A new Lloyd's market consortium designed to provide additional marine war risk insurance capacity for vessels and cargo transiting the Strait of Hormuz was launched last week.
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has shown strong business growth in 2025.
Kuwait Insurance Company (KIC) has a track record of strong operating performance, demonstrated by a three-year (2023-2025) weighted average return-on-equity ratio (ROE) (including other comprehensive income, [OCI]) of 12%, notes AM Best.
SACE, the Italian export credit agency, owned by the Ministry of Economy and Finance, and Qatar Development Bank (QDB) have signed a reciprocal reinsurance agreement to support export credit transactions involving Italian and Qatari suppliers in international markets.