Arig, one of the largest Arab-owned, professional reinsurance providers in the region, suffered a loss of $7.4 million in the third quarter compared to a profit of $14.3 million for the same period last year.
Nominal investment returns and
Ernst & Young, a leader in assurance, tax, transaction and advisory services, recently participated as a gold sponsor in a major regional insurance conference.
The 28th General Arab Insurance Conference was hosted in Jordan and was org
Arab Insurance Group (Arig) announced a net profit of $18.6 million for the half year 2007.
Profits grew by 115 per cent compared to half year 2006 profits of $8.6 million. Strong underwriting and investment performance contributed to thi