
Middle East and Africa
This region's insurance markets are expected to undergo rapid expansion

Legal Focus: The Israel-Gaza conflict and international law jurisprudence from the insurance market
Insurance industry jurisprudence has contributed significantly to solid international law principles that are desperately needed right now

Gallagher launches Middle East and Africa M&A practice
Broker taps Aon for practice leader and predicts strong M&A market in region

Clubs scramble to restore Red Sea cover for big-name charterers
Oil majors and trading giants forced to pay extra for cover that was effectively a freebie until now

Reinsurance jitters leave clubs forced to drop Red Sea war risk extensions
Buyback mechanism may be announced in the next few days

Red Sea war risk cover ‘sustainable’: LMA's Roberts
No need to extend high-risk area for now, Joint War Committee secretary says

Viewpoint: Insurers must address the lack of data on natural catastrophe secondary perils in the Middle East
Secondary perils in the region are becoming more frequent and severe and the historical data is inadequate to assess exposures

War risk market split on covering US- and UK-linked vessels for Red Sea transits
Some underwriters fear Yemeni rebels will single out American and British tonnage in retaliation for airstrikes, with others still ready to quote

Africa Specialty Risks approved for Dubai company registration
'In principle' approval from Dubai Financial Service Authority a key milestone in launching ASR Middle East, pan-African reinsurance group says

Red Sea war risk rates see huge jump in wake of Yemen airstrikes
Quotes now ‘theoretical’ as oil majors join liner companies in rerouting via Cape of Good Hope, underwriters warn

Red Sea war risk rates soften as insurers price in Prosperity Guardian
Additional premiums steady or even slightly down as underwriters return to desks, confounding pre-Christmas expectations

MS Amlin enters Middle East financial lines market
Lloyd’s carrier launches new line in response to increased M&A and IPO activity in the region

Optio Re MENA names Mohsen MD for broking
Mohsen joins from Ardonagh Specialty, where he was managing director for the Mena region

Some London underwriters not quoting Israeli shipowners for Red Sea transits
War risk premiums double on Houthi threat, as Israel port call pricing hardens

Africa Specialty Risks to seek Lloyd's followers to increase Africa capacity
Syndicate 2454 will bring in new business from the continent to Lloyd’s, ASR’s chief executive, Mikir Shah, says

Africa Specialty Risks to launch Lloyd’s syndicate
Syndicate 2454 has been granted in-principal approval and plans to start underwriting next March

Markel hires Meek to lead Mena cyber portfolio
Meek will be responsible for growing the insurer’s cyber offering in the region
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