Fact sheets

Set up in Beirut (Lebanon) in 1980, Medgulf was initially a subsidiary of the conglomerate Saudi Oger detained by the Hariri family.

It was the late Moulay Ali Kettani who set up in 1972 the Société Nouvelle d’Assurances (SNA) using the portfolios acquired from local representations of the two British companies: Saint Paul Fire and Norwich Union.

Set up in Sharjah tens of kilometers from Dubai, in 1978, under the name of Al Buhaira National Insurance Company, ABNIC stands, along with Oman Insurance, Al Ain al Ahlia and ADNIC, among the very first companies established in the United Arab Emirates.

Established in 1962, Gulf Insurance Group is part and parcel of the insurance history in Kuwait. With its sister companies, Kuwait Insurance, set up in 1960 and Al Ahlia which saw the light of day in 1962, Gulf Insurance has for a long time been part of the hard core of one of the most ancient markets of the Gulf.

Atlas Magazine is offering its readers a detailed on NSIA Group and its insurance subsidiaries. The latter are gathered in a document including information sheet for each non life insurance subsidiary.

In 1969, during the holding of the fifth general assembly of the General Arab Insurance Federation (GAIF) the idea of establishing a pan Arab reinsurance started to sprout. On March 11, 1972, Arab Re saw the light of day choosing Beirut to be its headquarters.