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Specialty tag returned 234 results

  • Saudi Arabia: Oil giant's captive unit posts strong underwriting gains

    Bermuda-based Stellar Insurance, an indirect wholly-owned captive insurer of Saudi Arabian Oil Company (Aramco), has reported strong operating results over the past five years, mainly driven by robust underwriting profits in the absence of large losses, as evidenced by a five-year (2017-2021) weighted average combined ratio of 14.6%, notes AM Best.

    Middle East | 06 Dec 2022
  • Morocco: SCR combines capacity with Africa Specialty Risks

    Societe Centrale de Reassurance (SCR), the reinsurance arm of Morocco's state-owned CDG Group, has entered into a partnership with Africa Specialty Risks (ASR), a pan-African reinsurer to expand its regional operations.

    Middle East | 24 Nov 2022
  • Tanzania: 22 insurers form oil & gas consortium to retain business in the country

    A consortium of 22 insurance companies in Tanzania has been formed to work on significant oil and gas projects, including the $30bn Lindi's Liquefied Natural Gas (LNG) project and the $3.5bn East African Crude Oil Pipeline.

    Africa | 21 Nov 2022
  • Vietnam: Charles Taylor expands natural resources capability into Greater Mekong area

    Charles Taylor Adjusting (CTA), an international loss adjusting business, has expanded its Natural Resources capability in Asia with the opening of a new office in Vietnam. This strategic expansion allows CTA to offer technical loss adjusting services across mining, power and energy business sectors, with a focus on renewable energy, both onshore and offshore, not only in Vietnam but also across the wider Greater Mekong sub-region including Cambodia, Myanmar and Laos.

    Asia | 11 Nov 2022
  • Fossil fuel demand expected to peak soon

    The World Energy Outlook 2022 released by the International Energy Agency (IEA) reveals that the war in Ukraine has accelerated the world's transition to cleaner energy sources.

    Asia Risk | 02 Nov 2022
  • Asia: Fusion hires new M&A executives

    Specialty insurer Fusion has appointed Ms Hui Ling Wong as senior partner and Ms Yen Lin Ee as partner in mergers and acquisitions underwriting - both previously from Aon.

    People | 21 Oct 2022
  • Uganda: Oil & gas, marine and agricultural insurance expected to boost reinsurance premiums

    The opportunities for Uganda's reinsurance industry lie in the oil gas business where huge-value projects are or will be undertaken and which would require reinsurance support, according to the CEO of Uganda Re, Mr Ronald Musoke.

    Africa | 03 Oct 2022
  • Qatar: QIC Global unifies core companies under Antares brand

    QIC Global, the international specialty insurance and reinsurance subsidiary of Qatar Insurance Group, has announced its intention to align its core companies under the Antares name, creating a single identity to unify the brand across respective entities.

    Middle East | 03 Oct 2022
  • Qatar: QIC Group's Antares Syndicate 1274 tops Lloyd's peer analysis for investment performance

    Antares Managing Agency, the Lloyd's specialist insurance and reinsurance subsidiary of QIC Group, has announced that Antares Syndicate 1274 has been ranked first for investment performance based on three-year average investment returns over the period from FY2019 to FY2021 according to JP Morgan Asset Management's Lloyd's Peer Analysis.

    Middle East | 28 Sep 2022
  • Singapore: MAS launches Financial Services Industry Transformation Map (ITM) 2025

    The Monetary Authority of Singapore (MAS) yesterday launched the Financial Services Industry Transformation Map (ITM) 2025, setting out the growth strategies to be pursued to further develop Singapore as a leading international financial centre in Asia - to connect global markets, support Asia's development, and serve Singapore's economy.

    Asia | 16 Sep 2022

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