Daily Archives: June 1, 2018

Chubb Arabia Cooperative Insurance Company s’est vu attribuer la notation A3 de solidité financière des compagnies d’assurance par l’agence Moody’s

AL KHOBAR, Arabie saoudite, 1er juin 2018 /PRNewswire/ — L’agence Moody’s Investors Service a annoncé qu’elle a attribué une notation A3 de solidité financière des compagnies d’assurance (IFSR selon l’anglais) à Chubb Arabia Cooperative Insurance Company.

Chubb (PRNewsFoto/Chubb)

Basée à Al Khobar, en Arabie saoudite, Chubb Arabia est une grande compagnie d’assurance multi-lignes pour les biens commerciaux et multirisques, qui propose également de l’assurance accidents aux particuliers et des contrats d’assurance vie collectifs à un groupe diversifié de clients.

Abdul Aziz Al Khereiji, directeur général de Chubb Arabia Cooperative Insurance Company, a déclaré :

« Je suis ravi et très honoré de voir que Moody’s a attribué une notation A3 de solidité financière des compagnies d’assurance à Chubb Arabia. Cela représente un jalon important pour notre compagnie et reflète le travail acharné de notre équipe tandis que nous poursuivons le développement de nos activités dans le Royaume. »

Avis aux rédacteurs en chef

Vous trouverez des précisions sur l’annonce de Moody’s en cliquant sur ce lien.

À propos de Chubb

Chubb est la compagnie d’assurance IARD cotée en bourse la plus importante au monde. Présente dans 54 pays et régions du globe, Chubb offre des assurances IARD aux particuliers et aux entreprises, des assurances accidents et des assurances maladie complémentaires aux particuliers, de la réassurance et des assurances vie à un éventail de clients très diversifié. En qualité de compagnie de souscription, nous évaluons, couvrons et gérons les risques avec perspicacité et discipline. Nous indemnisons les sinistres de manière juste et rapide. La compagnie se caractérise aussi par l’étendue de son offre de produits et de ses prestations de services, l’ampleur de son réseau de distribution, son exceptionnelle solidité financière et l’excellence de ses activités dans le monde entier. La société mère Chubb Limited est cotée à la bourse de New York (NYSE : CB) et est intégrée à l’indice S&P 500. Chubb dispose de bureaux de direction à Zurich, New York, Londres et dans d’autres villes et emploie environ 31 000 personnes à l’échelle planétaire.

Chubb Arabia Cooperative Insurance Company est une filiale partiellement détenue par le groupe Chubb.

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Chubb Arabia Cooperative Insurance Company assigned A3 insurance financial strength rating by Moody’s

AL KHOBAR, Saudi Arabia, June 1, 2018 /PRNewswire/ — Moody’s Investors Service has announced that it has assigned an A3 insurance financial strength rating (IFSR) to Chubb Arabia Cooperative Insurance Company.

Chubb (PRNewsFoto/Chubb)

Based in Al Khobar, Saudi Arabia, Chubb Arabia is a large capacity multiline commercial property and casualty insurer which also provides personal accident and group life insurance to a diverse group of clients.

Abdul Aziz Al Khereiji, Managing Director, Chubb Arabia Cooperative Insurance Company, said:

“I am delighted and very proud that Moody’s has assigned an A3 insurance financial strength rating to Chubb Arabia. This is a significant achievement for the company and is reflective of the hard work by our team as we further develop our business in the Kingdom.”

Note for Editors

Details of the Moody’s announcement can be found here

Ab out Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide.

Chubb Arabia Cooperative Insurance Company is a partially-owned affiliate of Chubb Group.

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UN Chief Seeks More Support for Mali Peacekeeping Force

United Nations Secretary-General Antonio Guterres marked the 70th birthday of the world body’s peacekeeping operations this week by paying a visit to Mali. The West African nation hosts a U.N. mission known as MINUSMA. Guterres reinforced his commitment to the mission, which is the deadliest ongoing mission for U.N. peacekeeping forces, but also asked for more support to keep it strong.

The United Nations family in Mali came out in force this week to mark what it called Blue Helmet Day: a day to honor the service men and women who put themselves in harm’s way, for peace.

Guterres was on hand to take part in the ceremonies. The U.N. mission in Mali has cost the lives of almost 100 military personnel and 172 people in all. It’s the highest death toll of any ongoing U.N. peacekeeping mission in the world.

There are 13,500 peacekeepers in Mali and that’s not all. The French have their Operation Barkhane and the European Union trains Malian army personnel. And there’s another peace mission on the horizon: G5, a force with soldiers from Mali, Niger, Burkina Faso, Chad and Mauritania.

Guterres went to see the G5 headquarters in Central Mali, on Wednesday.

Speaking at the end of his visit, the U.N. Secretary-General asked for more and predictable international financial support for the G5. The G5, he told reporters, is tasked with fighting terrorist movements and organized crime in the Sahel region and help protect the civilian population. But its financial situation is insecure.

Mali’s own soldiers are taking part in the fight against regional instability but are in great need of better equipment and better pay. Until they receive those things, Mali will depend heavily on foreign forces to protect its borders and its people.

Guterres announced that those foreign forces, and especially the U.N.’s mission to Mali, are working on measures to increase their own protection.

The spectacular attack last April that severely damaged Timbuktu Airport, where MINUSMA has a base, was a stark reminder of how vulnerable these troops can be.

“The U.N. will install closed circuit surveillance systems at the main base in Bamako, advanced warning systems and radar at some camps in the North, it will use sniffer dogs to find explosives, do extensive situational awareness training and conduct more operations designed to secure terrain,’ Guterres said.

Will this be enough? A lot depends on the amount of international support that will be available for Mali, MINUSMA and the regional G5 Sahel Force.

Currently, there are serious shortfalls and this poses future problems. As Guterres put it: a failed Mali is a danger not only for its neighbors, but for a region stretching from the Sahel, across the Mediterranean and deep into Europe.

He said that containing the terrorist problem is better than dealing with its effects.

Source: Voice of America