Deutsche Ruckversicherung's (Deutsche Ruck) recently established international market activities in property and casualty business across the Middle East, Asia and Latin America have been brought into closer alignment within a new International Growth Markets Division, with effect from 1 May 2026.
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, continues to solidify its position as a global (re)insurance hub, with gross written premiums reaching $4.2bn in 2025, an increase of 20% year-on-year.
Swiss Re reported a net income of $1.5bn and a return on equity (ROE) of 23.6% for the first quarter of 2026, driven by increased contributions from all business units, supported by low natural catastrophe experience and a strong investment contribution.
Paris-headquartered reinsurance giant SCOR has recorded a net income of EUR225m (EUR220m adjusted, that is, excluding the 'mark to market' impact of the option on own shares) in 1Q2026, supported by all business activities, the company said in a statement.
Soter Insure, which provides institutional-grade insurance for the digital asset economy, yesterday announced that it has received full authorisation from the Dubai Financial Services Authority (DFSA) for insurance intermediation.
The Financial Regulatory Authority has granted Misr Reinsurance Brokerage Company a licence to practise reinsurance brokerage activity in the Egyptian market.
The global reinsurance industry experienced an exceptional year in 2025, achieving record profitability and capital growth, according to Gallagher Re's Full Year 2025 Reinsurance Market Report.
Mr Kevin Rethual has been appointed CEO of Munich Re Retakaful, effective 1 June 2026. He will be based in Malaysia and report to Owais Ansari, Head of Regional Market Reinsurance MEA Munich Re.
African Reinsurance Corporation (Africa Re), together with a consortium of insurers and development partners and the Lagos State Government, has launched the Lagos Flood Risk Insurance Policy, sub-Saharan Africa's first parametric flood insurance solution.
Emirates Insurance Company has announced the appointment of Mr Jean Claus as CFO, effective 1 May 2026. His appointment followed the retirement of Mr Aart Lehmkuhl on 30 April 2026.