A digest of news and opinion from the Maldives.
What are the exclusions and inclusions in my insurance policy? A broadly asked question in the wake of the Covid-19 pandemic, as resort owners and investors looked to their insurance policies for any possible compensation. Unfortunately, pandemics are almost always excluded from general insurance covers such as business interruption, and let us face it, Covid-19 […]
The Civil Court has decreed Allied Insurance to pay USD 22.78 million (MVR 351 million) to Yacht Tours on Sunday (19th July 2020). Yacht Tours filed the lawsuit over a lack of compensation for extensive damages to water villas in H. A. Alidhoo. It is a resort that has been leased to Yacht Tours for […]
Allied Insurance closes its office for one week and has opted for online platforms to provide services to its customers. Allied Insurance has revealed that even though the offices will be closed for one week, they will be providing services through its mobile application, website (myallied.mv), and email. They have further highlighted that applying to […]
A chapter of the forums organised for Small and Medium Enterprises (SMEs) by the Ministry of Economic Development, “SME Finance Forum” will be held at HDh. Kulhudhuffushi on 26 November. According to the Ministry, the forum held in Kulhudhuffushi is especially for the HDh. Atoll area and information about development and growth of SMEs in the […]
Allied Insurance handed over WTM participation package to the winner of Guesthouses Conference lucky draw, Nilandhe Inn. The prize was officially handed over to the guesthouse in a ceremony held in Allied Insurance on 23 October by General Manager of Turkish Airlines, Mr Faheem Bakova. Turkish Airways is the travel partner for this promotion. Co-owner […]
Allied Insurance has paid over MVR 13.5 million in claims between 15th October to 19th October 2017. Claims were paid mostly for hull insurance coverage, health insurance and fire insurance during this period. Allied Insurance did not reveal the identity of the companies that these claims were paid out to no did they comment on […]