Middle East
Iran offers fully insured ships to would-be crude buyers
The National Iranian Oil Company has offered India the use of fully insured Iranian vessels to use when importing Iranian oil, according to reports.
Swiss Re unveils new Middle East and Africa boss O'Neill
Swiss Re has appointed Frank O'Neill as market executive for the company's reinsurance operations in the Middle East & Africa region, effective 1 January 2013.
Oman Insurance outlook revised to stable after 'robust underwriting'
The Oman Insurance Company PSC (United Arab Emirates) has had its outlook revised from negative to stable after a robust underwriting performance.
Middle East Insurance Company achieves rating of 'B++'
Middle East Insurance Company has had its financial strength rating of B++ (Good) and the issuer credit rating of “bbb”, with stable outlooks.
Ambiental joins forces with Aon-Benfield on flood mapping
Aon-Benfield has collaboration with Ambiental to enhance its flood model development capabilities.
Zurich sees decline in European GI profit as pension and commission expenses bite
Zurich Insurance has reported a business operating profit of $2.5bn for the six months ended 30 June 2012, up 17% on 2011.
Pannone wins Aria Assistance legal services tender
Aria Assistance, the newly launched independent firm that evolved from the management buy out of Europ Assistance, has appointed Pannone Affinity Solutions to provide legal advice and services support.
Middle East Blog: Rated or not rated? What is the question?
On a recent visit back home to Malta I was kindly invited to the Malta Insurance Institute's annual general meeting where I had to sing for my supper.
Charles Taylor buys majority stake in Saudi Arabian loss adjuster
Charles Taylor has acquired a majority stake in the Noble Inspection and Loss Adjustment Company in a bid to develop its Middle East footprint.
South Korea poised to resume loading Iranian crude
South Korea and the National Iranian Tanker Company are rumoured to be close to a deal that could see the Asian nation resume the loading of Iranian crude before the end of September.
Oman consults Malaysia over draft Takaful rules
UK law firm Clifford Chance has submitted draft proposals for legislation to cover Takaful in the Sultanate of Oman.
Ace looks to strengthen travel business with internal promotions
Ace Group has made three changes to the travel team serving EMEA as the firm continues to build business across the region.
US tightens economic sanctions against Iran
The US Congress has passed a new package of economic sanctions against Iran, Reuters reported.
Iran expands tanker insurance in face of sanctions
Iran has promised to insure shipments of its oil to include Iranian and foreign tankers in the latest bid to circumvent insurance sanctions, AFP reported on Saturday.
Harrison takes EMEA role at Towers Watson
Global professional services company Towers Watson has appointed Keith Harrison to head up its reinsurance brokerage business in the Europe, Middle East and Africa region, following the appointment of his predecessor, Ross Howard, as global leader of its…
Argo Re recruits underwriter for Dubai team
Argo Group International Holdings has appointed Jason Dsouza as a casualty and professional lines underwriter for Argo Re in Dubai.
Insurance CEOs see Asia as most important for growth
Insurance chief executives see Asia as the most important growth region over the next 12-24 months, according to a survey by the Geneva Association.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Willis restructures international operations
Willis International has reorganised its Asia Pacific, Middle East and Africa operations amid a management resuffle.
Willis strengthens leadership in Asia and Middle East
Willis International has created three regional business units under new and expanded leadership in recognition of the size, growth and strategic importance of its Asia Pacific, Middle East and Africa operations to Willis Group Holdings.
Liberty Mutual launches event cancellation cover for MENA
Liberty International Underwriters and Liberty Syndicates have launched an initiative to provide a new event cancellation product for clients in the Middle East and North Africa.
Chartis to offer MENA clients $1.5bn per-risk capacity
Chartis, the property and casualty arm of American International Group, has increased its commercial property per-risk capacity to $1.5bn on a worldwide basis.
Middle East unprepared for 'inevitable' major earthquake
The Middle East could be staring down the barrel of a huge earthquake that would leave tens of thousands dead and destroy hundreds of thousands of homes, according to seismologists.
Oman Insurance Company agrees banacassurance tie-up
UAE-based Oman Insurance Company has formed an agreement with National Bank of Fujairah which will see the bank distribute insurance solutions on the insurer's behalf.