ACE holding News

01 I 03 I 2013
Plans were recently announced to construct the world’s biggest Ferris wheel in Dubai, where the world’s tallest hotel has just opened. Looking towards the Qatar World Cup in 2022, it is estimated 80,000 additional hotel rooms are required. All this...
27 I 02 I 2013

The Saudi government is keen to enhance the stability of the insurance industry as an integral component of financial services and in line with the G20's Financial Stability Board's directives, said Dr Fahad Al Mubarak, Governor of the Saudi Arabian Monetary Agency...

27 I 02 I 2013

The Saudi government is keen to enhance the stability of the insurance industry as an integral component of financial services and in line with the G20's Financial Stability Board's directives, said Dr Fahad Al Mubarak, Governor of the Saudi Arabian Monetary Agency...

14 I 02 I 2013
The majority of insurance CEOs think their businesses are going to grow over the next few years according to PWC 16th annual global CEO survey.
Although only 15% think the economy will improve over the next 12 months and many are predicting a...
28 I 01 I 2013
Manama, Bahrain - The Central Bank of Bahrain welcomed the revised outlook of the Kingdom by Standard & Poor's from negative to stable. Bahrain’s credit rating remained at ('BBB/A-2').

In revising its outlook, credit rating agency Standard...

According to first provisional figures, the Saudi insurance market has chalked up a turnover of SAR25 billion (US$6.7 billion) last year, 18.2 percent higher than in 2012.

Tawuniya continued to lead the market with SAR5.6 billion of gross written premiums,...