Sunday 14 February 2016
 
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AM Best

BKIC boost as ratings affirmed

Ratings agency AM Best International has affirmed the financial strength rating A- and the issuer credit rating of “a-” of Bahrain Kuwait Insurance Company (BKIC), with stable outlook for both ratings. In a statement, AM Best said

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Trust Re to get boost from ratings upgrade

An A- rating from AM Best and Standard & Poor’s has enabled Trust Re to get business that would have been unavailable otherwise, according to the Bahrain-based reinsurance firm’s risk committee chairman Derek Atkins.

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Challenges for Abu Dhabi as a new insurance hub

The Middle Eastern insurance market is already well served by three hubs, and A.M. Best, a provider of news, credit ratings and financial data products and services for the insurance industry, expects the establishment of another in the UAE woul

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Bahrain insurance market ‘set to grow’

Bahrain has maintained its position as a key insurance hub and continues to post growth in its insurance market despite a prolonged period of political turbulence, said a new report. Prior to the social unrest, Bahrain’s ins

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AM Best opens new office in Dubai

Leading international ratings agency, AM Best Company, has opened a new office at the Dubai International Finance Centre (DIFC). The new office, located in Tower two, Currency House, DIFC, will operate as AM Best Mena, South & Central

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AM Best to open office in DIFC

AM Best, a leading insurance and credit ratings firm, has obtained approvals to establish an office within the Dubai International Financial Centre (DIFC) in Dubai. The new office will operate as AM Best Mena, South & Central Asia, ser

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AM Best to open office in Dubai

AM Best, one of the oldest and most authoritative insurance rating and information source, said it has won approval from Dubai International Financial Centre to open its office in the emirate. The new office will operate as AM Best Mena, S

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Rating boost for Bahrain insurance firm

Bahrain Kuwait Insurance Company (BKIC), a leading national insurance company with operations in both Bahrain and Kuwait, has been assigned a financial strength rating of A- by rating agency AM Best. AM Best said the rating reflects BKIC's

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GCC insurance market 'set to grow'

The insurance market in the Gulf Cooperation Council (GCC) has demonstrated a degree of resilience and is well placed to  grow, a new report said. Although the region has seen a slowdown reflecting in part reduced infrastructure spend

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Orient wins A rating by AM Best

Orient, Al-Futtaim’s market leading insurance company, has been assigned a financial strength rating of “A” (Excellent) and an issuer credit rating of “a” by A.M. Best Company. The outlook for both ratings is stable. The ratings reflect Or

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