Middle East
Government's growth plan tipped to boost takaful market
The government's insurance growth action plan could provide a much needed boost to the UK's commercial Islamic insurance market, according to PwC's Mohammad Khan.
Iran nuclear deal could help boost oil exports
The weekend agreement between Iran and the West over its nuclear capabilities could give a short term boost to oil exports as insurance coverage could be extended quickly.
Government founds group to promote Islamic finance
The government has announced the latest part of its plan to make Britain a leading Islamic finance centre, unveiling a new group to drive the growth of shariah-compliant financial products.
Seraina Maag to head AIG's EMEA business
AIG has appointed Seraina Maag as president and chief executive of its Europe, Middle East, and Africa region business.
Global takaful market "in its infancy"
The global takaful industry grew 16% in 2012 and the growth potential is huge according to a report by EY.
George Prescott joins Q-Re board
Former Ecclesiastical deputy chief executive George Prescott is to join the board of Q-Re as an independent non-executive member.
George Prescott joins Qatar reinsurer’s board
Former Ecclesiastical deputy chief executive George Prescott is to join the board of Q-Re as an independent non-executive member.
Generali unveils EMEA and Latin America units
Generali is to simplify its global structure by creating two new business regions, Europe, Middle East and Africa, and Latin America.
Zurich to merge Middle East and Africa regional office with Europe
From 1 January 2014, Zurich's general insurance Middle East and Africa office based in Dubai will be merged with Zurich's Europe office in Dublin.
Ace receives license to open in Tunisia
Ace Group has received approval from the Tunisian Ministry of Finance to establish a reinsurance operation in Tunisia as part of its continued strategy to grow its business throughout its Middle East and North Africa region.
Neil Moge to lead EMEA insurance portfolio at Goldman Sachs
Neil Moge has been hired by Goldman Sachs to lead a London-based team overseeing investments for insurers in Europe, the Middle East and Africa.
Charles Taylor expands Middle Eastern operations
Charles Taylor has acquired a stake in Saudi Arabian loss adjuster Noble Inspection and Loss Adjustment Company.
XL Group appoints Dennerstahl to head up professional lines
XL Group has appointed Louise Dennerstahl to head up its international professional lines business, covering Europe, Asia Pacific and Latin America.
Crawford hires Drew for EMEA role
Crawford & Company has recruited Simon Drew, the chief executive of injury claims mediator Inter Resolve, as its new business performance director for Europe, the Middle East, Africa and the Asia Pacific regions.
Solvency II voted biggest regulatory challenge by EMEA insurers
Over 90% of insurers in Europe, the Middle East and Asia view Solvency II as the biggest regulatory challenge facing their organisation, according to a study by the Economist Intelligence Unit.
Solvency II is "biggest challenge" for 90% of EMEA insurers
Solvency II tops the list of the biggest regulatory challenge for insurers in Europe, the Middle East and Asia, according to a study by the Economist Intelligence Unit.
Relocation: The ex-pat factor
Following the news Allianz Insurance chief executive Andrew Torrance is moving to the US, Post quizzed senior British insurance professionals who have moved overseas on what he can expect.
Towers Watson appoints Frederik Koencke to head crisis management for EMEA
Frederik Koencke has been appointed as the first Towers Watson crisis management group managing director for the Europe, Middle East and Africa region.
QBE launches aviation excess liabilities in Dubai
QBE has launched an excess of loss product for aviation liabilities in the Middle East.
No restrictions on Mecca pilgrimage despite coronavirus
The World Health Organisation is advising pilgrims to wear a mask at Mecca during Ramadan, but the Saudi Arabian government has no travel restrictions in place.
InterGlobal expands sales team
Twenty four sales staff have been appointed or promoted by international medical insurer InterGlobal.
Besso acquires Istanbul-based aviation broker
Besso Insurance Group has agreed a deal to acquire Istanbul-based insurance and reinsurance broker HSB Sigorta ve Reasurans Brokerligi.
Japan's Iran oil imports fall by 96% in April
Sanctions over Iran's nuclear threat from the US and EU have crippled Japan's oil imports from Iran. Other major customers also cut imports.
Insurance can support economic development in MENA region says Zurich
Insurance can promote economic development, create jobs and boost trade across the Middle East and North Africa region, a new report by Zurich has claimed.