international reinsurance market News

XL Group’s reinsurance segment announced the establishment of new operations in Dubai, UAE, to serve the MENA market and act as a regional hub for the business. XL named Mohamad Alali as Senior Executive Officer and Imen Hamadouche as a …

A.M. Best Co. has affirmed the financial strength rating of ‘A++’ (Superior) and issuer credit rating of “aa+” of Swiss-based Tokio Millennium Re AG (TMR), both with stable outlooks. Best explained that “TMR is a wholly owned subsidiary of Tokio …