Australian insurance giant appoints Hamlat from Marsh to develop the business

Global reinsurers are redirecting capacity to other markets, leading to shortages across many lines in Africa, Mikir Shah says

Re/insurance for the oil blocks on offer is deemed to be expensive due to the shrinking primary insurance available to oil and gas companies, environmental group says

The local South African insurance market has largely excluded grid failure risk because of the country’s unstable power infrastructure but some large accounts led by international markets are thought not to be carrying the exclusions, giving rise to the threat of significant loss aggregation

Parent company QIC is moving away from high-severity and volatile international risk

The loss aggregator has estimated insured losses of $4.9bn at February exchange rates

Amit Tiwari is a co-founder of Xceedance and one of the company’s original 13 team members

Global commercial insurer says Bidmead has ‘extensive knowledge of the intricacies of M&A transactions’

Crypto insurer buys South African-based Bitsure 

Specialist carrier hires LSM’s Sidawi for senior political violence underwriting role on its Dubai platform

The global broker is providing premium subsidy to support the purchase of cover for extreme weather risk

The Israeli reinsurance broker has become Guy Carpenter Israel

Executive will oversee insurance giant’s accident and health, consumer and digital business in the country

Saudi Arabia’s Vision 2030 project will create a wealth of opportunities for insurance businesses and will drive rapid development of Saudi Arabia’s relatively modest insurance sector

Dubai and Lloyd’s announce plans to develop a platform to enable start-ups and entrepreneurs to create innovative tech-based insurance products in the emirate

Broker Howden places coverage in Lloyd's, London and P&I markets that enables the UN to proceed with an operation to transfer oil from a floating storage platform and avert one of the world’s largest oil spills