Kuwait Reinsurance Company (Kuwait Re) has posted a 40.9% increase in net profits to KWD19.9m ($64.9m) for the year ended 31 December 2025, according to the company's audited financial statements.
Aon has appointed Mr Joseph Peiser as CEO of Risk Capital. In his new role, he will lead Aon's risk capital capabilities across commercial risk and reinsurance Solutions.
Madrid-headquartered global reinsurer Mapfre Re has obtained official approval from the International Financial Services Centres Authority (IFSCA) of India to open a branch office in GIFT City in Gujarat, a decisive step forward in its growth strategy for Asia.
Independent brokerage CGRE has launched its aviation (re)insurance practice in Africa.
CGRE has announced that its new aviation (re)insurance practice will be headed by Mr Matt Gould as Head of Aviation.
Zambia based Klapton Re has received regulatory approval to operate in the Chinese reinsurance market.
Saudi Reinsurance has signed a reinsurance contract with Mediterranean and Gulf Insurance and Reinsurance Co (MedGulf).
Lockton has appointed Mr Julian Park as Head of People Solutions, South Korea and Mr Subhash Chandra as Head of Life and Health Reinsurance - People Solutions, Asia.
The African insurance sector is demonstrably on a path towards greater sustainability, with significant progress being made by key players across the continent, according to the "Current State Report 2025".