Friday 29 March 2024
 
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Arab insurance

Arig posts Q3 loss as global woes bite

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

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Ernst & Young backs insurance forum

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

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Arig profit up 115pc to $18.6m

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

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