Company Profile: Arab Insurance Group

The Bahrain-based Arab Insurance Group ( Arig) was founded by the governments of Kuwait, the UAE and Libya. Their objective was to build an Arab reinsurer with sufficient strength both to staunch the outflow of Arab reinsurance premiums and to compete on the world stage in its own right. In its efforts to achieve those goals, Arig has needed to overcome cedants’ historical concerns about the security of Arab-world reinsurers.