London-headquartered Africa Specialty Risks (ASR), the developing markets-focused (re)insurance group, yesterday announced the launch of Syndicate 2454 in South Africa.
Pine Walk, the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has launched Carnovis Specialty, a new alternative risk transfer MGA.
S&P Global Ratings has revised its outlook on Saudi Reinsurance (Saudi Re) to positive from stable. At the same time, the global credit rating agency affirmed the reinsurer's 'A-' long-term issuer credit and insurer financial strength ratings and 'gcAAA' Gulf Cooperation Council regional scale rating on the company.
Podium Underwriting has been launched as a specialist MGA, operating as an appointed representative of Superian Insurance Group.
Hannover Re has appointed Ms Sun Yan as Head of Life and Health Greater China, according to post on the company's LinkedIn page.
African Reinsurance Corporation (Africa Re) saw its gross written premiums rise by 11.05% year on year to $?976.17m in the third quarter of 2025 (Q32025). Under IFRS 17, gross reinsurance revenue increased by 6.93% to $932.67m (Q32024: $872.20m).
The Iraq Insurance Bureau (Insurance Diwan) has issued new regulations covering domestic reinsurance operations.
Tokio Marine Kiln (TMK) has appointed Mr Cesar Silvestre as Head of Cyber Reinsurance Solutions. In his new role, he will lead the launch of TMK's new cyber reinsurance solutions offering.
Qatar-headquartered Doha Insurance Group is preparing to set up a branch in the Saudi Arabia insurance market to engage in reinsurance business, in an expansion of reinsurance operations overseas.