Both sides will be looking to come off the bottom of the IPL table and earn some valuable points
This is part of the company's overall expansion program to develop into an internationally operating unit.
PWS International Ltd, Bahrain, is the Middle East operating arm of PWS Group, which is headquartered in London. It is one of the world's leading specialist insurance and reinsurance brokers. The group has a global network of clients in over 50 countries.
The acquisition of PWS International, Bahrain, is the first step Insure Direct has taken to expand globally.
Kenneth George Maw, Chief Executive Officer, Insure Direct, said:
"The acquisition of the Bahrain business will help strengthen our position in the Middle East and give us the opportunity to deliver services in insurance and reinsurance sectors in the Northern Gulf, Saudi Arabia, Jordan, Iraq, Syria and Lebanon."
"The company is pursuing major expansion plans in Europe, the US and Asia. We see huge growth potential for the insurance sector globally and in line with the Dubai World vision of global growth with local perspective, Insure Direct is keen to be part of the picture," Maw added.
Insure Direct, the Dubai based broker, became part of Istithmar World, the alternative investment arm of Dubai World, in 2006. The buy-out marked a strategic move by Istithmar World to invest in the insurance sector, which is growing fast and showing immense market potential. The company is focusing on developing its' core brokerage activity by building on group synergies and is, in addition, looking in the near future to further broaden its' product range to incorporate Risk Management Support.
Both sides will be looking to come off the bottom of the IPL table and earn some valuable points
Paul Griffiths assured travellers that all partners were working towards the "welfare of guests and returning operations"
He acknowledged the 'unacceptable' wait times for passengers and outlined the airline's efforts to restore ops, which he called 'far from perfect'
Royal Challengers have lost their last five matches while the Knight Riders will aim to bounce back after a home loss to RR
Thailand's Atthaya Thitikul and South Korea's Im Jinhee share the second round lead at the LPGA's first women's major of the season
Hamilton says he had forgotten what it's like to lead after finishing second ahead of Perez
The defence ministry said it intercepted 50 Ukrainian drones overnight
Media reports had suggested the trip would begin as soon as Sunday and last two days