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The Lloyd's has no intention of settling in Saudi Arabia

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Magazine Issue: 
Risk Management [3]
Magazine date: 
Feb 2004

Lloyd is following with great interest insurance developments in Saudi Arabia and in the region, but does not intend to get established there, according to a statement by International development strategy executive, Mr. James Sutherland, attending the Middle East Insurance Forum.
According to his statistics, Lloyd covers 25% of terrorist risks, 40% of off-shore energy risks, 29% of aviation risks and 12% of Middle East transport market.
The only agent accredited by Lloyd in the Middle East, Crescent Global Services, is based in Bahrain.

Sat, 25/05/2013 - 10:31

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