Coalition forces continue to make ground despite claims of foreign military intervention in the conflict. WAM
Coalition forces continue to make ground despite claims of foreign military intervention in the conflict. WAM

Coalition says foreign military experts are training Houthi militias



Foreign military experts are training the Houthi rebels in Yemen and have provided them with an integrated communications network, said the Arab Coalition.

Col Turki Al Malki, spokesman for the coalition fighting on behalf of the internationally-recognised government in Yemen, said on Monday that the communications network that was provided by Hezbollah was destroyed.

It operated from five different sites in the Saada governorate, including Mashtab, Maran, Razeh, Al Maqlaq and Al Nouaa.

The coalition — which includes Saudi Arabia and the UAE — intervened in the Yemen war in March 2015 to fight the Iran-backed rebels and restore the power of the legitimate government of President Abdrabu Mansur Hadi. It has helped pro-government forces regain control of the south and much of the Red Sea coast. The rebels, however, still control the capital Sanaa.

Col Al Malki said that pro-government forces are making significant advances in Saada, Taez and Al Bayda governorates.

He said that Houthi rebels are recruiting women — most of whom had either lost their husbands or sons during the war, adding that the Iran-backed group continues to recruit children, which is a clear violation of international law.

Col Al Malki also said the coalition had issued up to 27,000 relief permits between March 26 and June 9, adding that Saudi Arabia has topped the list of donor countries to the 2018 UN Yemen Humanitarian Response Plan, donating US$530.4 million (Dh1,948m) out of a total of $1.54 billion.

Meanwhile, the King Salman Humanitarian Act and Relief Centre has provided assistance to almost five million beneficiaries within 167 days, as part of the Comprehensive Humanitarian Operation Plan.

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Company%20Profile
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Company%20Profile
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COMPANY%20PROFILE%20
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Key changes

Commission caps

For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:

• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term). 

• On the protection component, there is a cap  of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).

• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated. 

• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.

• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.

Disclosure

Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.

“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”

Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.

Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.

“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.

Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.

LA LIGA FIXTURES

Saturday (All UAE kick-off times)

Valencia v Atletico Madrid (midnight)

Mallorca v Alaves (4pm)

Barcelona v Getafe (7pm)

Villarreal v Levante (9.30pm)

Sunday

Granada v Real Volladolid (midnight)

Sevilla v Espanyol (3pm)

Leganes v Real Betis (5pm)

Eibar v Real Sociedad (7pm)

Athletic Bilbao v Osasuna (9.30pm)

Monday

Real Madrid v Celta Vigo (midnight)

Company%20Profile
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Results

2pm: Handicap (PA) Dh80,000 1,600m; Winner: AF Al Baher, Bernardo Pinheiro (jockey), Ernst Oertel (trainer).

2.30pm: Handicap (TB) Dh100,000 1,600m; Winner: Talento Puma, Xavier Ziani, Salem bin Ghadayer.

3pm: Handicap (TB) Dh90,000 1,950m; Winner: Tailor’s Row, Royston Ffrench, Salem bin Ghadayer.

3.30pm: Jebel Ali Stakes Listed (TB) Dh500,000 1,950m; Winner: Mark Of Approval, Patrick Cosgrave, Mahmood Hussain.

4pm: Conditions (TB) Dh125,000 1,400m; Winner: Dead-heat Raakez, Jim Crowley, Nicholas Bachalard/Attribution, Xavier Ziani, Salem bin Ghadayer.

4.30pm: Jebel Ali Sprint (TB) Dh500,000 1,000m; Winner: AlKaraama, Antonio Fresu, Musabah Al Muhairi.

5pm: Handicap (TB) Dh100,000 1,200m; Winner: Wafy, Richard Mullen, Satish Seemar.

5.30pm: Handicap (TB) Dh90,000 1,400m; Winner: Cachao, Tadhg O’Shea, Satish Seemar.

RESULTS
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