Talking shop

Policy spoke to Yassir Albaharna, CEO of the Arab Insurance Group (Arig); The Arab insurance champion.

Arig Back In Profit After Tough 2008

Arab Insurance Group (Arig) has completed a major financial turnaround by posting US$21.9 million profits in 2009 following a turbulent performance the previous year. In 2008, the reinsurance provider announced a $28.6 million loss at the height of the economic downturn. But the company has bounced back in line with a general recovery across global financial markets.