Insurance Day is part of Maritime Intelligence

This site is operated by a business or businesses owned by Maritime Insights & Intelligence Limited, registered in England and Wales with company number 13831625 and address c/o Hackwood Secretaries Limited, One Silk Street, London EC2Y 8HQ, United Kingdom. Lloyd’s List Intelligence is a trading name of Maritime Insights & Intelligence Limited. Lloyd’s is the registered trademark of the Society Incorporated by the Lloyd’s Act 1871 by the name of Lloyd’s.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction

Middle East and Africa

This region's insurance markets are expected to undergo rapid expansion

 

Axa launches climate insurance for farmers in the DRC

The parametric product will protect up to 300,000 farmers from drought and rainfall

Middle East and Africa Congo (Democratic Republic)

West of England to expand war risk offering in wake of ceasefire in Gaza

Richard Turner anticipates slow resumption of Red Sea and Israel trade as networks and schedules are rearranged

Israel Yemen

ASR launches Lloyd’s service company in Mauritius

Move will allow ASR to underwrite business in Mauritius on behalf of syndicate 2454

Middle East and Africa Mauritius

War risk underwriters wait for definitive Houthi stance on Gaza ceasefire

Brokers confirm pricing is shading down, but say matters could take ‘weeks and months’ to pan out

Yemen Specialty

Red Sea war risk rates fall as insurers ponder Gaza peace deal

Competition and softening market are pushing down prices, market sources say

Ukraine Yemen

ASR launches Africa-focused Lloyd’s consortium

Baobab consortium will offer $21m in capacity across lines including political risk and trade credit

London Middle East and Africa

Nexus Underwriting to acquire Arma

Specialty managing general agent strikes deal for Dubai-based reinsurance specialist

Middle East and Africa Reinsurance

Piracy exposure increases in Somali basin because of Red Sea diversions

Rerouting to avoid Houthi aggression has doubled traffic along the international shipping lane through the Indian Ocean and off the coast of Somalia

Somalia Specialty

Galaxy Leader owner in dispute with Codan over loss-of-hire cover

Danish insurer said to be refusing payout, on grounds that Houthis are not a ‘state power’ as per the Nordic Plan

Yemen Specialty

Ascot and Markel lead hull war risk slip on captured Galaxy Leader

Travelers on hook for seafarer kidnap and ransom, market sources say

Israel Yemen

How to equip the modern risk manager

Nina Arquint, Swiss Re Corporate Solutions’ head of Europe, the Middle East and Africa, describes how insurers can meet the evolving needs of risk managers

Europe Middle East and Africa

Gallagher names Jones MEA head of construction and power

Jones joins from Lockton, where he was power and infrastructure senior vice-president

Middle East and Africa Broker

Africa Specialty Risks Ltd to operate as Lloyd's service company

Development enhances group's distribution network, providing brokers in Africa and the Middle East with more efficient access to the Lloyd’s market

Middle East and Africa Specialty

Parametric insurance can play a vital role in east Africa’s battle with severe drought and rain

East Africa rainy seasons are primarily influenced by the movement of the Intertropical Convergence Zone, but they are also affected by major climate patterns: the Indian Ocean Dipole and El Niño-Southern Oscillation

Middle East and Africa Willis Towers Watson

Specialty MGA Africa & Middle East launches with Casablanca office

New managing general agent will focus on international property, energy, cyber, forestry and surety

Middle East and Africa Morocco

Africa Specialty Risks launches marine and aviation division

New division will be led by Aurélien Sauty, who joins from Berkshire Hathaway Specialty Insurance, where he was assistant vice-president for marine in the Middle East

Middle East and Africa Aviation
See All
UsernamePublicRestriction

Register