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Insurance plan for jobless

The Shoura Council has approved an insurance scheme for jobless citizens as part of its efforts to reduce unemployment in the country and encourage them to work in the private sector.“The council endorsed the law, which has 29 articles, after listening to the views expressed by the Administration and Manpower Committee on the issue,” said Fahaad Al-Hamad, assistant president of the council.“The …

New information sheet on changes to house insurance

Insurance & Savings Ombudsman Scheme launches new Information Sheet on changes to house insurance to “sum insured”. Most house insurance policies are changing the basis of cover for new policies and at renewal. This change is from an unlimited full replacement, based on the size of the house, to a full replacement up to a maximum “sum insured”. Consumers are now responsible for estimating the …

Aeon Insurance eyes Cambodia

Aeon Insurance Service (Thailand), the insurance broker of Aeon Thana Sinsap (Thailand), will study doing business in Cambodia as part of its synergy with Aeon Group, which is constructing its first mall in Phnom Penh.