All MENA articles
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NewsLSM reshapes underwriting leadership in UK and MENA with new divisional directors
Mike Burle (pictured) will lead a new specialty division and Meghan Walker has been named divisional director for marine and aviation, Liberty Specialty Markets has announced.
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NewsDWIC 2025: Africa’s insurance leaders call for local partnerships and patient capital
Panel discussion in Dubai highlights challenges and opportunities across a diverse continent.
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NewsDWIC 2025: GCC re/insurance growth to accelerate in decade of change and opportunity
A panel discussion on “Turning Economic Visions into Reality”, heralded the huge opportunities, and challenges, too, for the re/insurance industry, as ambitious economic projects, such as Saudi Arabia’s Vision 2030, continue to take shape.
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NewsMiddle East PV continues to soften amid new London market entrants – IGI’s Abulqasim
Zuhair Abulqasim, senior underwriter for political violence at IGI, based in the DIFC, will be joining the PV roundtable taking place during DWIC 2025.
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NewsDavies 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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NewsEl Bahtouri and Bouanani join Specialty MGA in Casablanca
Laila El Bahtouri and Mohamed Bader Bouanani join the Middle East and African focused MGA from Moroccan reinsurer SCR.
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NewsDWIC speaker preview: Crisis management lessons with WTW’s Thomson-Hall
At next month’s Dubai World Insurance Congress (DWIC) 2025 event in Dubai, speaker Pamela Thomson-Hall, CEO, international, WTW, will share insights on managing geopolitical risk crises.
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NewsMENA re/insurers’ ratings trending ‘positive’ despite regional challenges – AM Best
Despite country risk and the Middle East and North Africa region’s challenging regional geopolitical conditions, the rating agency says re/insurers’ creditworthiness is net positive.
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NewsHiscox, Howden, Swiss Re and Insurance Development Forum launch $9.25m Syrian drought partnership
Re/insurance firms working together on climate risk insurance project to protect vulnerable communities from the impacts of drought in Syria.
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NewsMS Amlin expands DIFC presence with MENA credit and political risk launch
Lloyd’s speciality insurer expands Dubai operations with hire of Osama Elshiekh from The Hartford.
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NewsASR launches first Africa focused Lloyd’s consortium
Baobab will work across political risk, trade credit, political violence & terrorism, property, energy, construction and liability lines.
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NewsSaudi Re highlights impact of local market reinsurance premium cession
The Saudi regulator’s regime for local market reinsurance premium cession takes effect from 1 January 2025, affecting at least 30% of all reinsurance treaties and facultative risks, Saudi Re noted in remarks published on the country’s stock exchange website.
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NewsSaudi Re appoints Ahmed Al-Jabr as new CEO
The reinsurer’s new CEO was previously leading Saudi Re in an acting capacity; in the first half of 2024 Saudi Re grew its book by 19% to SAR 1.4bn gross premium.
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NewsPositive pricing dynamics benefit MENA and SSA reinsurers – AM Best
Two reports from rating agency AM Best give an upbeat summary of the market environment for reinsurers in the regions of Middle East and North Africa (MENA), and Sub-Saharan Africa (SSA).
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NewsGIG appoints new board led by Fairfax’s Khosrowshahi as chairman
Fairfax Financial is majority shareholder of Kuwait-based Middle East insurer Gulf Insurance Group.
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NewsHannover ReTakaful: ‘We are fully committed to the MENA region’
Olaf Brock, managing director and CEO of Hannover Re’s Bahrain branch and Hannover ReTakaful, provided GR with a pre-DWIC Q&A.
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NewsThe new PV reinsurance market hub in Dubai
There are at least ten active carriers or MGAs of political violence re/insurance operating from the Dubai International Financial Centre, one senior Dubai-based underwriter says.
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NewsCanopius appoints CEO for APAC and MENA
Specialty re/insurer Canopius has announced the appointment of Soon Keen Lee as CEO of Asia-Pacific and Middle East & North Africa, subject to regulatory approval.
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NewsSaudi the ‘main driver’ for Dubai business – IGI’s Labat
IGI’s Dubai hub prioritises facultative business, because treaty reinsurance competition is fierce in the Middle East and sees a construction boom in Saudi Arabia as its biggest pipeline for growth.
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NewsMiddle East retention levels rising – Chedid Re’s Abi Rached
Local insurers have “more skin in the game” due to the hard market for reinsurance.
