Arab Reinsurance Company: a new dimension
Home   |   Sitemap   |   Contact us
Follow us on
Is Climate Litigation Covered by Insurance? - Social Inflation or Science: What Is Fueling Climate Litigation? - Fortegra Europe Opens Branch in Czech Republic - Vantage launches Construction and Political risk business - UK Insurers Cautiously Willing to Underwrite Fire Safety Risks - Insurtech Foxquilt Raises $8M to Expand Small Business Offering in U.S. and Canada - Speciality Re/Insurer Convex Launches European Subsidiary With A- Rating From S&P - Debt surge in emerging markets may hurt insurance outlook: Swiss Re - Zurich Insurance Weighs Selling Some Australian Non-Core Assets - Reinsurers Face Major Claims Uncertainties, but Reap Benefits of Pricing Tailwinds - Corvus, SiriusPoint announce investment & underwriting capacity partnership - Munich Re backs energy storage systems provider ESS - Climate Change Could Force 200 Million People to Leave Their Homes by 2050 - Work of the scientific community and re/insurers needed to assess climate change: Lloyd’s - Gallagher Re Touts Advanced Integrated Reinsurance Analytics Platform - London Financial Employees Return to Offices Despite Rising Virus Cases - P/C Reinsurers Maintain Underwriting Discipline, Despite Rising Capacity: Guy Carpenter - Britain Looks to Revisit Data Privacy Regulations - WTW, Applied Systems target real-time pricing enhancements - Reinsurance environment “most attractive in a decade”: SCOR’s Launay - Willis Towers Watson’s New CEO Says It Has $5 Billion for Possible Acquisitions - Lloyd’s Reports H1 2021 Profit of £1.4B ($1.9B), with 92.2% Combined Ratio - Global Reinsurers Shoulder ‘Considerable Burden’ of COVID-19 Claims - “Inflation is the enemy of the re/insurance industry,” says Swiss Re CFO Léger - Global Reinsurance Rates, Demand to Continue Rising in 2022: Moody’s - Prudential’s Michael Koller joins MS Amlin as Chief Risk Officer - Rates need to and will harden further: Swiss Re CEO Mumenthaler - Russia’s Renaissance Insurance Plans $1 Billion IPO in Moscow: Reuters
Search Search
World News & Events
Enlarge Font Minimize Font

Bahrain: COVID-19 Not Covered by Insurance

Monday, 04 06 2020, Category: Insurance and Reinsurance, Country: Bahrain
“COVID-19 is not included in the diseases covered by insurance policies in Bahrain,” insurance experts and officials confirmed.

They explained that it was excluded from insurance as it was classified as a pandemic by the World Health Organization (WHO).

Insurance expert and former Chairman of Bahrain Kuwait Insurance Company, Ibrahim Al-Rayyes, stated that the virus was among the diseases that were covered by insurance in the past before WHO declared it as a pandemic.

He added that the health insurance policies exclude any disease or virus that becomes a pandemic automatically and formally, as the insurance policies state that the policy does not cover epidemic treatments.

For his part, General Manager of the Facilitation Insurance Company, Ali Al-Dailami, said that COVID-19 was an unexpected event. He noted that it was not covered by the technically or by any protocol in health insurance policies.


Source: Gulf Insider
All copyrights reserved, Arab Reinsurance 2016 ©