Specialty insurance

Building capacity for the world's mega projects

Multilateral credit insurers are converting complex sovereign, trade, and mega-project exposures into viable, pre-underwritten risks for the global specialty reinsurance market, says Dr Khalid Khalafalla, CEO of The Islamic Corporation for the Insurance of Investment and Export Credit.

Soft pricing masks realities of the Middle East energy insurance market

In the wake of continued geopolitical tensions and reignited military strikes in the Middle East, a distinction between classes of business has emerged. The marine, aviation, war and political violence branches have seen a clear reassessment of both risk and pricing. However, property, downstream energy, electricity and renewable energy have remained flexible and competitive.

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Cyber insurance expands in GCC as resilience takes centre stage

Digital transformation, tighter regulatory requirements and rising cyber awareness are driving demand for cyber insurance beyond the UAE and Saudi Arabia, with SMEs increasingly turning to cyber insurance. Despite the increasingly complex threat landscape, market conditions remain favourable for buyers.

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