Middle East and Africa
This region's insurance markets are expected to undergo rapid expansion
Aon reports record M&A insurance claims in North America
Claims payments surpass $300m on North American representation and warranty policies
Africa Specialty Risks names Malterre CUO
Former Sedgwick executive Eric Malterre will lead the development of Africa Specialty Risks' underwriting strategy
Gulf war risk premiums double but softening is now expected
Hectic two days as underwriters attempt to second guess twists of Middle East hostilities
Middle East war threatens marine, aviation and cyber lines: Morningstar DBRS
Accumulation of risk exposures across war, cyber, travel, and political risk lines could place ‘meaningful capital pressure’ on many insurers, rating agency warns
Listed areas unchanged despite Israel-Iran fighting, JWC rules
Situation concerning with outcome unclear, Joint War Committee says, as war rates for Israel port calls surge
Marine war risk rates stable despite Israel-Iran fighting
Exception is big jump in rates for Israel port calls, but situation could change rapidly, insurers warn
Africa Specialty Risks inks energy data partnership
Africa-focused group's collaboration with insurtech APP aims to strengthen energy underwriting capabilities and improve risk management processes
Africa Specialty Risks launches automated underwriting portal
Quote-and-bind platform will initially offer energy and D&O product lines
South Africa moves to mandate mediation in high courts
New directive, which seeks to remediate the congested civil trial roll, will have an impact on insurance disputes
Expanding the talent pool is essential for growth of the Middle East insurance market
The development of new talent must happen at pace if the insurance industry is to meet the challenge of an expanding market
Nigeria opens access to overseas aviation insurance
New regulation will allow lessees to cede up to 90% of risk to international re/insurers
Yemen sanctions breaches void P&I cover: International Group
Stringent due diligence needed, insurers warn, after three vessels blacklisted
Aon expands marine expertise with Atlas acquisition
Global broker acquires Israeli marine and cargo specialist Atlas Insurance Agency
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
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
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
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