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Insurance
Bahrein-based re/insurer Trust Re has appointed Fetooh Al Zayani and Kai-Uwe Schanz as independent non-executive directors for a three-year term. 6 June 2017
Insurance
Asta, the Lloyd’s third party managing agent and specialist MGA investor, has announced that Dubai-based Arma Underwriting has received full approval from all regulators and commenced operations in May. 6 June 2017
Insurance
Specialist insurer Markel International has appointed Amer Ibrahim as marine underwriter in Dubai to extend the range of its business in the MENA region. 10 May 2017
Insurance
Qatar Insurance Company (QIC), the insurance group that owns Qatar Re and Antares, enjoyed solid growth in the first quarter of 2017 driven by contributions from these reinsurance and speciality insurance subsidiaries specifically. 26 April 2017
News
AXIS Re, a subsidiary of Bermuda-based AXIS Capital Holdings, has appointed Michael Leahey as vice president and deputy head of catastrophe underwriting for Europe, Middle East and North Africa (MENA), and Israel to further expand its business in these regions. 12 April 2017
Insurance
Bahrein-based re/insurer Trust Re said its profits fell to $18.8 million in 2016 from $30.8 million a year ago, driven by lower investment income. 3 April 2017
Insurance
Insurer Chubb has made four appointments to its underwriting team in Middle East and North Africa (MENA) as it continues to build its insurance capabilities in the region. 3 April 2017
Insurance
Dubai-based re/insurer International General Insurance Holdings (IGI) has recorded lower gross written premiums and net profits for 2016, but management claims to “view future prospects with optimism.” 13 March 2017
Insurance
Senior re/insurance executives are very optimistic about the personal lines business in the Middle East and North Africa (MENA) region, according to a survey. 7 March 2017
Insurance
Qatar Insurance Company (QIC) enjoyed strong growth in 2016, boosted by its increased international footprint. However, its profits dipped slightly, saved mainly by better investment returns, these counteracting a combined ratio that is creeping towards 100 percent. 30 January 2017
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