
UAE insurance industry sees broad-based growth but earnings quality and capital strength diverge in first half ↗
The UAE insurance industry saw broad-based growth in the first half, though quality of earnings and capital strength diverged across companies, according to Middle East Insurance Review.
UAE · Claims handling
UAE court orders driver and car owner to repay insurer Dh295,294 over fatal crash ↗
A UAE court ordered a driver and the car owner to repay Dh295,294 to an insurer following a fatal crash.
UAE · Corporate activity
World's leading trade credit insurer establishes presence in DIFC ↗
Asia/Middle East Insurance Review reported that the world's leading trade credit insurer has established a presence in Dubai's DIFC; the company's name was not captured in the scraped text.
UAE · Technology and AI
Abu Dhabi Executive Council holds first meeting using agentic AI platform ↗
Sheikh Khaled chaired the first Abu Dhabi Executive Council meeting to use an agentic AI platform.
UAE · Distribution
Etihad Credit Insurance and Euler Hermes sign MoU on export credit ↗
Asia/Middle East Insurance Review reported that ECI (Etihad Credit Insurance) and Euler Hermes have signed a Memorandum of Understanding on export credit in the UAE; further details were not captured in the scraped text.
UAE · Regulation
CBUAE raises base rate by 25 basis points ↗
The Central Bank of the UAE raised its base rate by 25 basis points.
UAE · Fraud
UAE cyber security chief says hacker demanded over $5 million in attack on private company ↗
The UAEs cyber security chief said a hacker demanded more than $5 million in a ransomware attack on a private company, The National reported.
UAE · Regulation
UAE Central Bank overhauls risk rules with 4-hour incident reporting and cyber tests ↗
The UAE Central Bank introduced overhauled bank risk rules requiring 4-hour incident reporting, cyber resilience tests and tougher penalties for outages, fraud and cyberattacks, Gulf News reported.
UAE · Fraud
CBUAE and Mastercard conclude national fraud risk management capability programme ↗
The Central Bank of the UAE (CBUAE) and Mastercard concluded a programme aimed at strengthening the UAEs national fraud risk management capabilities.
UAE · Fraud
CBUAE and Mastercard conclude national fraud risk management programme ↗
CBUAE and Mastercard concluded a programme to strengthen national capabilities in fraud risk management.
UAE · Corporate activity
PureHealth acquires UK lab network serving 50-plus hospitals and 90 healthcare clients ↗
UAE healthcare group PureHealth took over a UK laboratory network serving more than 50 hospitals and 90 healthcare clients, Gulf News reported.