The Nigerian Council of Registered Insurance Brokers (NCRIB) has projected that Nigeria's insurance penetration could reach 3% in the next three years. In comparison, the current insurance penetration rate in the country is estimated at 0.5%.
Governments and regulators have fallen short in appreciating the role of the specialty broker, according to Mr Christopher Croft , chief executive of the London & International Insurance Brokers' Association (LIIBA).
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has published the final declaration of the Insurance Sector Consultative Meeting, which was held in September.
Lockton Re has appointed Mr David Bell as head of aviation.
The Lebanese Insurance Brokers Syndicate (LIBS) has entered a new phase where its focus is no longer limited to confronting immediate crises, but to building a strategic path that strengthens its presence as a key component of the Lebanese economy.
Howden has appointed Ms Susan Panuccio as group CFO, effective 6 January 2026. She will bring more than 30 years of global financial leadership experience to the company.
The Texel Group has appointed Mr Brandon Woo as a broker, effective 3 November, and Mr Jamie Stork as associate director.
KRM Re has appointed Mr Ramon "Mon" Zandueta as managing director and CEO.