Middle East insurance articles - Insurance Post

Allianz Worldwide Care opens Brussels support centre

Allianz Worldwide Care Services has opened an operational support centre in Brussels to provide a local contact point for the company's intergovernmental organisations and corporate clients.

21 Nov 2012

Reinsurance

Q-Re poaches Novae underwriting team

Q-Re, the reinsurance subsidiary of Qatar Insurance Company, confirmed today that is has hired 14 senior reinsurance staff who resigned from Novae in May.

20 Nov 2012

Broker

UIB hires Raven as new upstream head

Lloyd's reinsurance broker United Insurance Brokers has appointed Joss Raven as divisional director of its upstream energy division.

20 Nov 2012

Broker

Marsh's Moylan to head global surety practice

Marsh has appointed David Moylan as head of its newly created global surety practice.

20 Nov 2012

Aria Assistance and GlobeMed launch MENA partnership

Aria Assistance, the independent UK insurance and assistance company, has signed a strategic partnership for the delivery of assistance services with Africa/Middle East regional healthcare administration services and assistance provider, GlobeMed.

15 Nov 2012

Arig logs profit in Q3

Arig has announced a net profit of $10.3m nine months into 2012.

12 Nov 2012

RSA hails "unique geographic footprint" after 15% growth in emerging markets

Emerging markets led growth for RSA in the first three quarters of 2012 as challenging conditions continued to affect performance in its core European market.

08 Nov 2012

Ace Europe head criticises London market's 'lack of vision'

London's insurance industry must avoid complacency and reinforce its position as the global insurance centre through innovation, collaboration and recognition of the shift towards emerging markets, the chairman of Ace European Group said today.

06 Nov 2012

Insurance seen as safe haven amid falling Gulf stocks

The Qatar stock exchange fell by 38.78 points, or 0.45%, to 8,564.84 on Sunday from the previous close of 8,603.62, but insurance stocks bucked the overall trend.

05 Nov 2012

Claims

Aria reaches partnership deal with Globe Med

Aria Assistance has signed a strategic partnership for the delivery of assistance services with Africa and Middle East regional healthcare business Globe Med.

02 Nov 2012

Commercial

Crawford names chief administrative officer for EMEA-AP

Crawford & Company has appointed Chris Pinney, pictured, as chief administrative officer for EMEA and Asia Pacific with effect from 1 November.

01 Nov 2012

Regulation

Marsh hires EMEA cyber head

Marsh has appointed Stephen Wares as leader of the cyber risk practice in the firm's Europe, Middle East and Africa risk practices group.

29 Oct 2012

Western sanctions threaten to halt Iran's shipping industry

Western sanctions are jeopardising Iran's vital shipping industry, and the country's biggest cargo carrier will face serious problems if the pressure continues, according to the head of the Islamic Republic of Iran Shipping Lines.

23 Oct 2012

Broker

Demand for transactional risk cover up 35% in 12 months

Businesses globally are increasingly turning to the insurance market for transactional risk protection in a bid to shield revenue and assets from the risks faced on acquisition and exit or sale, according to a report published today by Marsh.

22 Oct 2012

Reinsurance

JLT's Q3 profit warning indicates challenges ahead

Jardine Lloyd Thompson faces significant challenges to its ambition to be a top three global player, according to an Investec analyst note.

22 Oct 2012

Broker

BrokersLink launches supply chain tool

BrokersLink has launched Specialized Resources, a risk management service which it says will give members access to tools to help clients identify and quantify potential supply chain risks.

19 Oct 2012

ING reportedly close to sale of Thailand and Hong Kong units

ING Group is nearing an agreement to sell its Hong Kong and Thailand insurance businesses to Richard Li, Reuters reported today, quoting sources close to the matter.