24/11/2014 06:31 AST

Bahrain-based reinsurance firm Arig has announced it won the 'reinsurer of the year' award at the inaugural Middle East Insurance Industry Awards held in Dubai.

The awards programme was organised by the Middle East Insurance Review industry magazine.

A statement said winners were determined by a panel of international judges and personalities through an audited selection process.

In the judges' vote, Arig was lauded for its 'unsurpassed market knowledge, strong underwriting discipline, product innovation and quality services', and for being 'a regional company with a global footprint'.


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