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Middle East and Africa

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

 

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

Lloyds Marine

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

Iran Israel

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

Middle East and Africa Energy

Africa Specialty Risks launches automated underwriting portal

Quote-and-bind platform will initially offer energy and D&O product lines

Middle East and Africa Reinsurance

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

South Africa Legal focus

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

Saudi Arabia United Arab Emirates

Nigeria opens access to overseas aviation insurance

New regulation will allow lessees to cede up to 90% of risk to international re/insurers 

Nigeria Specialty

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
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