Brokers News

03 I 09 I 2013

A look at some of the potential consequences of a US-led strike on Syria.

With the US’s status as a world power at issue for the president, Barack Obama, and secretary of state, John Kerry, the US is very likely to intervene, despite the decision by the British parliament against intervention and concerns from some Congressional...

06 I 05 I 2013
On 24 April 2013 the DIFC Court of First Instance issued an important judgement accepting jurisdiction over a dispute between a DIFC-based reinsurer and an Abu Dhabi based insurance company. The ruling is significant as it involves the first time that the DIFC...
28 I 03 I 2013
Buffett’s firm to pay $610m as Swiss Re “recaptures” certain treaties
 
Swiss Re has settled a dispute with Berkshire Hathaway over a life retrocession agreement which was concluded in 2010.
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25 I 03 I 2013

ACE Group Launches New Brand Identity

 The ACE group, whose operational companies include ACE Insurance and Reinsurance Brokers Ltd and ACE Consultants Ltd, announced today the launch of a revamped corporate identity, on the occasion of the company’s 60th anniversary, giving the...

18 I 03 I 2013

Consolidation is on the cards for the Saudi Arabian insurance market, according to a new report from Standard & Poor’s (S&P), which predicts economic developments in the country will feed through to insurance profits this year.

The rating...
01 I 03 I 2013
The Middle East is a very mixed picture from an insurance perspective at present but generally rates are very soft, especially in the area of property.
There are exceptions to this trend where rates are rising, for example with motor and medical...