A.M. Best Co. announced that it has upgraded the ratings of a nember of companies -l isted below – following a review of the application of its country risk methodology within the rating process. Best explained that as part of …
Standard & Poor’s Ratings Services has raised its long-term local currency counterparty credit and insurer financial strength ratings on Thai Reinsurance Public Co. Ltd. (Thai Re) to ‘A-‘ from ‘BBB+’ and assigned a stable outlook. “This upgrade reflects the company’s …
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 …
Marsh announced from Dubai that it has established a Forensic Accounting and Claims Services (FACS) Practice for the Middle East and North Africa, which will be based in the city on the Persian Gulf. Ian Peters, formerly a Senior Claims …
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,” …
Trade credit insurer Euler Hermes, a subsidiary of AGF and a member of the Allianz Group, has opened an office in Dubai in cooperation with its local partner, Alliance Insurance. Euler Hermes new facility will offer “an extensive range of …
Marsh announced from its offices in Doha that it is to apply for a license from the Qatar Financial Centre Regulatory Authority. Commenting on the application, Robert Makhoul, Head of Marsh’s Middle East operations, stated: “Our plans to set up …
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 …
A.M. Best Co. has affirmed the financial strength rating of “B++” (Very Good) and the issuer credit rating (ICR) of “bbb” of Qatar General Insurance and Reinsurance Company (S.A.Q.) (QGIR) (Qatar), both with a stable outlook. “The ratings reflect QGIR’s …
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, …
