Hardy and Arig Elect Board of New Joint Venture Company

Manama: The newly established company, Hardy Arig Insurance Management Ltd (HAIM) held its first board meeting on 19 November 2009 and appointed long-serving insurance professional John Burton as Chairman.

The Board also took the opportunity to introduce itself formally to Mr. Abdul Rahman Al Baker, Executive Director of Financial Institutions Supervision, Central Bank of Bahrain.

HAIM’s primary focus will be on writing large scale construction and onshore energy reinsurance business from the Middle East and Afro-Asian markets.

About HAIM:

HAIM is a joint venture company domiciled in Bahrain and owned equally by Hardy Underwriting Bermuda Limited and the Arab Insurance Group, Bahrain. It is authorized to accept reinsurance business as a coverholder of Hardy Syndicate 382 at Lloyd’s and Arig. For further information please contact Lana Zainal +973 17 544286 or Tim Griffin +44 20 7105 3315.