April 14, 2016
Lockton, the largest privately held, independent insurance broker in the world, has opened an office in Morocco, based in Casablanca Finance City (CFC), an economic hub for the region. Lockton’s Middle East operations serve clients in the marine, aviation, energy, …
August 12, 2015
ACE Group has appointed Ghassan Wazen, currently regional business development manager for ACE in MENA, to the new role of head of North Africa, as it continues to build its management capabilities within Eurasia and Africa, its newest geographical business …
August 12, 2015
The lifting of trade restrictions placed on Iran may present significant opportunities for the Middle East and North African (MENA) re/insurance market, with European participants also expected to re-engage and seek a foothold in the country, according to research published …
June 19, 2015
QBE European Operations has announced plans to grow its casualty business in the MENA region. Laetitia Parfitt joined the team in Dubai this week as senior casualty underwriter. Parfitt will be responsible for developing QBE’s casualty portfolio in the region …
June 9, 2015
JLT Re, the London-based provider of reinsurance broking and capital solutions, announced that Russell Walters has joined as a partner. Bradley Maltese, deputy CEO of UK & Europe, said, “Russell joins JLT Re with over 30 years of reinsurance experience …
June 8, 2015
ACE Group has promoted Mojgan Khoshabi to the role of regional managing director for ACE in the Middle East and North Africa, effective July 1. She will move to the new position from her current role as underwriting manager for …
May 19, 2015
Bermuda-based Arch Reinsurance Ltd., a member of Arch Capital Group Ltd., has completed the acquisition of Gulf Reinsurance Ltd. Gulf Re, a specialty reinsurer based in the Dubai International Financial Centre, was founded jointly by Arch and the Gulf Investment …
September 26, 2012
A report from A.M. Best examines the current state of the insurance market in the Middle East and North Africa (MENA) region. It notes that “over the past decade, the insurance industry has experienced strong growth in terms of premiums. …
July 23, 2012
London-based international reinsurance broker UIB has overhauled its property team with a view to doubling the division’s revenues. UIB appointed Mark Ritson, formerly a UIB Energy director, to head the property division and to spearhead its growth. The team has …
May 21, 2012
A.M. Best Co. announced the formal opening of its new office in the Dubai International Finance Centre (DIFC) in Dubai, UAE. The office is located in Tower 2, Currency House, DIFC, and “will operate as A.M. Best MENA, South & …