The Common Reinsurance Company of the Member States of the Inter-African Insurance Markets Conference (CICA-RE) and the West African Development Bank (BOAD) have signed a strategic partnership agreement, aimed at further integrating insurance and reinsurance mechanisms into the financing of development projects in the West African Economic and Monetary Union (UEMOA).
Société Tunisienne de Réassurance (Tunis Re) has a track record of adequate operating performance, illustrated by its five-year (2021-2025) weighted average return-on-equity ratio of 9.3%, says AM Best.
The captive insurance and insurance-linked securities (ILS) sectors in Singapore are forecast to see clear growth soon after the Protected Cell Company (PCC) framework is launched by the Monetary Authority of Singapore (MAS), according to Mr Simon Goh, Partner and Head of Insurance & Reinsurance Practice at the law firm Rajah and Tann Singapore.
Gallagher Re has appointed Ms Shreyaa Vohra as Executive Director. She is based in the DIFC, in Dubai, UAE.
AI12, a specialist (re)insurance broker, has appointed Mr Alfie Langley as Head of Cyber.
The Middle East conflict that dominated the first half of 2026 represents the fourth major supply shock to the global economy in the past six years, according to Swiss Re Institute's (SRI) latest sigma report ,"World insurance in 2026: Shock absorbers in a fragmenting world", released yesterday.
Asian insurers and the global insurance industry continue to suffer disruptive supply shocks and barriers to the free flow of goods arising from the Middle East conflict.
Al Ahleia Insurance Company (AIC) has maintained its strong underwriting performance and prudent investment profile, and significantly strengthened its business model over the past few years, notably thanks to its subsidiary, Kuwait Re, according to S&P Global Ratings (S&P) in a recent report.
Al Ahleia Insurance Company (AIC) has announced that it had received conditional approval from the Insurance Regulatory Unit (IRU) to add reinsurance activities to its licensed businesses.