A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Egypt’s Al Chark Insurance Company with a stable outlook. “Al Chark’s risk-adjusted capitalisation is likely to have improved at year-end June 2004 as a …
A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) of Al Mohandes Insurance Company (Mohandes) (Egypt). The outlook remains stable. Mohandes’ prospective risk-adjusted capitalization is likely to remain solid. The company’s recently announced share issue (one …
Houston-based Overseas Private Investment Corporation (OPIC) announced a commitment to provide $300 million in political risk insurance to Apache Corporation for a project designed to help Egypt shift the emphasis of its energy production from oil to more environmentally friendly …
In late October 2004, Insurance Journal had the opportunity to speak with Arkansas Insurance Commissioner Mike Pickens, a Republican, about the time he spent in Iraq earlier this year. Pickens, former president of the National Association of Insurance Commisioners, spent …
In late October 2004, Insurance Journal had the opportunity to speak with Arkansas Insurance Commissioner and former president of the National Association of Insurance Commissioners Mike Pickens about the time he spent in Iraq earlier this year. Pickens was in …
In late October 2004, Insurance Journal had the opportunity to speak with Arkansas Insurance Commissioner and former president of the National Association of Insurance Commissioners Mike Pickens about the time he spent in Iraq earlier this year. Pickens was in …
Even though Arkansas Insurance Commissioner Mike Pickens narrowly escaped a car bombing in Baghdad, he says many parts of Iraq are peaceful and he wouldn’t mind returning, the Associated Press reported. “But if I went, I sure wouldn’t stay for …
Allianz Group’s French subsidiary, AGF International, announced the new names of the Group’ insurance companies in Egypt – Allianz Insurance Company of Egypt and Allianz Life Insurance Company of Egypt. “The Allianz Group has been involved in the Egyptian market …
Arkansas Insurance Commissioner Mike Pickens will spend the next two months in Iraq helping that country’s new leaders establish an insurance system, the Associated Press reported. Pickens, who has also helped officials in Egypt, China, Vietnam and India restructure their …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Egypt’s Misr Insurance Company, with a stable outlook. “The rating reflects the company’s excellent risk-adjusted capitalisation, operating performance and business profile in the Egyptian …
