Whilst the negative perceptions of operating risks in the Middle East have reduced sharply in the 12 months prior to the survey, according to ACE, the region faces specific challenges from the global recession that …Read full article » Bahrain: Tuesday, June 09 - 2009 @ 10:34
In view of this positive development, AACIC is pleased to announce that it commenced underwriting operations on 1st February 2009.
Sheikh Abdul Karim El Khereiji, Chairman of the Company, commented, “We are extremely pleased to be …Read full article » Saudi Arabia: Wednesday, February 03 - 2010 @ 09:40
ACE has been granted a DFSA Category IV license enabling the company to offer reinsurance products to the market, including a full range of property, casualty and accident and health coverages. The new company is …Read full article » Bahrain: Sunday, December 19 - 2010 @ 10:27
“At ACE we work in earnest and strive towards excellence.” Said Nagib Bahous, ACE Holding President and CEO, “the insurance industry has changed dramatically both globally and in Saudi. I am proud to say, …Read full article » Saudi Arabia: Tuesday, March 26 - 2013 @ 11:44
Syed Umer Ali Shah, Managing Director of ACE Arabia said: “We are delighted to have been granted this license which marks the final stage in the establishment of ACE Arabia as a locally-domiciled company in …Read full article » United Arab Emirates: Wednesday, January 13 - 2010 @ 11:07
The IPO will take place on 18th April 2009 and will run until the 27th April 2009.
ACE Arabia will list with capital of SR100m ($26.6m) and four million shares will be offered to the …Read full article » Bahrain: Wednesday, March 18 - 2009 @ 14:49
Vijay Raghaven has been promoted to CEO of ACE’s joint venture operation in Saudi Arabia, ACE Arabia Cooperative Insurance Company. With over 30 years of underwriting and insurance industry experience, Vijay joined ACE in 1994 …Read full article » Saudi Arabia: Thursday, June 28 - 2012 @ 12:33