Yemen: Insurance companies exclude war risks in marine insurance policies

Published on November 21, 2023
Several insurers are excluding war risk in marine insurance policies involving Yemen, after the Houthis who control parts of the country announced on 31 October that they would join the ongoing
Continue reading on website
Other news

Bahrain: Central bank releases ESG reporting rules

November 21, 2023
The Central Bank of Bahrain (CBB) has released Environmental, Social, and Governance (ESG) reporting requirements in line with its commitment to transparency, strong corporate governance, and the

AM Best affirms China Re’s credit ratings

November 21, 2023
China Reinsurance Group Corporation (China Re) and its subsidiaries have had their Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) affirmed by AM Best, with a stable outlook   assigned.According to the ratings agency, this affirmation has been driven by the balance sheet strength of China Re, which has been assessed as very