Libano-Suisse Insurance Company has paid QR6.45mn as settlement of one of their largest claims under the Contractor’s All Risks Insurance policy, according to a company spokesman. “The cause of loss was fire. The incident occurred on December 15, 2010 in the warehouse of Alfiniqia Contracting & Trading Company in Rayyan.” Picture shows Michel Ayoob, administration manager of Alfiniqia receiving the cheque from Yousuf H Kassim, manager, Libano-Suisse, Doha.