As tension escalates amidst the ongoing war in the Gulf, the General Arab Insurance Federation (GAIF) urges stakeholders to consider alternative solutions to strengthen the sector's capacity to deal with war risks.
Persian Gulf states have experienced material damage from retaliatory Iranian missile and drone attacks, following the commencement of hostilities between the US, Israel, and Iran on 28 February, according to a report released by Guy Carpenter, a Marsh business and leading global risk and reinsurance specialist.
DB Insurance announced that it had obtained regulatory approval to establish a subsidiary as part of its acquisition of US-based specialty insurer Potegra.
Sun Life Vietnam is estimated to have retained over 70% of the voluntary retirement insurance market share in Vietnam in 2025, underpinned by a strong financial position and a long-term investment strategy in the local market.
The global reinsurance market is continuing to soften, with noticeable rate reductions seen in key 1 April renewal regions across Asia and India, according to a recent report by Guy Carpenter, a Marsh McLennan business and leading global risk and reinsurance specialist.
Reinsurers are adopting a 'client-by-client' approach for 1 April renewals, amdist the ongoing Middle East armed hostilities, according to a report published by Howden Re.
QBE Insurance Group has announced that Ms Kathryn Lisson will step down from the QBE Group Board at the completion of the Annual General Meeting (AGM) on 8 May 2026, following her decision to retire.
Al Etihad Cooperative Insurance has announced the Board of Directors' decision to accept the resignation of the company's CEO, Mr Hussam AbdulAziz Al-Kannas. The resignation was attributed to personal reasons.
Delta Insurance New Zealand has appointed Mr Dinesh Murali as Managing Director. He brings a combination of product expertise, underwriting knowledge and established broker relationships to his new role.
Specialty MGA, part of the MNK Group, has appointed Mr Uwe Sievers as Director, Business Development Japan. In his new role, he will focus on business development across multiple classes, leveraging MNK's global network and London-based distribution partners to support Japanese clients.