The new entity, Howden Re KSA, will be led by Motaz Bukhari as CEO and will offer treaty and facultative placements
AM Best has upgraded the long-term issuer credit rating to “a+” (Excellent) from “a” (Excellent)
While the global captive insurance industry has experienced steady growth over the past decade, the use of captive (re)insurers in the GCC countries has been limited to date