Specialist (re)insurance broker headquartered in the Dubai International Financial Centre (DIFC), AI12, has appointed Mr Joseph Barness as Head of Marine.
Allianz Partners, a world leader in insurance and assistance services, has announced a new strategic reinsurance relationship with Al Koot Insurance, Qatar's leading medical insurance provider.
Shareholders of Swiss Re have approved an ordinary dividend of $8 per share for FY2025. The dividend will be paid in Swiss francs, converted from USD, out of voluntary profit reserves, with distribution from 16 April 2026 onwards.
The Board of Directors of MAPFRE Re has approved the appointment of Mr Fernando Utrilla Agüero as CFO, as part of the succession process following Mr Daniel Quermia's upcoming retirement.
Kenya Reinsurance Corporation (Kenya Re) has proposed the establishment of a national flood risk insurance pool under a public-private partnership model, the reinsurer's Managing Director, Dr Hillary Wachinga, has said.
Bahrain-based FAIR Oil & Energy Insurance Syndicate has a track record of robust underwriting performance, demonstrated by a four-year (2022-2025) weighted average net/net combined ratio of 78.6%, as calculated by AM Best.
The Australian Reinsurance Pool Corporation (ARPC) has recorded a major milestone in its cyclone reinsurance pool operations, with total claim payments surpassing A$1bn ($703.4m) since the initiative was launched.
Reinsurance broker Guy Carpenter has appointed Mr Roger Tannous as Senior Vice President - Facultative Reinsurance at its DIFC operation.
Most property treaty programmes maintained a positive trend in the 1 April renewal period, building on the momentum from 2023 and 2024, according to Gallagher Re in its report titled "First View: Rethinking the Art of the Possible".