June 2, 2022

Natural Disasters Cost Global Economy $32B in Q1

Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon Wednesday, 04 20 2022, Category: Nature, Country: World  Preliminary economic losses from natural hazards during the first quarter of 2022 totaled $32 billion, of which less than 50% (or $14 billion), was covered by public and private insurers, according to a report…

Read more

POSTED BY

Bilal Jarjour

June 2, 2022

SCOR Warns of Ukraine Conflict Impact on Q1 2022 Results

SCOR Warns of Ukraine Conflict Impact on Q1 2022 Results Wednesday, 04 20 2022, Category: Insurance and Reinsurance, Country: France  Paris-based reinsurer SCOR said the company expects a first-quarter 2022 charge in the high double-digit million euros range for potential claims related to the Russia-Ukraine conflict across both treaty reinsurance and specialty insurance. Source: Insurance Journal

Read more

POSTED BY

Bilal Jarjour

January 2, 2022

Arab Re was capable of facing rapid developments

Arab Re was capable of facing rapid developments  According to Mr Hussein Mallouk, General Manager, Arab Reinsurance Company was capable of facing rapid developments, thanks to the policy of its Board of Directors and the wisdom of its Chairman. To read more, please click on the below reference.Al Bayan Article

Read more

POSTED BY

Bilal Jarjour

January 2, 2022

Strategic vision for a sustainable sector

Sheikh Khaldoun Barakat: “Strategic vision for a sustainable sector”  The Chairman of the Board of Directors of the Arab Reinsurance Company (Arab Re), Sheikh Khaldoun Barakat made a detailed review of the situation of the Arab and international reinsurance markets. He indicated that Arab insurance companies cede premiums directly to international reinsurers at high and…

Read more

POSTED BY

Bilal Jarjour