The war that broke out in the Gulf region, following US and Israeli strikes on Iran, has led insurers to cancel war risk covers and raise premiums for vessels sailing in the region and transiting the Strait of Hormuz.
Saudi Reinsurance Company (Saudi Re) has announced its financial results for the year ended 31 December 2025, reporting net profits after zakat of SAR140m ($37.4m).
Miller, the independent specialist (re)insurance broker, has agreed to acquire Shields Reinsurance Brokers (Shields", an independent reinsurance broker based in Dubai, subject to regulatory approval.
Swiss Re's Board of Directors has announced plans to nominate Mr Jean-Jacques Henchoz for election as a new,...
Specialty (re)insurance broker Consilium has launched its Energy Risk Solutions Division, and also appointed...