Middle East and Africa
This region's insurance markets are expected to undergo rapid expansion
Africa Specialty Risks names Sokiri COO
In his new role, Sokiri will oversee the re/insurer’s operations and technological functions
Axa XL leads war risk slip for twice-attacked cargoship
Convex understood to have follow position on Aon-brokered cover for Minervagracht
Mena reinsurance market ‘strong and stable’
Sector enjoys plentiful capital and strong prices, despite instability, according to AM Best
Africa Specialty Risks hires medmal senior underwriter
Phillip Murphy joins Africa-focused re/insurance group from Elysium Insure
Gallagher hires Witchard to lead Middle East marine
Broker expands Middle East and Africa marine practice with senior Marsh hire
Lockton promotes Abboud to senior executive officer in Dubai
Abboud was most recently wholesale managing director for Middle East and North Africa, having been with Lockton since 2013
LSM combines finpro and casualty in restructure
Insurer looks to expand its proposition across the UK, Middle East and north Africa
Lockton Re launches Dubai operation
Reinsurance broker makes ‘significant investment’ in Mena region
Nigerian Insurance Industry Reform Act could boost London market
Newly passed law will increase capital requirements and encourage industry consolidation
Renewed sanctions on Iran create a legal minefield for marine insurers and shipowners
No blanket ban on trading with Middle East country or insuring vessels, but expect additional hoops to jump through
Vesttoo trust targets Aon and China Construction Bank
Latest court filing alleges that Aon committed fraud as it sought to promote a new intellectual property-backed lending product
Private equity firm buys Sapiens for $2.5bn
Purchase will take Nasdaq-traded insurance technology firm private
Marine insurers face renewed European sanctions on Iran
Invocation of nuclear pact ‘snapback’ will leave already complicated picture even more muddled, underwriters fear
South Africa’s subrogation shake-up
A recent case has upended years of market practice for South African insurers
Egypt urges marine underwriters to cut ‘elevated’ Red Sea premiums
The plea comes after a sharp fall in transits in wake of Houthi attacks
Gallagher hires new head of private equity
Lester will head Gallagher's transactional business teams
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