Industry Re-Insurance Website arig.net Type of business Principal | Founded 1980 | |
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Key people Yassir Albaharna — CEO;Khalid Ali Al Bustani — Chairman Products Insurance & Re-Insurance | ||
Arig (Arab Re-Insurance Group) was founded in 1980, Established by the governments of Kuwait, Libya and the United Arab Emirates, is the largest Arab owned re-insurer. Arig is listed on the stock exchanges in Bahrain, Dubai and Kuwait and held by nearly 5000 individual share holders. Arig comprises a team of international professionals to which Bahrainis contribute the largest share at 56%. Arig is under the leadership of Yassir Albaharna who is a Bahraini national And joined the Company in May 1987 and held various underwriting and managerial positions. Today Arig offers a broad range of treaty and facultative reinsurance services for Property & Casualty, Specialty as well as Life and Medical lines to its clients from the region and beyond.
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Arig Market
Arig meet the demands of insurers in Africa, the Middle East and in the (East) Asian markets. In addition to its prominent role played in the MENA region, the Company has been receiving growing support from East Asian clients and those in the revitalizing economies in the Sub-Sahara territory.