Aon’s Middle East unit announced the opening of its regional headquarters in the Dubai International Finance Center (DIFC), following the issuance of a full license to operate within the Center. Aon has operational offices in the UAE (Dubai, Sharjah, Abu …
Kuwait’s landmark offer for London’s Willis Building this week has given the prime City office market a lift, but is not the beginning of the end for Britain’s property downturn. By agreeing to buy the building for £400 million pounds …
May 18-24, 2008, marks National Insurance Women’s Week, a celebration recognizing the contributions women are making in all areas of the insurance industry. The National Association of Insurance Women began NAIW Week as National Insurance Women’s Day on May 10, …
NAIW International took root in 1938, when Elsie B. Mayer and C. Bertha Rachofsky joined nine other Denver insurance women to form an organization for insurance education purposes, according to NAIW International. The two most challenging aspects facing Insurance Women …
A cargo ship contracted by the U.S. military fired on an Iranian vessel in Gulf waters on Friday, raising tension between Washington and Tehran in a region vital to world oil shipments. In January, the United States said Iranian boats …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Bermuda’s International General Insurance Company Limited (IGI). Best has also assigned an issuer credit rating (ICR) of “bbb-” to Dubai-based …
The Bermuda-based Arch Capital Group Ltd. and Gulf Investment Corporation (GIC) announced that they have entered into a joint venture agreement to establish Gulf Re, a new specialist reinsurer to be based in the Dubai International Financial Centre. Arch Capital …
AIG WorldSource ®, a division of the property and casualty insurance subsidiaries of the American International Group, announced that the medical network established by the AIG Companies ® in the Middle East region for injuries arising under Defense Base Act …
A.M. Best Co. has affirmed the financial strength rating of ‘B+’ (Good) and the issuer credit rating (ICR) of “bbb-” of Turkey’s Milli Reasurans Turk Anonim Sirketi (Milli Re) with a positive outlook, which Best said “reflects Milli Re’s maintenance …
Dublin-based Research and Markets announced the addition of “Opportunities in Middle East Insurance Market” to their offering. The report is designed to “help clients to analyze the leading-edge opportunities critical to the success of the insurance industry in the region,” …
