UAE insurers show strength amid storms and structural shifts – AM Best
Insurers in the UAE show signs of resilience following last year’s record rainfall, according to a new report from rating agency AM Best.
Latest updates
Rüede appointed CEO to lead SCOR L&H
Joining from rival reinsurer Swiss Re, Philipp Rüede also becomes a member of SCOR’s executive committee.
Helvetia Baloise merger to create Switzerland’s second largest insurer
Merger of equals will have a business volume of CHF 20bn and a market share of around 20% in Switzerland.
Ortega Lamaignère joins Nexus trade credit in Spain to lead broker partnerships
Ana Ortega Lamaignère was previously sales manager for Coface Global Solutions in Spain.
Aon reports record $38bn in Q1 insured catastrophe losses
Wildfires in California alone contributed about $38bn of insured losses, or 71% of the total, according to the re/insurance broker.
Rokstone appoints Hussey to lead DIFC office
Giles Hussey joins the international specialty re/insurance MGA in Dubai from his previous role at reinsurance broker Guy Carpenter.
Davies opens Qatar office to grow Middle East footprint
Ricky Maloney, who serves as Qatar country executive and head of the GCC region, will lead the office.
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