Arab Reinsurance Company: a new dimension
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KSA - Insurance disputes center to resolve auto claims - Egypt announces ins. fees for electric, hybrid vehicles - Rivals ride rising rates as Lloyd's abandons some ship ins. - MENA Fintech Association established - Saudi insurance market to see mergers soon - UAE - Central Bank launches a platform to report suspicious transactions - Central Bank of Iraq establishes Takaful Company - Kuwait parliament to examine insurance bill - KSA - STC launches 5G commercial services - Saudi Tadawul to lure foreign flows on FTSE third phase inclusion - Facebook's new cryptocurrency Libra revealed - Saudi Arabia - 11.3% growth in banking sector profits in 2018 - Emirates Institute for Banking Concludes Fintech Program - KSA - Al-Etihad Insurance approves capital hike - Egyptian fintech startup, Paynas wins prize - Dubai Health to offer early intervention on patients of concern - Egypt’s FRA finalizes new Insurance Act - MetLife’s LumenLab using Blockchain to automate claims - Profits of GCC insurers at $324.27 m in Q1 - Egypt – Central bank launches 1st fintech portal - Saudi insurers Walaa, Metlife AIG ANB consider merger - Afya 2 Kuwaiti retiree health insurance now available - Oman – Al Madina Takaful to empower SMEs - Bahrain among top ecosystems for female start-ups - Egypt – Central Bank of Egypt signs two MoUs on fintech - Allianz closes on acquisition at New York's 30 Hudson Yards - IAIS outlines new 5-year plan to address insurtech - US cyber premiums up 10% to $2.03bn in 2018 - UAE - Car ins. premium drops 9.5% in H1 - China Life ins. co. premiums grow 4.7 pct in Jan-May - Dubai’s hospitals feel pain of ins. Delays - Abu Dhabi - SALT Announces Its Global Thought Leadership Conference - Moody’s expects stronger reinsurance profitability in 2019 - Bahrain’s economy achieves 2.73% Growth in Q1 2019 - S&P turns stable on Lloyd’s - UAE - RSA provides discounts to DEWA customers for home ins. - EgyptAir launches insurance policy tender for assets - Saudi Arabia - Foreign investment more than doubled in 2018 - Egypt - 'Seamless North Africa 2019' to discuss fintech trends - FDI inflows to Bahrain rise 6% to $1.5bln - Bahrain – InsurByte tackles insurtech trends - Saudi Arabia - Malath, ANB extend insurance deal - Citi MENA Fintech Challenge launched - ArabNet Beirut conference celebrates 10 years - Dubai - DIFC issues new insolvency law - Moody’s expecting stronger reinsurance sector profitability in 2019 - UK insurer Legal & General picks Amazon for blockchain deal - Dubai - AREA 2071 hosts 20 global startups worth AED42.2 m - Saudi Arabia - Medical insurance must for family visa extension - UAE - Medical Liability Law will reduce medical errors - Egypt – EGP 18.1 B ins. sector premiums in 4 months - Fintech set to expand in Mideast, Africa, says S&P - FinTech has power to disrupt global finance says IMF’s Lagarde - China mulls raising caps in equity investment for insurers - Fintech Startups in Lebanon: Financing the Future - Health Dubai: AED 20,000 fine for delayed ins. Approval - China's ins. sector runs smoothly with risks controllable - UAE – Need for compulsory fire insurance - Egypt – Agricultural ins. contract to cover natural risks - Egyptian Football Association gets ins. for Africa Cup of Nations - Egypt – Insurers pay 25% of revenues as admin expenses - Aviva to cut 1,800 jobs in expense saving push - Willis Towers Watson unveils new initiatives to fuel growth - Liberalisation in Myanmar a boon to insurers - Global reinsurance pricing not hard, but firming - June 1 rates expected to be up 10% – 30% for loss-affected accounts - Rate increases unlikely to stick without above-average losses - China's pet insurance market sees bright future - State Farm, USAA join forces to test blockchain solution - Saudi central bank grants licences to 14 fintech firms - Mastercard Partners With Bahrain FinTech Bay - SABIC renews long-standing partnership with Bupa Arabia - Burn-Out is a chronic condition according to WHO - Morocco - Marsh in the capital of Beassur - Belgium - 40% increase in the cost of fire and theft ins. - Egypt’s first FinTech accelerator promotes 10 startups - A.M.Best: Jordan ins. market remains highly competitive - Mohandes Ins. targets EGP 110m profit in FY19/20 - KSA - Al Ahlia gets SAMA's nod on 23% capital cut - Irish University to Offer Blockchain Master’s Degree - KSA – SAMA lifts the Ban on Union Cooperative Ins. - Egypt’s FRA wraps up Insurance Act consultations - NBB joins Bahrain Fintech Bay’s talent programme - AIB-Bahrain in bid to boost Islamic digital banking - Bupa Arabia provides health ins. to 299 orphans - Facebook to Roll Out Cryptocurrency in 2020 - Egypt - CBE to ban issuance of cryptocurrency without licenses - UAE economic growth expected at 2% in 2019 - Smart Dubai, DHA use AI to save lives - Alibaba Announces Blockchain Technology Integration - Gulf Capital acquires 70pc stake in Medica - Bahrain Association of Banks to launch sign language dictionary - Insurer First American left 900 m customer files exposed - Oman – Ins. premiums reached OMR 463.5 m in 2018 - UAE – Reinsurance absorbs AED 2.25 B premiums in Q1 - Egypt – EGP 12 monthly ins. premium on electronic cars - GCC bond and sukuk issuance surged by USD 32 billion in Q1 - Saudi fiscal deficit to reach 7 per cent of GDP in 2019 - UAE - Chinese conglomerate considers $ 10 B investment - MENA fund managers increase investments in Egypt - Bahrain - InsurByte Re-imagining Insurance 2019 - Sovereign investors favour unlisted tech - Amazon shareholders reject facial recognition ban - Kuwait - MoCI obliges all insurers to codify documents - Egypt - Regulator to review draft Ins. Act after Eid break - Dubai car rental agency to get Dh115,000 compensation - Bahrain National Holding acquires major stake in Health 360 - Bahrain - BBK launches a management program in fintech - Misr Ins. Holding targets EGP 4.2bn profit in FY19/20 - UAE - Etihad Credit Ins. and Dhaman partner to support growth - Dubai - DFM to organise international investor roadshow in New York - Egypt - Fawry to acquire EME International’s fintech division - UAE - Profits of 28 insurers at AED 591.65 m in Q1 - Egypt – Ins. sector has the highest average wage - Bahrain is among first countries to adopt fintech - Arabnet Beirut celebrates 10 years of technology - UAE - ADNIC partners with FAB through ‘payit’ option - ‘Game of Thrones’ ins. to reimburse fans who can prove spoilers - China allows insurers to use credit derivatives - ECI signs MoU with ADCB to support UAE businesses - Digital: Morocco in force at Vivatech Paris - Bitcoin price crashed by nearly 20% in minutes - Saudi non-oil growth to top 2.9% this year - Dubai – Overseas treatment through prepaid card - Generali posts solid growth and profits in Q1 results - Kuwait - MPs approve insurance law - Gulf Ins. Group announces net profit of KD 3.7m for Q1 2019 - NBB forges ahead with open banking in Bahrain - 2019 General Assembly - Bahrain highlights its plans to target InsurTech - KSA - Al Alamiya inks insurance deal with Riyad Bank - Visa partners with Bahrain FinTech Bay - Fintech is Key to Shaping Sustainable Islamic Finance - USA - Chinese Citizen Indicted in Anthem Hack of 80 Million People - Digital Ins: Aegon Life on-boards eBaoTech - CMA inaugurates health ins. diploma course for Omanis - Kuwait - Al-Roudhan lifts suspension of 3 ins. Companies - UAE: AED 24.4 million as profits for “Dubai Insurance” - UK: RSA sees strong growth opportunity in five industry practices - Moumen Moukhtar, the new President of Misr Insurance Co. - SAR 55 million profit of 13 Saudi insurance companies - Growth outlook lowered for GCC economies this year - Saudi Arabia may relax shares limit for foreign investors - Dubai to switch to 25% autonomous vehicles by 2030 - $1bn Mubadala fund set for big Abu Dhabi launch - Board of Directors of Arab Re: positive results in year 2018 - KSA - CMA Approves the Capital Increase of Walaa ins. - Bahrain - New strategies urged to tackle cybercrime - KSA – SAMA celebrates the graduate of 2nd bath in cybersecurity - GCC Board Directors Institute Launches Director Program - KSA finance ministry announces 30 years Sukuk issuance - Oman – Awareness campaign on health ins. Policy - SoftBank to invest $1bn in fintech firm Wirecard - Bahraini start-ups prospering thanks to Al Waha - Kuwait Finance House wins Fintech award - Samsung Developing its own Blockchain system - UAE - Mubadala was Awarded Anti-Bribery ISO certification - Saudi Arabia - 20 boxes in the Bold investment initiative - UAE - DIFC FinTech Hive launches career mentorship program - Kuwait - Six insurance companies suspended - First Bahrain Insurance Hackathon - Digital transformation of Middle East financial services is accelerating - KSA - Tawuniya to obtain qualitative leap in health practice - KSA - SAMA nods to Arabia Insurance’s capital raise - Saudi Arabia launches $3 bln package to support private sector - Etihad Credit ins. teams up with Sharjah Chamber - Development of driverless vehicle blockchain tech with IoT Firm - China - Blockchain-Enabled Notary Opens Office - South Korea - Hospital to create Blockchain Data Management - Sharjah Ins. to pay 7 fils/shr dividends for FY18 - UAE - Insurance House issues perpetual bonds - Egypt bourse unveils new insurance policy tender - Bahrain Kuwait Ins.: Profit at BD794,000 in Q1 - Arab Federation of Exchanges conference tackles SMEs - Dubai's economic growth will accelerate in 2019 and 2020 - World Bank to invest $200 million in Egyptian startups - Chile – New Cryptocurrency & Fintech Regulations - 60% of organizations trapped in a digital deadlock - Bahrain - SADAD launches Save Your Card Feature in Mobile App - Fintech: China's Wonder News opens $50m office in Bahrain - Abu Dhabi National Ins. Customer Service Excellence Recognised - 99% of UAE execs say innovation has accelerated - 94 Emiratis complete Artificial Intelligence program in UK - UAE ranks 6th in health and wellness index - Central Bank of Bahrain issues draft rules on Ins. Aggregators - Kuwait - Regulator tightens control over insurance sector - China Life insurance premiums grow over 11% - Bahrain set to host InsurByte conference in June - Misr Ins. to cover judges overseeing constitutional referendum - UAE adopts National Artificial Intelligence Strategy 2031 - World Bank: $25B for digital transformation in Africa - Telegram’s TON Partners with Wirecard to develop fintech - The Reserve Bank of India excludes cryptocurrency projects - Smart Dubai and Microsoft to accelerate digital transformation - Kuwait - Wethaq Ins. receives $6.48m from real estate fund - 2,000 tycoons move to UAE in 2018 - Saudi Arabia ranks second in global investment destination list - Report Shows Major Security Holes in Banking Apps - Kuwait - Regulator might suspend up to 12 insurers - KSA - Financial Sector Conference fulfills 2030 Vision - Misr Ins. posts $318.7 mln premiums in H1-FY2018/19 - Dubai – Global leaders to meet at Artificial Intelligence Summit - UAE Takaful Companies Catching Up with Conventional Peers - KSA - 3.2m Saudis, 8.1m expats enjoy health ins. - Oman – Regulator adopts XBRL for financials of listed firms - Bahrain launches fintech talent programme - Bahrain - Cigna Life Ins. receives a License from regulator - Saudi financial conference to attract hundreds of experts - ‘Bone-breaking’ ins. fraud gang busted in Italy - Jordan- Aqaba conference on marine ins. kicks off - Oman- Health insurance leading the market - Kuwait - Rising health insurance premiums - Egypt's insurance firms see boost in capital - Egypt: IFC launches support program for fintechs - Mashreq bank joins Startupbootcamp FinTech Dubai - China lays down national standards for ins. Industry - Lebanon - Calls for cooperation to enhance cybersecurity - Egypt to launch 8 investment areas, free zones in 2018 - Bahrain - Royal Decree Stipulates formation of Health Ins. Fund - Kuwait – Premiums of Wethaq Takaful grow by 16% in 2018 - IMF’s Lagarde says fintech will shake the system - Calls to establish digital economy body at Arab League - Oman - New health ins. initiative for house helps - Egypt - New health ins. provides coverage for all citizens - Saudi Arabia – Significant decrease in ins. profits in 2018 - DIFC launches roadmap for fintechs entering MEA - AAOIFI appoints new Secretary General - Egypt - AXA signs bancassurance deal with Ahli United Bank - GCC FinTech maturing and driving innovation - Bitcoin hits milestone with its 400,000,000th transaction - Saudi Arabia - 47% of vehicle ins. fraud due to damage mismatches - Abu Dhabi Dept. of Health: Health facilities to provide bills - Dubai - Seamless Middle East 2019 to tackle fintech - Egypt - Insurers pay EGP 2.5 B compensation in 2 months - UAE - 40% off on treatments not covered by insurance - Kuwait- MoH to form panel over 'amendment' of health Ins. - Blockchain Ins. Initiative B3i Expands Its Group of Investors - What UAE people claim for the most on travel ins. - UAE first country regionally in fintech - 100 Arab Start-ups Shaping the 4th Industrial Revolution - World Bank: Vision 2030 Diversified Saudi Income Sources - Investments to UAE expected to rise by 20% in 2019 - Mideast ‘biggest target’ of cybercrime - Lebanon – Oil and Gas summit emphasizes insurance role - MENA - Cyber threats beyond traditional attacks - Fintech Cairo: Fostering Innovation in Financial Inclusion - Moody’s: Takaful demand spurs higher premiums - Kuwait - Health Ins. fees from Jan 2020 to be KD 130 - Bahrain - FinTech Hackathon for Sustainability - Smart Dubai Office endorses du’s Blockchain Platform - UAE – Future Blockchain Summit - UAE - Coursera and INSEAD launch Blockchain Specialization - Dubai - DIFC FinTech Hive accepts applications - Ajman government to enact 'Smart Payment System' - UAE - Takaful premiums reached AED 3.7 billion in 2018 - GCC - Car ins. prices continue to decline in 2019 - Solidarity Bahrain launches the first Ins. Hackathon - UAE - SALAMA Islamic Arab ins. co. reports strong growth - 16 Saudi ins. firms log millions in losses in 2018 - UAE - Community contributions of 21 insurers at AED 2.95 million - Oman - Details of mandatory health ins. Revealed - Gulf Insurance to distribute 36% of par value as dividend - UK Insurers pay £1 M each day for vehicle thefts - UK - AM Best: negative outlook for 2019 non-life ins. - UAE - Among world's top 10 most positive on economy - Lebanon – Government targets transition to a digital economy - Saudi Arabia - Foreign entrants to boost ins. Market - KSA - Najm plays key role in developing ins. Technologically - China - Joint Venture to develop pension ins. - Two Bahraini women join top 100 fintech list
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Arab Re's Investment Workshop, Beirut, Lebanon Arab Re's Workshop, Beirut, Lebanon Arab Re's new Strategic Plan is launched during an outing in the Bekaa Arab Re staff gets together for a 2010 World Cup dinner Arab Reinsurance Pool: a legal and structural achievement Arab Re: capital increase to 100 million US Dollars Arab Re's August 2011 internal Workshop “Life & Health: Back To the Basics” Workshop by Arab Re Arab Reinsurance Company Dinner Sheikh Khaldoun Bakri Barakat-Ibsar Research Fund for interdisciplinary research Arab Re - Moebius No.1, October 2011 Arab Reinsurers' Ranking English Language Training Program Arab Re's latest rating by A M Best. A M Best revises outlook of Arab Reinsurance Company Takaful reinsurance: New window in Arab Re's business Arab Re - Moebius No.2, February 2012 "The Arab spring: effects on Arab reinsurers", "Bayan" magazine "The 2011 insurance figure: Sheikh Khaldoun Barakat". On the occasion of Arab Re’s 40’th anniversary ; A brief history of the company’s history & origins "IFRS 4 Phase 2 and Solvency II" Workshop by Arab Re Arab Re lectures in the "8th Asia Conference on Healthcare and Health Insurance", India Once again, ARABRE organized a “Fun Day” Latest Appointments Election of new board directors and dividends distribution GAIF’s Arab Reinsurance Pool workshop Sheikh Khaldoun Barakat, Chairman of Arab Reinsurance Company Arab Re encourages Arab insurers to cede risks to Arab Re Pool Arab Re Workshop Arab Re…the profitability is good and important projects ahead Sheikh Khaldoun Barakat re-elected as the Chairman of Arab Re Arab Reinsurance Company Ramadan Iftar The Arab Reinsurance Company sponsored partly the TV program “The Kuran Arab Reader Competition” The General Assembly for the Arab Reinsurance Pool Arab Re organized a “Team Building – Fun Day” in West Bekaa Country Club 33 employees from Arab Re participated in the Beirut Marathon Run 2012 The Sharia Consulting Committee for Takaful Reinsurance at Arab Re held its meeting We invite you to read the AM Best release of Arab Re’s latest rating Interview with Sheikh Khaldoun Barakat. "Al Bayan Economic" magazine Investing in Service Providers Arab Re's family wishes you a Happy Mothers' Day Arab Re's family wishes you a Happy Easter The 24th Arab Reinsurers’ League Meeting AIO Conference, Cairo, 26-29 May 2013 The 27th International Insurance Tennis Tournament, Turkey, 31 May to 1 and 2 June 2013 Arabre's Family Wishes You "Ramadan Kareem" Arab Reinsurance Company’s Iftar Interview with Sheikh Khaldoun Barakat on the Saudi insurance market The 23 Conference of FAIR, China, 16-19 September 2013 Arab Reinsurance Pool’s General Assembly 25/9/2013 “19 African Reinsurance Forum”, 6 to 8 October 2013, Tunisia “2013 Insurex Conference”, 2 October 2013, Dubai. Sheikh Khaldoun Barakat,guest of “Daif wa Kadia” program,on the Saudi economic channel,“Eqtisadia” 30 employees from Arab Re participated in the 2013 “Banque du Liban Beirut Marathon” ”AFIRC Conference 2013”, 4-5 November 2013, Morocco Season’s greetings from Arab Re Team Sheikh Khaldoun Barakat, guest of “Al Marsad” program, on the Saudi economic channel, “Eqtisadia” Multaqa Qatar announces 2014 Multaqa Essay competition prize winner as Mr. Zein Hawwari AUB Job Fair 2014 The 28 International Insurance Tennis Tournament Turkey, 6-7-8 June 2014 The GAIF 30th General Conference, Egypt, 1-4 September 2014 Interview with Sheikh Samer Barakat Arab Re Dinner 20 employees from Arab Re participated in the 2014 “Banque du Liban Marathon” Interview with the Chairman of Arab Re, Sheikh Khaldoun Barakat A.M. Best Affirms Ratings of Arab Reinsurance Company S.A.L. Interview with Sheikh Khaldoun Barakat Arab Re BOD: adopting 2014 Annual Report and 2015 budget Arab Reinsurance Company Iftar 2015 Arab Re's Family Wishes You a happy "Eid Al Adha" Arab Re's family wishes you Happy Hijri Year 1437 Interview with Sheikh Samer Khaldoun Barakat 26 employees from Arab Re participated in the 2015 “Banque du Liban Marathon” Mergers and Acquisitions became an urgent necessity - “Interview with Sheikh Samer Khaldoun Barakat” Promotion of Mr. Mallouk to Deputy General Manager Promotion of Mr. Mohamed Hammoud to Head of Technical Department Mr. Jean-Marie Naaman will be assuming the position of Deputy Head of Technical Department Interview of Sheikh Khaldoun Barakat with “Eqtisadia” Saudi channel Arab Reinsurance Company Iftar 2016 Our policy is prudent and conservative - "Interview with Deputy General Manager Mr. Hussein Mallouk" Lunch Reception Honoring Arab Re Employees Arab Re's Family Wishes You a happy "Eid Al Adha" Interview with Deputy General Manager Mr. Hussein Mallouk on the future prospects of Arab Re 24 Employees from Arab Re participated in the 2016 Beirut Marathon Carine Geagea Arab Re Risk Management Manager: Crucial for the region to get back to basics Arab Re promotes insurance knowledge electronically Mr. Hussein Mallouk DGM of Arab Re: “We Expect to Maintain Historical Profitability” Mr. Hussein Mallouk DGM of Arab Re: “Improved regulations will also regulate competition” Sh. Samer Khaldoun Barakat “Companies have to focus on technical profitability” Invitation to attend the Ordinary General Assembly of the Shareholders of Arab Reinsurance Company Clarification by Arab Reinsurance Company Chairman of Arab Re, Sheikh Khaldoun Barakat “We target achieving an added value” Arab Re’s Board of Directors approves employee incentives Arab Re started recovering historical profitability Arab Reinsurance Company hosts Annual Iftar Marc Tarazi, R&D: “Arab Re aims at supporting and improving Arab insurance regulation” Mr. Hussein Mallouk, DGM - Arab Re - Digital Technology will change the insurance landscape DGM Mr. Hussein Mallouk: A. M. Best categorizes balance sheet as very strong Mr. Mohammed Hammoud, Head of Technical, “Improving underwriting conditions has positive returns” Meeting of the Board of Directors of Arab Re Arab Reinsurance Company Iftar 2018 Iftar of Arab Re & Jamiyat Dar Al Ber Al Lebnani Carine Geagea, Risk Management Manager: “Credit Ratings: Risk controls or barriers to success?” Arab Re strengthens presence in GAIF’s 32nd conference Sh. Khaldoun Barakat - Chairman - We maintained a B+ rating and our market position Arab Re supports the FAIR Reinsurance Forum Gala Dinner of the Arab Reinsurance Company Arab Reinsurance Company maintains its B+ rating by A.M. Best Meeting of the Board of Directors of Arab Re Hussein Mallouk: “Strong positions and successful partnerships” Sheikh Khaldoun Barakat: “Strategic vision for a sustainable sector” Arab Reinsurance Company celebrates the Mothers’ Day Board of Directors of Arab Re: positive results in year 2018 2019 General Assembly
Arab Re’s workshop held at Bristol hotel in Beirut Arab Re receives B+ (Good) rating from A.M. Best Arab Re hosting the Pool's General Assembly Young and new generations in Arab Re. Arab Re celebrates the Holy Month of Ramadan Arab Re looks to expand its team Arab Re looks to be regional standard-bearer Workshop at Arab Re – Finance and technical issues in insurance companies Interview with Arab Re’s Chairman, Sheikh Khaldoun Barakat Arab Re’s capital increase to USD 100 million Arab Re’s investment workshop Interview with Mr. Robert Irani, AGM / Investments Arab Re’s investment workshop Arab Re hosts the Arab Re Pool Arab Re’s capital increase to USD 100 million Arab Reinsurance Pool: a legal and structural achievement Arab Re’s capital increase and dividends’ distribution. Arab Reinsurance Company Dinner International reinsurers decline to cover riots and civil commotions in Egypt Article in "Ta'min" magazine, issue 135-136 Arab Re's latest rating by A M Best. "The Arab spring: effects on Arab reinsurers", "Bayan" magazine "The 2011 insurance figure: Sheikh Khaldoun Barakat". "Arab Re's Workshop". "Al Morakeb Al Inmai" magazine, issue number 245 "Arab Re Workshop" -Al Bayan economic Mag.-Issue 486 "Arab Re Workshop" -Al-Ittihad economic Mag.-Issue 99- May,2012 Sheikh Khaldoun Barakat, Chairman of Arab Reinsurance Company Arab Re encourages Arab insurers to cede risks to Arab Re Pool Arab Re Workshop Arab Re…the profitability is good and important projects ahead Sheikh Khaldoun Barakat re-elected as the Chairman of Arab Re "Interview with Sheikh Khaldoun Barakat". "Al Bayan Economic" magazine "Busy week at Arab Re". "Al Bayan Economic" magazine, issue 496, March 2013, Lebanon, page 152. Arab Re welcomes Arab reinsurers in Beirut, Al Bayan magazine, June 2013, Lebanon, Page 178 "Necessity to commodity". Interview with Miss Joëlle Ghanimeh Interview with Sheikh Khaldoun Barakat on the Saudi insurance market Arab Reinsurance Company…to follow the same plan and maintain its position The Arab political turmoil causes direct and indirect losses to Arab insurers and reinsurers “Arab Re: profits reached USD 7.7 million and shareholders’ equity at USD 104 million” Interview with Sheikh Samer Barakat Arab Re Dinner Interview with the Chairman of Arab Re, Sheikh Khaldoun Barakat Interview with Sheikh Khaldoun Barakat Arab Re BOD: adopting 2014 Annual Report and 2015 budget Arab Reinsurance Company Iftar 2015 Interview with Sheikh Samer Khaldoun Barakat Mergers and Acquisitions became an urgent necessity - “Interview with Sheikh Samer Khaldoun Barakat” Interview of Sheikh Khaldoun Barakat with “Eqtisadia” Saudi channel Our policy is prudent and conservative - "Interview with Deputy General Manager Mr. Hussein Mallouk" Interview with Deputy General Manager Mr. Hussein Mallouk on the future prospects of Arab Re Mr. Hussein Mallouk DGM of Arab Re: “We Expect to Maintain Historical Profitability” Mr. Hussein Mallouk DGM of Arab Re: “Improved regulations will also regulate competition” Sh. Samer Khaldoun Barakat “Companies have to focus on technical profitability” Arab Re started recovering historical profitability Mr. Hussein Mallouk, DGM - Arab Re - Digital Technology will change the insurance landscape DGM Mr. Hussein Mallouk: A. M. Best categorizes balance sheet as very strong Meeting of the Board of Directors of Arab Re
Rating A (excellent) to Arab Orient Insurance Company Lloyd's of London's Profit Slides 43 percent Japan's Earthquake and Tsunami: the costliest catastrophe in history Will losses in major companies trigger an increase in insurance/reinsurance rates? Managing Director of Gulf Union has requested to end his contract Replacing Expats Venture capital deals in MENA have tripled in past 2 years Superfast broadband may help make Qatar new tech hub Indonesia changing quickly as Economy booms Swiss Re joins Ethiopian micro-insurance project Tornadoes, storms cost Zurich $295 million Eurotunnel sees insurance dispute reaching end European Union may delay Solvency II deadlines PIMCO head predicts Greece, others will default How would the Middle East fare in the event of a Eurozone collapse? $15.5B in insured U.S. weather losses this year: Aon Soros Says Exit Mechanism From Euro Is 'Probably Inevitable' AIG May Have $500 Million in Disaster Losses, JPMorgan Says UAE public debt put at over $236bn BMI sees strong growth in Lebanon’s life insurance market from 2011 to 2015 GCC insurance market to hit $20bn next year: QFCA Accident or arson: Fraud in the MENA region is a billion dollar industry Rating B++ to Arab Misr Insurance Group S.A.E. Insurance Rates Climb on Disaster Costs Qatar is richest nation on earth Insurers look past bonds amid low rates: Deutsche Bank exec Gen Re fined for violating Iran trade sanctions UAE realty to benefit from cash flow set off by new law Greece boosts Dubai market UAE insurance premiums rise 10% to Dh22b in 2010 Harnessing the Sun Exorka, Marsh and Munich Re cooperate on new geothermal energy project Almost 10% of European insurers fail stress tests Global insurance premiums rise as catastrophes add pressure: Swiss Re Lebanon leads MENA on cover premiums to GDP Solvency II Rules May Force Insurers to Shun Stocks, BIS Says Saudi Re announces its preliminary financial results Dissolution of the "Insurance Commission" to be under the "Central Bank of the UAE" The staff of Misr Insurance Company objected again against the separation of the company Allianz SF announces its preliminary financial results Al Ahli Takaful Co. announces its preliminary financial results NCCI announces its preliminary financial results MetLife Alico, Gulf Bank register strong first year performance in life insurance Sovereign Debt Pressure Spreads to Insurers’ Balance Sheets 46% of insurers, reinsurers get aggressive on investments: Survey Jordan and Lebanon Lead Growth In Levant Region’s Insurance Markets Property cat reinsurance rates rise after losses Takaful and Islamic Insurance Sector Growth to Reach $25 Billion by 2015 A.M. Best revises outlook to negative for Al Fajer Retakaful Insurance A.M. Best revises outlook to stable for Gulf Reinsurance Limited A.M. Best revises outlook to negative for Kuwait Reinsurance Company PartnerRe cites catastrophes, investment losses in first-half loss Saudi Arabia requests to establish an independent insurance authority Large insured losses expected from London riots Solvency II equivalence comment sought on Bermuda, Japan, Switzerland Gold Goes Off Charts as Gartman Sees Prices for Metal Heading ‘Parabolic’ When algorithms control the world Saudi economy likely to outperform emerging markets in 2011 77 Days left to vote Bu Tinah as one of the World’s Seven Wonders Bank of America may have to sell Merrill to survive London insurance companies wrote $20B in net premiums in 2010 Catastrophes hurt reinsurer profits, but capital adequate: Aon Benfield Large insurers form risk management group Munich Re develops software to address complex risks Reinsurers' capital strong, but economy a challenge: Guy Carpenter Qatar risks a foreign investment pile-up Lloyd's of London set for $2.4 billion loss: Mazars A.M. Best report: Reinsurance demand is strong as primary market expands in MENA region AXA Cooperative Insurance signs up with Wasilah Insurance Agency Toll of Arab Spring on Mideast economies grows Allianz, AXA among likely bidders for HSBC unit A.M. Best affirms ratings of Societe Centrale De Reassurance, and Oman Insurance Company A year to remember : Key risk events.. Aon, Zurich launch reputational risk insurance product Jordan Insurance Company signs accord with Specialised Leasing Company Economy, upcoming rules, pricing pressure insurers' results: Best Swiss Re regains AA- rating from S&P Takaful companies to boost UAE insurance market Dubai 2011: Tailor-made insurance brings benefits to MEBAA members UAE insurance sector value set to hit Dh22b Soaring debt maturities in Gulf pose refinancing risks ‘Arab Spring’ opens the door to Islamic Finance The results of 12 UAE insurance companies listed in Dubai Financial Market Lebanon central bank says holds no Syria state funds Aviva pairs up with UAE insurer for expat medical insurance "Inefficient" insurance sector with companies losing 50% of capital Corporate governance in the cooperative insurance companies: good application of takaful purposes In 2015, $11B to cooperative insurance A M Best downgrades rating of Generali Healthcare a risky sector: Expert GCC healthcare to be worth $44bn by 2015 2011 disaster losses second worst in history Solvency II deadline pushed back Euro woes could boost reinsurance prices OIC hires new senior management Underwriting sustains profitability in Kingdom’s insurance industry S&P lowers ratings on several European insurers IT risk biggest concern amongst organisations worldwide UK identifies 100 climate change risks Catastrophes cut Munich Re profit by 70% Thailand: Disaster insurance fund for 60 local insurers approved AM Best to open MENA office in Dubai IFC investing $124 million in MEDGULF Lebanon the safest regional environment for investments for the next 5 years Swiss Re 2011 profits up to USD2.6 billion Saudi Arabia well positioned for growth in 2012 Saudi enjoys rapid insurance growth 'Don't expect the GCC to unify regulations' Fitch threatens UK’s AAA rating with downgrade GCC companies saw 2011 profits up 26% at $52.3bn Fitch upgrades SCOR to A+ SCOR premiums increase 11% at April reinsurance renewals Tabarja highway reopens after failed demolition attempt at Safra carpet factory Gulf insurance not set for consolidation in the next 2 years HSBC launches “Mena bonds, Sukuk platform” for Qatar customers Saudi insurance industry one of fasting growing worldwide Standard & Poor’s: Gulf Insurance Company tops the insurance companies in the region Global reinsurers financially sound according to S&P European Union insurers’ solvency deteriorating Bank Audi sells stake in LIA to Saham Property/casualty industry grew 1.9% in 2011: Swiss Re AIG to resume use of its brand name Lebanon leads in MENA insurance penetration Group health plan costs could jump by double digits: Towers Watson GCC banks’ credit seen surging to $766b in 2012 Political risk insurance necessary in the midst of MENA instability Takaful untapped potential ‘immense’ Abu Dhabi GDP soars 29.9% to Dh800b in 2011 Uninsured patient’s battle overwhelming medical bills Qatar’s budget surplus triples to $12.2 billion Saudi stocks dip on earnings concerns Abu Dhabi inflation rises to 1.3% in H1 Saudi inflation eases to 4.9% in June