GCC Insurance Daily

27 June 2026

The day's insurance news across the GCC: regulation, governance, AI in insurance, and people moves. Curated, attributed, and linked to the source.

Top story

RegulationConfirmedUAE

CBUAE pay rules move up insurers' agenda as the compliance clock starts

The Central Bank's remuneration regulation for banks, insurers and reinsurers is drawing fresh advisory attention as its deadlines approach, with a gap analysis due in October and full compliance by mid-2027. It ties variable pay for material risk-takers to risk outcomes and mandates multi-year deferral and clawback, so insurers will need to rework bonus structures and governance well before the cut-off.

GovernanceConfirmedSaudi Arabia

Gulf General shareholders reject a related-party deal at a reconvened AGM

At its second-call ordinary general assembly, Gulf General Cooperative Insurance shareholders voted down underwriting business tied to a board member's group, while approving the auditors and 2025 board remuneration. The rejection points to sharper minority scrutiny at a loss-making insurer now being recapitalised under the BlueFive Capital restructuring.

CompanyCorroboratedSaudi Arabia

Al-Etihad Cooperative hands its health claims admin to GlobeMed Saudi

Al-Etihad Cooperative Insurance has signed a third-party administration agreement with GlobeMed Saudi to run its medical claims and provider network. It is the latest Saudi insurer to outsource health benefits management to a specialist TPA, a pattern that keeps concentrating claims operations among a handful of large administrators.

CompanyConfirmedUAE

Etihad bundles free Daman medical cover for Abu Dhabi visitors

Etihad, DCT Abu Dhabi and Daman have launched automatic medical insurance for international visitors flying into Abu Dhabi, valid for stays of up to 15 days from July to December. The cover is underwritten by Daman and applies without a separate application, putting a national health insurer at the centre of the emirate's tourism pitch.

AI in insuranceCorroboratedUAE

Dubai National Insurance moves motor issuance onto SlashData's Wtheeq platform

Dubai National Insurance has adopted SlashData's Wtheeq platform to digitise motor policy issuance and verification, plugging into Abu Dhabi Mobility and police systems for instant checks. It is the third UAE insurer to sign up to Wtheeq in recent weeks, a sign of how fast digital issuance rails are becoming shared infrastructure rather than a point of differentiation.

Each item is a short editorial summary with a link to the original source. Items marked Rumour · unverified are unconfirmed and should be treated with caution. Compiled automatically; corrections welcome.