As tension escalates amidst the ongoing war in the Gulf, the General Arab Insurance Federation (GAIF) urges stakeholders to consider alternative solutions to strengthen the sector's capacity to deal with war risks.
The US International Development Finance Corporation (DFC) and Chubb have announced six additional American insurance partners that will provide reinsurance for DFC's Maritime Reinsurance plan.
Persian Gulf states have experienced material damage from retaliatory Iranian missile and drone attacks, following the commencement of hostilities between the US, Israel, and Iran on 28 February, according to a report released by Guy Carpenter, a Marsh business and leading global risk and...
The Insurance Authority has announced the transition to the mandatory implementation of the Risk-Based Capital (RBC) framework, effective 1 January 2027.