Lockton has announced the appointments of Mr Jad Ghazal as chief business officer - direct and Mr Shadi Al Mahameed as chief growth officer - direct.
Intensifying geopolitical rivalries, policy uncertainty and competition for critical minerals are reshaping the risk landscape as well as driving demand for protection and these in turn are giving a boost to credit and political risk insurance according to a new report.
Samsung Fire & Marine Insurance (SFMI) has entered into an agreement to purchase an additional 21% equity stake in Canopius Group, bringing its shareholding to 40%.
Rokstone DIFC has appointed Mr Giles Hussey as senior executive officer of Rokstone DIFC and Mr Kamil Mammadov as head of short tail lines.
Arch Insurance International has appointed Mr Ed Short as head of digital. In this newly created role, he will be responsible for executing Arch's digital underwriting strategy, ensuring a cohesive approach across its platforms, which includes Australia.
The energy sector in the Middle East is balancing historic dominance in fossil fuels with the shift to renewable clean energy, said the global head of downstream broking, Natural Resources, at WTW, Mr Andrew Brunero, in a report.
The energy insurance segment in Asia continues to experience a soft market cycle which has created a favourable environment for clients in 1Q2025, according to a report by Willis.
The Tanzania Insurance Regulatory Authority (TIRA) has issued a notification, directing that all energy-related insurance risks must be directly underwritten through the Tanzania Energy Coinsurance Consortium (TECC).
AXA XL has appointed to its India branch Mr Akash Jain as underwriting assistant; Mr Alok Shukla as CEO of XL Insurance Company - India Reinsurance Branch; Ms Priya Manchanda as claims specialist; Mr Saumitra Sharma as CUO; Mr Saurabh Bhootara as property, energy and construction underwriter and Mr Vinod Kumar as assistant underwriter.
Canopius has appointed to its APAC leadership team Ms Chiu Channing as regional strategy and transformation lead and Mr Zhang Chen as head of claims, APAC.