The Insurance Authority (IA) of the United Arab Emirates recently issued new financial regulations, which are well placed to improve the risk profile and policyholder security of UAE insurers, according to A.M. Best in a special report titled “A.M. Best …
A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” to United Arab Emirates-based Al-Sagr National Insurance Co.; both with stable outlooks. The ratings reflect Al Sagr’s “strong …
Talbot Underwriting, Ltd., a wholly owned subsidiary of Validus Holdings, and Abu Dhabi National Insurance Company (ADNIC), a prominent insurance company in the UAE, announced today that they are ceasing their Joint Venture business “Underwriting Risk Services (Middle East) Ltd.”, …
