Insurance

Extending Network To Sub-Sahara Africa

Arab Insurance Group (Arig) is opening an office in Mauritius after receiving the go ahead from local authorities. The island was chosen as a suitable springboard into the East and West African markets in view of its favorable business environment, infrastructure and political stability.

Doha Insurance Discloses 3rd Quarter Financial Results For The Period Ending September 30, 2008

Doha Insurance disclosed its 3rd quarter financial statement results for the period ending September 30, 2008 with a reported net profit of QR 47.1 million versus QR 34.1 million for the same period in 2007.The reported Earnings per Share (EPS) as of September 30, 2008 were QR 2.62 compared to QR 2.68 of the same period in 2007.

The United Insurance Receives “Best insurance Co. In Yemen”

The United Insurance won the title of “best insurance company in Yemen” for the second consecutive year through a referendum by a magazine.

Regulation Brings Opportunities In Insurance And Reinsurance In Saudi Arabia

In its latest report on the insurance market in the Kingdom of Saudi Arabia, Standard & Poor’s Ratings Services says that insurance and reinsurance in the Kingdom have entered a new era of strength and opportunity in 2008, despite some inevitable short-term uncertainties during the recent transitional period from an unregulated to a regulated marketplace.

Arig CEO Among The Top 40 Most Influential People In Global Reinsurance Industry

Yassir Albaharna, CEO of Arab Insurance Group (Arig), was recently named among the “Top 40 Most Influential” reinsurance leaders by a prominent British industry magazine.