Help Desk | Axios Insurance & Reinsurance Solutions DMCC

Why Do I Need A Surety Bond?

In this article, we will explore the subject of surety bonds. You will find out what a surety bond is and why some individuals may need it. In simple terms, a surety bond is a guarantee of compliance, payment or performance of an act. A surety bond is a unique type of...

UAE insurance firms and investment management bodies to merge

Britain’s trade body for investment management is set to merge with the investment arm of the insurance industry association.The hope is that this will allow them to more effectively lobby on the issues that affect asset managers. The investment industry hopes that...

Reports outline that car maintenance is currently more expensive than car insurance

A new survey has revealed that maintaining and repairing the average car has now surpassed the cost of the average fully comprehensive car insurance policy. Rising Vehicle Excise Duty (road tax), road tolls, congestion charges and the cost of repairs has made vehicle...

Regulators fine Ireland’s FBD Insurance

An Irish insurance company has been fined nearly half a million euros by regulators, over their supposed failures regarding consumer protection failures. The Central Bank have reprimanded FBD Insurance, leading to them a 490,000 euro fine. The regulator found that the...