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DIFC records 23% growth in insurance underwriting volumesDubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, has consolidated its position as the principal hub for the (re)insurance industry, with the highest gross w More… |
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DIFC welcomes more insurance playersDubai International Financial Centre (DIFC) has welcomed a new set of insurance and reinsurance players, close on the heels of granting licences to several companies in this sector. The newcomers – Hensley Wynne Furlonge Partners More… |
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Deals inked to boost trade, investments between UAE and AfricaEtihad Credit Insurance (ECI), the UAE Federal export credit company, and African Trade Insurance Agency (ATI) signed a reciprocal reinsurance agreement to strengthen trade ties and boost exports between the two markets. This is done by provid More… |
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Deals inked to boost trade, investments between UAE and AfricaEtihad Credit Insurance (ECI), the UAE Federal export credit company, and African Trade Insurance Agency (ATI) signed a reciprocal reinsurance agreement to strengthen trade ties and boost exports between the two markets. This is done by provid More… |
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Tysers strengthens reinsurance expertise across MenaTysers, a leading, independent Lloyd’s broker, has welcomed Souvik Goswami as Director, Reinsurance, to its Dubai office as it boosts its presence, products and client services across Middle East and North Africa (Mena) and wider markets More… |
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UAE, Egypt sign reinsurance deal to bolster tradeEtihad Credit Insurance (ECI) and Export Credit Guarantee of Egypt (EGE) have signed a reciprocal reinsurance deal to support Emirati and Egyptian projects in their respective countries as well as their joint initiatives around the world. More… |
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UAE, Egypt sign reinsurance deal to bolster tradeEtihad Credit Insurance (ECI) and Export Credit Guarantee of Egypt (EGE) have signed a reciprocal reinsurance deal to support Emirati and Egyptian projects in their respective countries as well as their joint initiatives around the world. More… |
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Saudi Re to hike capital with 1:10 bonus share issueSaudi Reinsurance Company (Saudi Re), a leading reinsurance company in the Mena region, said it will increase the company’s capital through 10% bonus share distribution, granting one share for each 10 owned-shares. Saudi Re More… |
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DIFC posts 17.4pc growth in reinsurance during 2019Dubai International Financial Centre (DEFC) has announced a sustained performance in the reinsurance sector, posting a growth of 17.4 percent in 2019, representing the highest volume of premiums ever written in the market. The DIF More… |
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Trust Re net profit doubles in 2015Bahrain-based Trust Re, a leading reinsurance company, posted profits of $30.8 million in 2015, as against $15.4 million in the year before, marking an increase of 100 per cent. The company attributed the profit to very strong non More… |
