VOL. XLIII

No. 12

20-March-2000

INSURANCE

Arig Announces New CEO... And A Fall In Profits

The Middle East insurance leader Arab Insurance Group (ARIG) announced on 10 March that it had appointed Udo Krueger as its new Chief Executive and Chairman of the group. A company statement said that Mr Krueger, a 48-year old German national currently working with Allianz Group, is expected to take up the position on 1 June this year. According to the statement, Mr Krueger has extensive knowledge of the...