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Ace gets Saudi insurance licence

13 January 2010

Ace Arabia Cooperative Insurance has received a licence to conduct insurance business in the Kingdom of Saudi Arabia.

Read more: ace saudi

Ace Arabia Cooperative Insurance has received a licence to conduct insurance business in the Kingdom...
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Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
44%
$4bn-$5bn
22%
$5bn-$6bn
11%
$6bn-$7bn
22%
More than $7bn
0%

Quote

Japan was a wake-up call [about contingent business interruption]. It is a ticking bomb and one day there will be a very huge loss.

Victor Peignet, Scor’s head of global property/casualty reinsurance


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