Middle East
Talbot and ADNIC cease UAE JV but remain committed to MENA
Talbot Underwriting, a wholly owned subsidiary of Validus Holdings, and Abu Dhabi National Insurance Company are to cease their joint venture business, Underwriting Risk Services (Middle East), which was established in the Dubai International Financial…
Ahmed takes up new Aon Benfield MENA CEO role
Aon Benfield has appointed Ahmed Rajab as CEO, Middle East and North Africa.
Aon Benfield has new Middle East chief
Aon Benfield has recruited Willis Re regional director Ahmed Rajab, pictured, to be chief executive, Middle East & North Africa.
Middle East guest blog: Pennywise pound foolish in health insurance?
It is not economically feasible for corporate clients to purchase insurance for 'pound-swapping' layers.
In Series: Emerging Markets - MENA means business
Despite growing competition in the Middle East and North Africa from local providers, there are still opportunities for foreign insurers in the market
Christchurch one year on: a forgotten city?
A year on from the earthquakes in New Zealand, while the Christchurch disasters may be slipping out of public consciousness, the work to rebuild the city continues.
Generali sells 69.1% of Israeli Migdal for €835m
The Generali Group has agreed to sell its entire 69.1% holding in Migdal Insurance and Financial Holdings to Shlomo Eliahu, founder and controlling shareholder of the Israeli financial Group Eliahu.
In Series Emerging Markets: The importance of being experts
Despite the political upheavals in the Middle East and North Africa, the thirst for self-development and raised standards has continued unabated.
In Series: Emerging Markets - MENA means business
Despite growing competition in the Middle East and North Africa from local providers, there are still opportunities for foreign insurers in the market
Post magazine – 8 March 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Thomas charged with maximising Willis' $40bn global premium
Willis Group has appointed David Thomas as director of strategy and transformation within its global businesses division.
Insurers could do more to help space operators, says JLT
Space operators need the insurance community to step up and offer better solutions, according to Peter Elson, global head of space at broker JLT Specialty.
QBE launches new motor products in Dubai
Business insurance specialist QBE has started offering Guaranteed Auto Protection insurance and auto extended warranty on a reinsurance basis for cedants dealing with auto dealers and banks within the GCC market.
Zurich in three-year sponsorship deal with Christie's Dubai
General insurer Zurich has entered into a partnership with auction house Christie's to sponsor its sales in Dubai.
Insurance Insight – top 10 stories
The top 10 stories from www.insuranceinsight.eu over the past seven days.
Brics are not quick wins, says Lee
The emerging markets of Europe, the Middle East and Asia present "substantial opportunities", but insurers must be prepared to make a long-term commitment, according to RSA's chief executive officer.
Takaful growth attracts domestic and multinational providers
Takaful insurance across the Middle East and South East Asia has seen rapid growth over the past five years. Francesca Nyman reports on what the future looks like for this sector.
Marsh appoints Lay business development leader international
Broker Marsh has appointed Chris Lay to the newly created position of business development leader for its International division, which comprises all Marsh's operations outside North America.
India considers guarantees for Iranian oil
India's shipping secretary K Mohandas said on Tuesday that the country is considering sovereign guarantees for shipping and buying Iranian oil on a delivered basis, when EU sanctions on Iran come in to effect, according to Reuters India.
Japan questions EU over impact of Iran sanctions
Japan's government is seeking clarification from the European Union about the implications of its sanctions against Iran for non-EU states, amid fears Japanese ship owners could see cover for voyages to Iran slashed.
Chartis relaunches K&R in Middle East
Property and casualty insurer Chartis is increasing its focus on kidnap and ransom as it relaunches the specialist product for the Middle East market.
First Insurance reports 25% premium growth
Jordan-based takaful provider First Insurance Cpany reported premium growth of 25% in its full year results for 2011.
AM Best gets green light for Dubai branch
Ratings agency AM Best is to open an office in the Dubai International Financial Centre in Dubai, UAE, after receiving the necessary regulatory and legal approval.
Emerging markets present growth opportunities for energy firms
Despite geo-political turmoil, many economies now present increased growth opportunities for global energy companies due to decreasing political risk and improvements in legal and regulatory environments, according to risk analysis company Maplecroft.