Talbot and ADNIC cease UAE JV but remain committed to MENA
Talbot Underwriting, a wholly owned subsidiary of Validus Holdings, and Abu Dhabi National Insurance Company are to cease their joint venture business, Underwriting Risk Services (Middle East), which was established in the Dubai International Financial Center in 2009.
Both parties understand that the strategy behind the formation of URSME has been overtaken by ADNIC's success in building its business for its own account throughout the United Arab Emirates and other
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