Middle East and Africa
This region's insurance markets are expected to undergo rapid expansion
Optio MENA begins trading in Dubai
Specialty managing general agent launches MGA and reinsurance broking operation that will initially focus on A&H business
Mosaic opens Dubai office to target MEASA risks
Bermuda insurer’s new Dubai office is its seventh underwriting hub
Gallagher launches Middle East energy risk engineering services
Broker hires Marsh executive to lead risk engineering in the region
Africa Specialty Risks names Paradine senior treaty writer
Pan-Africa reinsurance group hires WR Berkley senior vice-president to drive growth of proportional and non-proportional treaty products across the region
Marsh to take majority stake in Beassur Marsh
Global broker expands operations in North Africa after acquiring initial stake in Moroccan broker in 2019
Africa Specialty Risks inks $10m political risk capacity deal
Multi-year deal with Africa Re will give a wider array of corporates and investors access to specialty risk mitigation covers
Africa Specialty Risks strikes capacity deal
Partnership with Moroccan insurer Société Centrale de Réassurance will enable businesses to expand across the Africa and the Middle East
Brokerslink expands into Middle East with affiliate
The expansion will give Brokerslink local broking expertise in eight Middle Eastern countries
Swiss Re has capacity for EMEA cat growth if rates and structures right
Reinsurer says it needs to see improvements in retentions, pricing and terms and conditions to grow natural catastrophe book in the region, as German cedents indicate demand for up to €2.5bn more cat limit
MGA Focus – Africa Specialty Risks: Derisking Africa
As part of an ongoing series on MGAs, Insurance Day speaks to ASR about its growth plans and ambitions to bring more capacity and specialty insurance products to Africa
Optio establishes Dubai operation
Specialty managing general agent hires Besso Re executives to launch MGA and broking operation that will initially write A&H business
Gallagher Re hires Natixis' Delacroix as executive director
Delacroix will focus on a range of capital market activities, including ILS and collateralised reinsurance
BHSI names Hannoun as head of casualty for Middle East
Executive takes over the group’s Middle East casualty portfolio from Emir Erdur, who is to lead the group’s casualty underwriting team in the UK
Vesttoo and Clear Blue team up to secure $1bn from capital markets
Transaction is part of Vesttoo’s strategy to bridge the gap between the insurance and capital markets and scale insurance-linked investments as a source for reinsurance capacity
Private equity deals and Middle East demand drive M&A insurance optimism
Amid fears of a global recession, market participants remain upbeat and say volatility could make transaction liability insurance more attractive to buyers and sellers who want a quick and relatively less risky deal-making process
Intact closes sale of RSA Middle East
Deal was announced 10 months after Intact acquired RSA’s Canadian, UK, Irish, and international businesses
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.