Middle East and Africa
This region's insurance markets are expected to undergo rapid expansion
BMS opens office in Dubai free zone
Ranji Sinha to lead broking group’s DIFC regional hub
Abu Dhabi consults on solvency and ‘synthetic sidecar’ rules
Regulator seeks to encourage local alternative capital markets while aligning with international frameworks
Gallagher Re acquires Resilea
Reinsurance broker expands capabilities in South Africa with broker acquisition
ASR launches Africa cyber product
Lloyd’s-backed product will provide up to $5m in coverage for African businesses with revenues of up to $100m
Africa Specialty Risks adds South Africa hub for Lloyd’s syndicate
Syndicate 2454’s local underwriters will provide re/insurance cover for risks in South Africa and neighbouring countries
Saudi insurance major launches Riyadh Re
Kingdom has sought to develop domestic reinsurance sector
MNK International expands into Türkiye
Lloyd’s broker’s new operation will provide insurance and reinsurance products across a range of complex and specialty risks
European property cat to see moderate softening at 1/1: Gallagher Re’s Dowlen
Casualty renewals also expected to be stable amid ample capacity, reinsurance broker’s EMEA head says
ASR appoints Mason head of claims
Mason takes charge of re/insurance group’s claims function across its Lloyd's, Bermuda and Mauritius platforms
Africa Specialty Risks names Sokiri COO
In his new role, Sokiri will oversee the re/insurer’s operations and technological functions
Axa XL leads war risk slip for twice-attacked cargoship
Convex understood to have follow position on Aon-brokered cover for Minervagracht
Mena reinsurance market ‘strong and stable’
Sector enjoys plentiful capital and strong prices, despite instability, according to AM Best
Africa Specialty Risks hires medmal senior underwriter
Phillip Murphy joins Africa-focused re/insurance group from Elysium Insure
Gallagher hires Witchard to lead Middle East marine
Broker expands Middle East and Africa marine practice with senior Marsh hire
Lockton promotes Abboud to senior executive officer in Dubai
Abboud was most recently wholesale managing director for Middle East and North Africa, having been with Lockton since 2013
LSM combines finpro and casualty in restructure
Insurer looks to expand its proposition across the UK, Middle East and north Africa
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