Qatar Insurance's (QIC) insurance service result for the first half of the year reflected the escalation of the conflict involving the US and Iran, one of the most significant events for the insurance market in the period.
Geopolitical instability, accelerating digitalisation and the global shift toward clean energy are reshaping Singapore's maritime insurance sector, according to Mr Cao Yueming, Vice President of Marine at MSIG Insurance (Singapore).
Composite insurance rates in the second quarter decreased 16% in the India, Middle East, and Africa (IMEA) region, the biggest fall across all regions analysed, according to Marsh, the global leading insurance broker.
Crescent Egypt Insurance Brokers has welcomed Dr Mahmoud Ahmed El-Sherif as Chief Commercial and Marketing Officer.
Saudi Arabia-flagged, owned or operated vessels, vessels en route to or from Saudi Arabia and the Kingdom's Red Sea ports are assessed at high risk of a Houthi attack, according to Ambrey Analytics.
Aon has expanded Mr Vlad Bobko's responsibilities to include Global Head of Strategy for Political Risk, War Risk and Crisis Management for Risk Capital, in addition to his current role as CEO of Central and Eastern Europe and Nordics.
The Arab War Risk Insurance Syndicate (AWRIS) has elected Dr Ali Al Wazaney as Chairman of its Technical Board for 2026-2029.
Everest Group has promoted Mr Craig Hanrahan to the role of Global Distribution and Chief Commercial Officer, effective 1 August 2026.