UAE: Dubai Islamic Insurance and Reinsurance Company has appointed Tareq Moosa Khoury as a member in the Fatwa and Shariah supervision authority, in place of the late Dr Hussein Hamed Hassan, according to a bourse filing.
Founded by Arthur J. Gallagher in Chicago in 1927, Gallagher has grown to be one of the leading insurance brokerage, risk management, and consulting services companies in the world. With significant reach internationally, our organization employs over 52,000 people and our global network provides ...
The reinsurance market has been hit by a series of unforeseen events in recent months. Read more What Reinsurers can learn from the Dubai floods Unprecedented flooding in Dubai in April highlighted the potential severity of this risk in an area where, historically, rainfall has been scarce. ...
Africa Re in Dubai Read the article Together with our Host Countries in the Fight against Covid-19 As some of the host countries of our 6 regional offices, 2 contact offices and 2 subsidiaries have issued ‘stay-at-home’ orders, we wish to inform all our customers, partners and stakehold...
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“The retrocession market is hardening and what we see on the retail side is a huge gap,” commented a local insurance executive. ”Companies are not up to speed on what’s happening in the international markets and they are getting caught out.” ...
We also need access to better data, but it has to be “good and honest data”, which is independently validated. There must be more honesty between all stakeholders to avoid ‘greenwashing’. “Companies often don’t know that’s what they are doing,” she added. ...
“The AEGF will remove a major obstacle for renewable energy investments in Africa,” commented Joachim Wenning, CEO of Munich Re. He added that for the German insurance company, the facility is “a blueprint for risk-sharing between insurers, reinsurers and international financial ...
Rating (FSR) of A (Excellent) of China Reinsurance (Group) Corporation (China Re) (China) and its subsidiaries. The outlook of the Long-Term ICR has been revised to stable from positive, while the outlook of the FSR is stable. (See below for a detailed listing of the companies.) ...
(Long-Term ICR) and affirmed the Financial Strength Ratings (FSR) of A (Excellent) and the Long-Term ICR of “a” of China Reinsurance (Group) Corporation (China Re) (China) and its subsidiaries. The outlook of the FSR is stable. (See below for a detailed listing of the companies.)...