Country: Middle East Page 1 / 2
- May 23 2023
Brown & Brown acquires Nexus and Xenia owner Kentro Capital
The acquisition gives the US broker a foothold in Asia through MGAs Nexus and Spectrum, and broker Capstone.
- April 10 2023
Nexus completes majority buyout of Spectrum Risk
Spectrum's presence within the MENA and Asia Pacific market fits with Nexus Underwriting's wider portfolio.
- April 6 2023
Chris Mackinnon takes on extra Lloyd’s regional responsibilities
The head of Lloyd’s Australia and New Zealand has also become Lloyd’s deputy regional director, Asia Pacific, Middle East & Africa.
- March 9 2023
Minesh Jani to lead Howden Tiger’s India operations
Jani’s mandate is to expand treaty, retrocessional and specialty reinsurance solutions in Middle East, Africa and India.
- February 15 2023
Marsh McLennan promotes Renée McGowan to India/MENA CEO
The new role for the Mercer president of Asia, Middle East and Africa is part of a series of regional appointments at the broking group.
- December 21 2022
Lloyd’s Asia CEO Tom Haddrill named WTW broking head for CEEMEA
Lloyd's hasn't announced a replacement for Haddrill in Singapore, who takes on Central and Eastern Europe, Middle East and Africa for the broker.
- November 2 2022
Nexus seals MGA deal, eyes APAC expansion
Spectrum Risk Management focuses on marine and property (re)insurance in Asia Pacific and MENA.
- September 29 2021
HDI Global appoints Asean claims head
Singapore-based Raymond Ong joins the industrial lines insurer from Willis Towers Watson.
- September 23 2021
BHSI’s Breuil: ‘Data and analytics indissociable from underwriting’
The specialty player's regional head sees increased consolidation among both brokers and carriers.
- July 6 2021
Ever Given to set sail as parties agree claim payout
Payout set to be far less than the original demand of US$900m.
- June 7 2021
Ever Given compensation being reassessed by Egypt authority
The Suez Canal Authority has revised its initial US$900m demand.
- May 12 2021
Sedgwick Asia director to join Charles Taylor: sources
Stephen Hope is set to join the adjuster's onshore energy and mining division.
- May 10 2021
Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
- May 6 2021
BHSI appoints senior Asia transactional liability underwriter
Daniel Thieviasingham is based in the Lion City and formerly worked at Lockton.
- April 14 2021
Suez Canal Authority seizes Ever Given, demands US$900m
The ship's liability insurer, the UK P&I Club, has disputed the "extraordinarily large claim".
- March 30 2021
Ever Given: wider marine insurance market to see limited impact
AGCS expert tells IAN it is still too early to predict overall losses.
- August 11 2020
Beirut’s hull, cargo and port losses within US$250m: GC
Guy Carpenter's initial analysis suggests there will be an impact on the global market.
- November 9 2018
CII appoints Thompson as international director
Professional body hires experienced hand for key position outside of the UK.
- July 27 2018
Tough times as Qatar Re quits Singapore
The Bermuda-based reinsurer is hurting after nat cat losses, forced reserve increases and a diplomatic spat in the Gulf.
- March 2 2018
Is the end nigh for retakaful?
The small and fragmented market is struggling to compete with competition from conventional players.