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The big talking points from this year's Insurex conference

Meeting The Challenges Of ERM

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A look at the region's most established financial centres

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Why the call for takaful companies to follow corporate governance guidelines is growing louder

News

ABNIC put on creditwatch negative

UAE insurer Al Buhaira National Insurance Company has been put on creditwatch negative by Standard & Poor’s. The ratings agency said the financial profile of the insurer “has weakened”, therefore it is placing the firm’s BBB rating on creditwatch negative.

Arig posts US$2.8m loss

Arig has recorded a US$2.8m loss for the first half of 2010 as a result of volatile global equity markets. In its half-year results, the reinsurer recorded a net loss for the first half of 2010, compared to a US$8.8m profit for the same period last year.

AM Best assigns Kuwait Re ratings

AM Best Co has assigned a stable financial and credit rating to Kuwait Reinsurance Company. The ratings agency has assigned a financial strength rating of A-(Excellent) and an issuer credit rating of a-, with a stable outlook.

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