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Kuwait: Gulf Insurance Group upgraded To 'A+' on group uplift

S&P Global Ratings (S&P) has raised its long-term issuer credit and insurer financial strength ratings on Gulf Insurance Group (GIG) and Gulf Insurance and Reinsurance Co to 'A+' from 'A'. The outlook on all ratings is 'Stable'.


COPE becomes approved Lloyd's coverholder, expanding global reach

Cyprus-headquartered reinsurance brokerage COPE has been approved as a Lloyd's coverholder, the company has announced.

Bahrain: Insurers' investments in digital capabilities pay off

Heavy investments in insurer digital capabilities are now paying off in Bahrain, GIG Gulf general manager Bahrain Ahmed Marhamat Jahromi said to Middle East Insurance Review.

Saudi Arabia: Howden enters kingdom to drive strategic growth opportunities

Howden, a global insurance intermediary group, yesterday announced that it had received regulatory approval...

Africa Specialty Risks appoints new CUO

Africa Specialty Risks has appointed Mr Eric Malterre as CUO. In this newly created role, he will be...

Other News

Africa

  • Algeria: Insurance market premiums grow by 14% in 1Q2025

Asia

  • China: Plans afoot to revise medical insurance law
  • Asia: GenZ least financially secure as inflation forces a shift to short-term thinking
  • India: More than three fourth unsure if their insurance policy offers adequate coverage

China

  • Regulators move to curb excessive dividend promises in life insurance sector
  • NFRA: China reinsurance market underdeveloped relative to primary insurance
  • Hong Kong stays top offshore market for Chinese insurers in 2025
Subscribe eChina

Asia Risk

  • Climate change could become the main driver of biodiversity decline
  • Climate change: Getting harder to find meteorites in Antarctica
  • Almost 85% of supply chains can't respond to disruptions in 24 hours

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    Kuwait Insurance Co maintains strong operating performance in 2024
  • 5
    UAE:Questions raised over auto insurance pricing

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