Allied Insurance
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NewsOver MVR 300,000 on health insurance for Control Commission
The Maldives government spent over MVR 300,000 to provide private health insurance for the seven members of the new Control Commission. This state-funded package, costing MVR 52,468 per member, has drawn public criticism for high spending despite claims that the commission's formation would reduce government costs.
BusinessMIB wins Excellence in Financial Inclusion Award
Maldives Islamic Bank won the "Excellence in Financial Inclusion" award at the inaugural Maldives Financial Sector Awards. The bank was recognized for its "ApplyNow" digital platform, which allows remote account opening for over 88,000 users. Allied Insurance also received the honor for its contributions to expanding the insurance sector.
