The Asian Development Bank (ADB) has issued its first Disaster Relief Bond (DRB) offerings, also known as CAT bonds, in the Kyrgyz Republic and Tajikistan.
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, continues to solidify its position as a global (re)insurance hub, with gross written premiums reaching $4.2bn in 2025, an increase of 20% year-on-year.
Lockton has announced the appointments of Mr Jaideep "Jay" Sharma as CEO of Lockton India, subject to regulatory approval, and Mr Nicholas "Nick" Lee as CEO Designate of Malaysia, of Lockton Sime.
Soter Insure, which provides institutional-grade insurance for the digital asset economy, yesterday announced that it has received full authorisation from the Dubai Financial Services Authority (DFSA) for insurance intermediation.
The Financial Regulatory Authority has granted Misr Reinsurance Brokerage Company a licence to practise reinsurance brokerage activity in the Egyptian market.
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.
International reinsurance broker Willis Re has announced that Mr Richard Jones will be joining the company, effective October 2026, subject to all regulatory approvals.
The Ardonagh Group has appointed Mr Andrew Minnitt as CEO of its Asia business, subject to regulatory approval.
Lockton has secured its reinsurance licence in the Kingdom of Saudi Arabia, and has announced that Mr Mohammed Al Rowais will lead the business.
Misr Life Insurance, the state-owned life insurer in Egypt, has appointed Mr Saleh Imam as Vice President.