European Warning Against  Yemeni Insurance Companies [Archives:1999/48/Local News]

November 29 1999

The British Chamber of Commerce has recently warned European insurance Companies against any kind of dealings with Yemeni insurance companies. Moreover, it has called Yemeni importers to insure their goods against loss in European insurance companies without mentioning the reasons. However, an official source from the Yemeni Chamber of Commerce has pointed out that one of the reasons could have been the explosion of City Center Supermarket and the burning of Rothmans Tobacco Factory in Yemen. The same source added that leaked information from some European insurance companies talked about the possibility of some Yemeni insurance companies’ involvement in the two events.