Middle East
Economic downturn driving liability demand
Demand for higher levels of liability insurance has surged across Europe, the Middle East and Africa, according to Marsh.
Investment losses hit MENA insurers' capital
Regulations are tightening for insurers in the Middle East and North Africa as the benign conditions of previous years quickly disappear, according to a report by ratings agency AM Best.
Guy Carpenter opens Athens office
Guy Carpenter & Company has opened a reinsurance intermediary office in Athens, the broker said today.
Top five Asian stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Takaful's key markets diverging, says S&P
Takaful companies in south east Asia appear more healthy and sustainable than their counterparts in the Gulf, according to the latest report by Standard and Poor's.
Haagen replaces Karner as AGCS aviation head
Allianz Global Corporate & Specialty has appointed Henning Haagen as global head of aviation for its European, Middle East and Asia and Asia Pacific divisions.
AGCS names new EMEA aviation head
Allianz Global Corporate & Specialty has promoted Henning Haagen to global head of aviation Europe, Middle East, Africa and Asia Pacific with effect from 1 January 2013.
Tokio Marine to sell takaful through Saudi joint venture
Tokio Marine Middle East, the Dubai-based regional hub of Japanese insurer Tokio Marine, is to launch a new Saudi joint venture, according to reports in the local press.
Mondial reshuffles sales team
Mondial Assistance UK has restructured its sales team just a fortnight before it becomes Allianz Global Assistance.
William Russell launches UAE web portal
Expat insurance provider William Russell has launched a new website for clients in the United Arab Emirates.
Why I moved away: Lloyd East, Al Ahlia (part of RSA)
RSA Group's Lloyd East recently relocated to Oman to become CEO of Al Ahlia. He talks to Post about why he made the move.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days
Iran praises sanctions for kickstarting insurance market
Iran's insurers are ready to offer cover to foreign ships traveling through Iranian waters, according to Seyed Karimi, president of Iran's insurance regulator Bimeh Markazi.
Head of AIG's India joint venture leaves to join Mercer
Mercer has appointed Gaurav Garg as region leader for growth markets, incorporating Mercer's businesses in Asia, the Middle East, Africa and Latin America.
Qatar dispute resolution plans launched
Pinsent Masons and the Qatar International Court and Dispute Resolution Centre hope to launch a special resolution scheme, the first of its kind in the Middle East.
Profitable growth still possible, says Guy Carpenter
Reinsurers should still be targeting profitable growth, despite challenging market conditions, broker Guy Carpenter said in a Monte Carlo press briefing on Sunday.
Monte Carlo preview: The calm after the storm
With 2011 rocked by political uprisings and catastrophes, delegates at the Monte Carlo Rendez-vous had much to discuss. However, a year later, with the market beginning to settle, what will be on the agenda?
BlackRock recruits Leidtke for FIG role
BlackRock has appointed Patrick Liedtke, pictured, to lead its Financial Institutions Group in Europe, the Middle East and Africa.
Geneva Association's Liedtke named as Blackrock EMEA head
Risk management organisation Blackrock has appointed Patrick Liedtke, outgoing secretary general and managing director of the Geneva Association, to lead its financial institutions group in Europe, the Middle East and Africa.
Monte Carlo preview: The calm after the storm
With 2011 rocked by political uprisings and catastrophes, delegates at the Monte Carlo Rendez-vous had much to discuss. However, a year later, with the market beginning to settle, what will be on the agenda?
Aspen recruits five MDs in management restructure
Aspen Re has appointed five new regional managing directors and three global product leaders as part of a management reshuffle.
Dubai Group sells Turkish non-life insurer
Dubai Group has sold its Turkish insurance arm to a company owned by former AIG chief executive Maurice 'Hank' Greenberg and a unit of Dubai lender Mashreq Bank.
Charles Taylor sets timetable to boost international adjusting proposition
Charles Taylor Company has confirmed plans to enter the Latin America loss adjusting market before the end of 2012, just weeks after buying a majority stake in Saudi Arabia claims handling business Noble Inspection and Loss Adjusting.
Global warming to lead to stronger tropical cyclones
Scientists predict that global warming is likely to lead to stronger tropical cyclones, but that the overall global frequency of tropical storms and hurricanes is likely to decrease.