Chedid Capital Holding, in collaboration with a group of investors in Dubai, has acquired 75 percent of Al Manara Insurance...
United Arab Emirates News
Chedid Europe Reinsurance Brokerage Limited, headquartered in Dubai, UAE, has announced its registration as a Lloyd’s broker. Chedid Re, which...
The Insurance Authority (IA) of the United Arab Emirates recently issued new financial regulations, which are well placed to improve...
A.M. Best has revised the outlook to positive from stable for the issuer credit rating (ICR) of Union Insurance Company...
The ACE Group announced that it has established a new business region, Eurasia & Africa, as part of its Overseas...
The Dubai International Financial Centre (DIFC), the United Arab Emirates’ financial hub, expects to permit transactions in Chinese yuan from...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a”...
Somali pirates have released the Marida Marguerite, a German-operated chemical tanker after receiving a $5.5 million ransom, the Kenya-based East...
The French-based AXA Group has appointed Jérôme Droesch as CEO for the Gulf region. He was previously Regional CEO for...
Zurich Financial Services Group announced today that its subsidiary, Zurich Insurance Company Ltd, has completed the acquisition of 99.99 percent...