Middle East
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March 18, 2024
Ferma’s survey deadline approaches
The deadline to take part in this year’s Ferma survey, which is open to risk managers around the world for…
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March 18, 2024
USAID and WTW working on parametric solution to boost climate change resilience
WTW is working with the US Agency for International Development (USAID) to deliver a parametric solution that will protect and…
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March 11, 2024
EMEA pricing flat in Q4 and easier than other regions: Aon
The EMEA insurance market was flat overall from a pricing perspective in the last quarter of 2023 and slightly easier…
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March 8, 2024
Reputation, supply chain and cyber pose biggest risks to global retailers, reveals WTW survey
Global retailers are finding it hard to get the right insurance at an acceptable price as the range of risks…
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March 7, 2024
Mosaic launches technology errors and omissions solution
A primary technology errors and omissions (E&O) solution has been launched by Bermuda-based specialty insurer Mosaic Insurance. The new coverage…
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March 5, 2024
War risk rates hold firm after Red Sea sinking: reports
Shipping war risk insurance rates have held steady after the total loss of UK-owned cargo vessel Rubymar at the weekend,…
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March 4, 2024
UK-owned ship Rubymar sinks in first major loss since Houthi Red Sea attacks
After months of avoiding a major incident since commercial ships came under attack by Houthi militants in the Red Sea,…
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March 4, 2024
European companies lead on board-level gender diversity
Europe is leading gender diversity league tables, according to Fitch Ratings, with nine European countries achieving the highest proportion of…
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February 20, 2024
Insurance industry in Bahrain forecast to grow
Estimates are that Bahrain's insurance market will reach $0.8bn in 2028, registering a CAGR of 2.6% from 2023-2028, according to…
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February 14, 2024
Strong growth forecast for Saudi Arabia’s general insurance industry
Saudi Arabia’s general insurance industry is expected to grow by 8.1% in 2024, according to GlobalData, supported by the health…
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February 13, 2024
WTW launches cyber cover for international buyers
WTW has announced new primary cyber and tech E&O cover, underwritten by Lloyd’s syndicates, for businesses headquartered outside Great Britain…
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February 9, 2024
Supply chain solutions creating more risks
In a world that becomes more dangerous by the day, risk managers are setting aside extra time to find alternatives…
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February 7, 2024
New business development regional directors at MAXIS Global Benefits Network
MAXIS Global Benefits Network (MAXIS GBN), has appointed two new regional directors in its business development team, covering EMEA and…
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February 6, 2024
Red Sea shipping attack claims likely to be low, says Moody’s
The risk of multiple losses from ships operating in the Red Sea is “low” and “remote”, according to analysis of…
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February 6, 2024
Tysers appoints senior brokers to build out MEA and Asia business
Specialist insurance broker Tysers has appointed two senior brokers to its team in Dubai, enhancing its property & casualty, construction…
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January 22, 2024
P&I club West covers launches piracy cover for high-risk waters
Protection and indemnity club West of England has launched a new piracy product for shipowners to manage the threat of…
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January 18, 2024
Underwriters insert UK, US and Israeli shipping exclusions for Red Sea transits
Underwriters are imposing exclusions on ships with links to the UK, UK or Israel continuing transit in the Red Sea,…
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January 3, 2024
Maersk and Hapag-Lloyd again pull vessels from Red Sea route
A P Moller-Maersk has stopped its vessels from using the Red Sea cargo route to the Suez Canal “until further…
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January 3, 2024
Travelers completes Corvus acquisition
Travelers has completed its previously announced acquisition of US-based cyber MGU Corvus for approximately $435m. Travelers said the deal was…
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January 3, 2024
Financial lines cover launched in Middle East by MS Amlin
Lloyd’s (re)insurer MS Amlin has launched financial lines cover in the Middle East in response to an increase in M&A…