Reinsurance giant Munich Re has allocated EUR90m ($105.6m) in the first quarter of this year for claims for damages from the Middle East armed hostilities, according to the company's CFO, Mr Andrew Buchanan.
Hannover Re, one of the world's leading reinsurers, has reported a strong start to 2026, continuing positive trends from recent quarters, despite the uncertainties created by the Middle East conflict.
Russia's Central Bank has instructed Russian insurers to reinsure risks related to liquefied natural gas (LNG) supplies to China with Chinese insurers, reported the Odessa Journal.
Kuwait Reinsurance Company (Kuwait Re) has disclosed that it has not experienced any material disruption to its business due to the Iran war, as it released its 2026 first-quarter financial results.
Shareholders of reinsurance giant Hannover Re approved a dividend increase to EUR12.50 per share during the company's Annual General Meeting held on 6 May 2026. The figure is 39% higher than the previous year's total dividend of EUR9.00 per share.
MS Amlin has launched an industry-first consortium to boost property treaty capacity for all property per-risk lines. This additional capacity is expected to be particularly relevant for global data centres, where demand for higher limits continues to grow.
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.
Deutsche Ruckversicherung's (Deutsche Ruck) recently established international market activities in property and casualty business across the Middle East, Asia and Latin America have been brought into closer alignment within a new International Growth Markets Division, with effect from 1 May 2026.
Swiss Re reported a net income of $1.5bn and a return on equity (ROE) of 23.6% for the first quarter of 2026, driven by increased contributions from all business units, supported by low natural catastrophe experience and a strong investment contribution.