Trust Yemen Insurance & Reinsurance Co., a Yemeni shareholding company and a member of Trust International Group of Insurance Companies, has established a strong foothold in Yemen emerging and high potential market, capturing nowadays substantial market share. Its reputation is based on its:
•Ability to provide a cost-effective covers in respect of all classes of insurance.
•Prompt and efficient handling of claims.
•Qualified Management & Personnel.
•Personalized high level of service to its clients.
•International Reinsurance backing. The introduction of Trust Yemen was not merely to provide another conventional competitor in the market, but to assist with the development of the local industry through the provision of unique insurance service and technical support to untapped and unexploited areas of demand. Trust Yemen is handling many major oil exploration and production companies’ packages in Yemen. Though its connectivity with its Group’s network of Companies. Trust Yemen has been able to offer undifferentiated insurance coverage and risk management services to many of the leading Oil & Gas Corporations in Yemen. Besides, Trust Yemen attracted other major clients conducting different kinds of business e.g. Hotels, Banks, Contracting & Trading companies and Oil related services Companies, etc. Trust Yemen’s team is technically trained and fully equipped to handle both the Company’s local and international clients’ accounts. Trust Yemen Insurance & Reinsurance Co. is committed to the local insurance industry though the provision of the highest degree of the technical coverage and financial security to all its clients. The primary strength of Trust Yemen lies in its affiliation with Trust Re rated A- (A.M. Best), is a company incorporated in the Kingdom of Bahrain with an authorized Capital of US$100 million. Trust Re is licensed to transact all types of reinsurance businesses. From its head office in Bahrain it carries out all the reinsurance activities of its subsidiaries/affiliates in Algeria, Lebanon, Palestine, Qatar, Oman, Libya, Syria, Yemen, Malaysia, Cyprus, UK and USA., offering considerable capacity and coverage in all non-life classes of business, especially energy, marine, construction, property and liability to enable them to operate to the highest standards, and to provide their clients with the ultimate in service and support. Trust Re's extensive underwriting capacity is supported by a selected group of major international reinsurance companies.
