Players for Manchester United, the U.K.’s legendary football (soccer) club, will be sporting AIG logos on their shirts for the next four years. Man United’s chief executive David Gill announced yesterday, April 6, at a press conference at Old Trafford …
Michael Jackson has been ordered to pay a $69,000 fine and remove 69 employees from his Neverland Ranch in Los Olivos, Calif., for allowing workers’ compensation insurance to lapse at the estate that has been home to elephants, orangutans and …
Michael Jackson has been ordered to pay a $69,000 fine and remove 69 employees from his Neverland Ranch in Los Olivos, Calif., for allowing workers’ compensation insurance to lapse at the estate that has been home to elephants, orangutans and …
At least 57 people died when a ship on a pleasure cruise suddenly capsized off of Bahrain last night, March 30. Although the ship, an Arab dhow carrying some 150 passengers and crew, went down in calm waters near the …
Michael Jackson has been ordered to pay a $69,000 fine and remove 69 employees from his Neverland Ranch in Los Olivos, Calif., for allowing workers’ compensation insurance to lapse at the exotic estate that has been home to elephants, orangutans …
The London office of Standard & Poor’s Ratings Services has issued two reports on the increasing volume of insurance business in the Middle East and North Africa (MENA), which, for S&P, raises the question “about whether new companies coming to …
The Bahrain-based Arab Insurance Group (ARIG) announced that it has taken the lead of a group of financial institutions in launching Takaful Re, which it describes as “the first major Islamic Reinsurance Company.” The announcement from the Dubai Financial Center …
France’s SCOR Group announced that it has obtained permission from the Indian regulatory authority (IRDA) to open a representative office in India, “with a view to strengthening and developing its activities in the Non-Life reinsurance field.” SCOR believes there is …
Standard & Poor’s Ratings Services announced that it has assigned its “BBB+” long-term counterparty credit and insurer financial strength ratings to Bahrain-based insurer Bahrain National Insurance Co. BSC (BNI) with a stable outlook. “The ratings reflect BNI’s strong capitalization and …
A.M. Best Co. announced that it has upgraded the financial strength rating to “B++” (Very Good) from “B+” (Very Good) and the issuer credit rating to “bbb” from “bbb-” of Bahrain’s Trust International Insurance Company B.S.C. (TIIC), an energy and …
