The Finance Committee of the Jordan Insurance Federation (JIF) is studying a proposed new model and guidelines for calculating the solvency margins of insurers.
Gross written premiums for Kuwait's insurance market retreated in the fiscal year ended 31 March 2026 (FY2026), with the fall attributed largely to the health insurance business, according to the Insurance Regulatory Unit's latest Annual Report.
Everest Group has promoted Mr Craig Hanrahan to the role of Global Distribution and Chief Commercial Officer, effective 1 August 2026.
Liberty Mutual Insurance has promoted Mr Gareth Rees to the role of Global Lines Leader for its Global Transaction Solutions (GTS) business.
The size of the insurance market in Central Africa is about $1.1bn, with a penetration rate of no more than 0.7%, indicating the enormous potential for growth, especially with increasing urbanisation and infrastructure development, said the Insurers Federation of Egypt (IFE).
AIG has appointed Ms Christine Williams as Head of Global Client and Broker Relationships, effective 1 September 2026.
Markel Insurance, the insurance operations within Markel Group, has appointed Ms Sarika Sagar Gadekar as Claims Adjuster, based in Mumbai, India; and Mr Tan Weng Fatt as Senior Underwriter for Casualty, Malaysia.
Lockton has appointed Mr Jeremie Deschamps as Regional Head of Cyber Advisory for Asia; Mr Martin Allain as Head of Wholesale for Lockton Asia's Regional Placement Team; and Mr Michael "Mike" Griffiths as Regional Director, Healthcare, for the company's Professional and Executive Risk and Credit Team. All three are based in Singapore.