African Reinsurance Corporation (Africa Re), together with a consortium of insurers and development partners and the Lagos State Government, has launched the Lagos Flood Risk Insurance Policy, sub-Saharan Africa's first parametric flood insurance solution.
Emirates Insurance Company has announced the appointment of Mr Jean Claus as CFO, effective 1 May 2026. His appointment followed the retirement of Mr Aart Lehmkuhl on 30 April 2026.
Middle East Insurance Review (MEIR) has opened nominations for the prestigious Middle East Insurance Industry Awards (MIIA) for this year-which is the 13th annual edition.
Mr Kevin Rethual has been appointed CEO of Munich Re Retakaful, effective 1 June 2026. He will be based in Malaysia and report to Owais Ansari, Head of Regional Market Reinsurance MEA Munich Re.
Indonesia Re assessed that the pressure on the rupiah exchange rate against the dollar has the potential to increase reinsurance costs amid the escalation of conflict in the Middle East.
International reinsurance broker Willis Re has announced that Mr Richard Jones will be joining the company, effective October 2026, subject to all regulatory approvals.
In this edition of the MEIR Dialogue, we speak to Moody's Vice President - Senior Analyst Mohammed Ali Londe and Vice President - Senior Credit Officer Brandan Holmes on how the (re)insurance industry will adapt to the ongoing conflict in the long run.
Saudi Reinsurance Company (Saudi Re) has reported a net profit after zakat of SAR46.7m ($12.5m) in the first quarter of 2026, representing a 32% increase compared to SAR35.4m in the corresponding period of 2025, according to a statement released by the reinsurer.
Lockton has secured its reinsurance licence in the Kingdom of Saudi Arabia, and has announced that Mr Mohammed Al Rowais will lead the business.
Apollo, a Skyward Group Company, has launched its new international casualty reinsurance class of business, with Mr Tim Mackenzie slated to lead the class when he joins the company in October 2026.