Kuwait: Kuwait Reinsurance Company “Kuwait Re” participated in the 32nd General Conference of the General Arab Insurance Federation “GAIF”, which took place in Tunisia from 24th to 27th June 2018.
The Conference was organized under the theme “Digital Transformation and the Insurance Industry in the Arab World” which emphasized the world development that witnessed using Digital Technology and its challenges on Insurance Industry.
GAIF was a great occasion for Kuwait Re and all participants to discuss and review current and future opportunities and risks imposed; it also presented a chance to study how to manage those risks, and take the advantage of it, in order to develop the Arab Insurance Industry and Arab markets integration.
Kuwait Re also sponsored the GAIF daily newsletter that published the event highlights, and presented Kuwait Re new corporate identity and values.
About Kuwait Reinsurance Company
Kuwait Re is a leading provider of reinsurance solutions, serving insurance companies worldwide to the highest standards by providing reliable, risk transfer solutions over a variety of industries. Operating within an environment of fairness, transparency and reliability, the company works alongside its clients to ensure that risk is not only controlled, but also used as an integral tool to guarantee growth and expansion. With offices in both Kuwait and Malaysia, Kuwait Re aims to become a reinsurer of preference.
Financial Strength Ratings:
- Kuwait Re has earned a financial strength rating of A- (Excellent) with a stable outlook by A.M. Best.
- Kuwait Re’s parent company, Al Ahleia Insurance Company, maintains its A- rating from Standard & Poors.
- The State of Kuwait has an AA sovereign rating from Standard & Poor’s, reflecting the country’s financial position and political stability.
© Press Release 2018