Middle East
Insurance Insight Q&A – ALC Health
In the latest of our regular focus on European insurance companies and brokers, Insurance Insight talks to Sue Wilson, director for the European office of ALC Health.
Ace appoints new MD for Middle East and North Africa
Ace European Group has appointed Steve Dixon as regional managing director, ACE Middle East and North Africa.
EMEA insurance buyers reap benefits from increased competition
Insurance buyers across Europe, the Middle East and Africa are reaping the cost benefits created by greater competition among insurers for their business and the added capacity generated by new entrants to the market, according to a new report.
Hardy profit nosedives in first half results
Hardy Underwriting Bermuda's profit before tax has fallen to £0.8m (H1 2009: £7.8m) after it was hit by a string of catastrophic events.
Zurich reshapes global life business
Zurich has appointed four regional chief executives within global life, Europe, Asia Pacific & Middle East, North America and Latin America.
Scor reports 19% growth at treaty renewals
P&C and specialty treaty renewals at end of June have resulted in premium growth of 19% at constant exchange rates, whilst fully respecting the technical underwriting profitability criteria.
Scor reports 19% growth at treaty renewals
P&C and specialty treaty renewals at end of June have resulted in premium growth of 19% at constant exchange rates, whilst fully respecting the technical underwriting profitability criteria.
The Reinsurance Power List 2010: Who's the daddy?
After the usual team debates, tears and tantrums, once again the Reinsurance team presents its annual Power List. We give you our opinions on who is hot and who is not in the reinsurance world and why they are a force to be reckoned with
Interview - Stefano Tranquillo: Sticking to the principle
FM Global's Stefano Tranquillo may have a diverse background but, he tells Lynn Rouse, the company has achieved first-class underwriting results using a risk management model that has changed little in the 175 years since it was founded.
Reinsurer capital up 8% - Aon Benfield
Aon Benfield Aggregate (ABA) report from Aon Benfield Research team estimates that global reinsurer capital increased by 8% to $434bn, surpassing the record levels set in 2007 before the global financial crisis occurred.
US targets two insurers, banks, shipping and energy sector in new Iran sanctions
The US Treasury on Wednesday blacklisted more companies – putting them off limits to US businesses - including two insurers.
Gladwell joins to lead Crawford Home
Crawford & Company has named Aviva operations director Greg Gladwell to lead its new end-to-end personal lines service Crawford Home.
Assurex adds three firms
Assurex Global, the international network of independent insurance brokers, has added three new brokers to its international partnership ranks: Griffiths & Armour and Miller Insurance Services, both of the UK, and Associated Insurance Consultants of the…
Heppel appointment
RFIB has appointed Toby Heppel to the role of divisional director in the political, credit and financial risks team.
Iraqi broker appoints new director
AAIB Insurance Brokers has appointed Mr Michael Carr as the divisional director of its Iraqi registered company Al Fajer Insurance and Reinsurance Brokers.
Willis raids RSA for Russia and Middle East boss
Willis Group has appointed Scott Pickering CEO, Russia, Eastern Europe, the Middle East and South Africa, effective immediately.
Willis raids RSA for Russia and Middle East boss
Willis Group has appointed Scott Pickering CEO, Russia, Eastern Europe, the Middle East and South Africa, effective immediately.
London P&I Club increases free reserves by 22% in 2009/10
THE London P&I Club has reported a financial year surplus of $25.9m for the year ended 20 February 2010.
European GI CEO Annette Court out in Zurich reshuffle
Zurich Financial Services today announced a streamlined management structure and related senior management appointments. The changes come into effect on 1 July.
Reborn takaful firm eyes commercial move
Shariah compliant insurer Salaam Halal has vowed to write commercial business in the UK on its re-entry to the market, following parent group Principle Insurance's acquisition by the Kuwait-based Al-Salam Group.
UK takaful insurer sold to Kuwaiti buyer
Principle Insurance Holdings, parent company of the UK’s first Shariah compliant insurance group, has confirmed the conditional sale of its subsidiaries, Principle Insurance Company and Principle Marketing Services, to Al Salam Group Holding Company – a…
Chedid Re establishes Saudi subsidiary
Reinsurance broker establishes Saudi Arabia subsidiary which has been licensed by the Saudi Arabian Monetary Agency (SAMA) to provide reinsurance brokerage services across the Kingdom.
Qatar Insurance Q1 profit rises 2.1% to $59m
Middle Eastern insurer sees profits and underwriting income grow, but gross premiums fall in the first quarter of 2010.
Interview - Mike Webb: Computing the cloud crisis
The recent volcanic ash cloud has brought travel insurers such as Mondial Assistance under the microscope. Jonathan Swift talks to the firm's EMEA regional director Mike Webb about the impact of Eyjafjallajökull and why prices need to rise for a more…