MIDDLE EAST IN FOCUS | Global Reinsurance

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MIDDLE EAST IN FOCUS
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News
Niyam secures Lloyd’s nod for India-focused syndicate
Niyam Group has received in-principle approval from Lloyd’s to establish a new syndicate, as it looks to deploy disciplined reinsurance capacity into India and other high-growth markets across Asia and Africa
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BMS launches in the DIFC as regional expansion continues
New Dubai platform for the re/insurance broker supports group strategy across MENA and Turkey
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Lockton Re hires Khan in Dubai to lead global property innovation and solutions
Former Aon and AXA XL analytics leader to drive digital and data-driven initiatives from the reinsurance broker’s Dubai hub
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Riyadh Re launches with $146m capital to build Saudi reinsurance hub
New reinsurer in the Kingdom of Saudi Arabia aims to strengthen domestic capacity and expand across MENA and global markets
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Adapt, evolve, grow – RVS Global Executive Breakfast Roundtable 2025
Senior reinsurance and insurance figures gathered over breakfast at the Hotel Hermitage in Monte Carlo to discuss the re/insurance sector’s ability to embrace resilience, relevance and opportunity in an era where global volatility and change is the only constant
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AM Best: Sub-Saharan reinsurers post strong results despite economic headwinds
Report from AM Best says the region’s reinsurers achieved double-digit returns on equity in 2024, supported by disciplined underwriting despite macroeconomic volatility
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South African business ‘favours reinsurers’ – ASR’s Paradine
South Africa remains favourable for property reinsurers, while softening has been limited for other African business, according to ASR’s head of treaty
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Specialty reinsurance growth opportunities despite market softening – IGI’s Jabsheh
IGI is targeting specialty reinsurance expansion , GR learned at RVS 2025, with CEO Waleed Jabsheh suggesting specialty could become 25% of the firm’s reinsurance book
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A market on the move: benchmarking survey
The MEASA region’s re/insurance market shows signs of resilience and untapped potential, according to GR’s RVS Benchmarking Survey for 2025
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Lockton Re launches MENA platform with Dubai operation
Monayer appointed CEO as reinsurance broker seeks to scale its regional reinsurance presence into the GCC and MENA markets.
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LSM names Cole to lead its UK & MENA distribution
Former Generali executive to oversee client and broker relationships across key markets
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Howden Re secures Dubai licence to expand MEA presence
New DFSA authorisation marks major step in the reinsurance broker’s regional growth strategy
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Two Saudi insurers MEDGULF and Buruj finalise merger deal
Buruj shareholders to receive 1.11 MEDGULF shares per share held in SAR 584m all-share agreement
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ACORD launches Dubai data hub with offer of one million free digital transactions
New ADEPT hub aims to accelerate digital transformation of UAE re/insurance market
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DIFC roundtable at DWIC 2025: Charting the path for global strength and momentum
At a closed-door roundtable hosted by DIFC, our re/insurance experts tackled the shape of resilience across the sector – debating AI, cyber, MGAs, and Middle East growth – and why evolving risks continue to the industry’s biggest opportunities.
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DWIC 2025 roundtable: Political violence market warns of rising exposures amid falling rates
Capacity is flowing into the political violence (PV) market in 2025, but practitioners speaking at a DWIC 2025 roundtable observed the influx is suppressing rates at odds with rising risk accumulations.
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Howden Re launches in Saudi Arabia
Reinsurance broker opens its doors in Riyadh with a group CEO nod towards the re/insurance opportunities created by KSA’s Vision 2030 strategy.
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LSM reshapes underwriting leadership in UK and MENA with new divisional directors
Mike Burle (pictured) will lead a new specialty division and Meghan Walker has been named divisional director for marine and aviation, Liberty Specialty Markets has announced.
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DWIC 2025: Africa’s insurance leaders call for local partnerships and patient capital
Panel discussion in Dubai highlights challenges and opportunities across a diverse continent.
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DWIC 2025: Unlocking growth in Central Asia’s complex, emerging markets
For Central Asian countries such as Uzbekistan and Kazakhstan, re/insurance is growing fast, but serious gaps in data and infrastructure remain.

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