Arig

Arab Insurance Group B.S.C..
Principal
Industry Re-Insurance
Founded 1980
Headquarters Bahrain
Area served
 MENA, Middle east & Far east
Key people

Yassir Albaharna — CEO;

Khalid Ali Al Bustani — Chairman
Products Insurance & Re-Insurance
Website arig.net

Arig (Arab Re-Insurance Group) was founded in 1980,[1] Established by the governments of Kuwait, Libya and the United Arab Emirates, is the largest Arab owned re-insurer. Arig is listed on the stock exchanges[2] in Bahrain, Dubai and Kuwait[3] and held by nearly 5000 individual share holders. Arig comprises a team of international professionals to which Bahrainis contribute the largest share at 56%. Arig is under the leadership of Yassir Albaharna who is a Bahraini national And joined the Company in May 1987 and held various underwriting and managerial positions. Today Arig offers a broad range of treaty and facultative reinsurance services for Property & Casualty, Specialty as well as Life and Medical lines to its clients from the region and beyond.

Arig House (Manama)

Arig Market

Arig meet the demands of insurers in Africa, the Middle East and in the (East) Asian markets. In addition to its prominent role played in the MENA region, the Company has been receiving growing support from East Asian clients and those in the revitalizing economies in the Sub-Sahara territory.

Joint Venture

  • Hardy Arig Insurance Management (HAIM).

Group Subsidiaries

Arig Offices

  • Arab Insurance Group (Head Office)
  • Singapore Branch
  • Labuan Branch

Board of directors

  • Mr Khalid Ali Al Bustani (Chairman)
  • Mr Khalid Jassim Bin Kalban (Vice Chairman and Chairman of the Executive Committee)
  • Dr. Fouad Abdul Samad Al Falah (Director] and Chairman of the Audit [Committee)
  • Mr. Hamed Saleh Al Saif (Director and Member of the Executive Committee )
  • Mr. Mohamed Khalifa Al Fahad Al Mehairi (Director and Member of the Audit Committee)
  • Mr. Sultan Ahmed Al Ghaith (Director and Member of the Executive Committee)
  • Mr Abdul Aziz Abdullah Al Zaabi (Director and Member of the Executive Committee)
  • Mr. Majed Ali Omran Al Shamsi (Director and Member of the Audit Committee)
  • Mr. Fathi M.A. El Hagi (Director)

General Management

References

  1. ↑ http://www.arig.net/au_csr.asp
  2. ↑ http://www.gulfbase.com/site/interface/CompanyProfileSummary.aspx?c=166 GulfBase
  3. ↑ https://www.reuters.com/finance/stocks/overview?symbol=ARIG.KW/ https://www.reuters.com/finance/stocks/overview?symbol=ARIG.KW
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.