Markel Insurance Co. named Thomas K. “Smitty” Smith vice president of marketing. Smith joins Markel after three years as senior vice president and managing director of the Richmond, Va., branch of Riggs, Counselman, Michaels & Downes, which he established. AIR …
Markel Insurance Co. named Thomas K. “Smitty” Smith vice president of marketing. Smith joins Markel after three years as senior vice president and managing director of the Richmond, Va., branch of Riggs, Counselman, Michaels & Downes, which he established. AIR …
Aon Re Global announced several management changes in its newly formed Europe-Middle East-Africa (EMEA) region and in the UK. Aon Re Global’s European operations have been combined with those in Israel, Bahrain and South Africa to form Aon Re Global-EMEA. …
President Bush will propose a tax deduction of $7,500 for individuals and $15,000 for families regardless of whether they buy their own health insurance or receive medical coverage at work. The proposal, to be announced Tuesday in his State of …
Germany’s Hannover Re has established Hannover ReTakaful B.S.C. (c) in Manama, Bahrain, a wholly-owned subsidiary to underwrite worldwide reinsurance in conformity with Islamic law (so-called retakaful business). The action follows up on the license Hannover received in September from the …
Germany’s Hannover Re joined the expanding list of large reinsurers who are having a pretty good year due to the decline in natural catastrophes. The Group earned €380 million ($486 million) in the first six months of its fiscal year …
The ACE Group announced the formation of a new Middle East & North Africa (MENA) Regional Office, based in Bahrain. “The new office, which recently received approval from the Central Bank of Bahrain, will be responsible for the management of …
CIGNA International has extended its expatriate benefit service through the expansion of its “CIGNALinks(R)” chain to Hong Kong, China, Taiwan, Spain and five countries in the Middle East – the Kingdom of Saudi Arabia, the United Arab Emirates, Bahrain, Qatar, …
ACE announced from its London office that Giles Ward has been appointed Director of its operations in the Middle East and North Africa region (MENA), effective from September 16th. He will be based in the newly established regional head office …
A.M. Best Co. has affirmed the financial strength rating of “B++” (Very Good) and the issuer credit rating of “bbb” of Trust International Insurance Company B.S.C. (c) Bahrain (TIIC). The outlook for both ratings remains stable. “The ratings reflect TIIC’s …
