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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

Middle East and Africa Legal focus

Gallagher launches Middle East and Africa M&A practice

Broker taps Aon for practice leader and predicts strong M&A market in region 

Middle East and Africa Brokers

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

Middle East and Africa Specialty

Red Sea war risk cover ‘sustainable’: LMA's Roberts

No need to extend high-risk area for now, Joint War Committee secretary says

Middle East and Africa Specialty

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

Middle East and Africa Climate change

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

Middle East and Africa London

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

United Arab Emirates Specialty

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

Israel Yemen

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

Political Risk and Trade Yemen

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

Middle East and Africa MS Amlin

Optio Re MENA names Mohsen MD for broking

Mohsen joins from Ardonagh Specialty, where he was managing director for the Mena region

Middle East and Africa People moves

Some London underwriters not quoting Israeli shipowners for Red Sea transits

War risk premiums double on Houthi threat, as Israel port call pricing hardens

Israel Middle East and Africa

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

Middle East and Africa London

Africa Specialty Risks to launch Lloyd’s syndicate

Syndicate 2454 has been granted in-principal approval and plans to start underwriting next March

London Middle East and Africa

Markel hires Meek to lead Mena cyber portfolio

Meek will be responsible for growing the insurer’s cyber offering in the region

Middle East and Africa Markel
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