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Middle East and Africa

This region's insurance markets are expected to undergo rapid expansion

 

Yemen sanctions breaches void P&I cover: International Group

Stringent due diligence needed, insurers warn, after three vessels blacklisted

Yemen Specialty

Aon expands marine expertise with Atlas acquisition

Global broker acquires Israeli marine and cargo specialist Atlas Insurance Agency

Israel Broker

Africa a ‘significant opportunity’ for Lloyd’s: ASR's Boreham

Martin Boreham, active underwriter of Africa Specialty Risks’ syndicate 2454, discusses the Lloyd’s business’s first year of operation and its plans for the future

London Middle East and Africa

Specialty MGA bolsters Casablanca operation with two senior hires

Managing general agent hires El Bahtouri and Bouanani from Moroccan reinsurer SCR to drive Middle East and Africa growth

Middle East and Africa Morocco

Africa Specialty Risks names Oates head of reinsurance

Trevor Oates joins from Canopius where he spent the last 25 years, most recently as treaty underwriter

Reinsurance People moves

South African court clarifies legal privilege

South African Supreme Court of Appeal’s judgment in the Steinhoff case has important ramifications for the insurance industry and beyond

South Africa Legal focus

Red Sea war risk rates still firm despite ceasefire

Brokers expect instant rebound if Houthis resume attacks on shipping

Yemen Israel

Africa Specialty Risks approved for Morocco service company

Approval gives brokers in Morocco and north-west Africa direct access to Lloyd’s capacity

Middle East and Africa Morocco

FM launches renewable energy coverage for EMEA region

Global commercial insurer launched renewable energy operation last year

Europe Middle East and Africa

QBE launches political violence and terrorism line in Dubai

New line will be led by Ali Awad as political violence and terrorism senior underwriter

People moves Middle East and Africa

IDF launches $9.25m drought insurance policy for Syria

New policy supports the World Food Programme’s efforts in Syria to deliver up to $9.2m in aid when drought conditions trigger a payout

Syria Climate change

ASR appoints Coutu as head of innovation and sustainability

Africa-focused underwriting business hires Axa Climate’s Coutu to lead parametric offering

Middle East and Africa Specialty

MS Amlin launches credit and political risk product in Dubai

Lloyd’s carrier continues build-out of underwriting hub in Dubai as it looks to tap into regional growth opportunities

MS Amlin Middle East and Africa

Axa launches climate insurance for farmers in the DRC

The parametric product will protect up to 300,000 farmers from drought and rainfall

Middle East and Africa Congo (Democratic Republic)

West of England to expand war risk offering in wake of ceasefire in Gaza

Richard Turner anticipates slow resumption of Red Sea and Israel trade as networks and schedules are rearranged

Israel Yemen

ASR launches Lloyd’s service company in Mauritius

Move will allow ASR to underwrite business in Mauritius on behalf of syndicate 2454

Middle East and Africa Mauritius
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