APAC has become what he described as "the engine room for global aviation industry growth and aerospace".
The Insurers Federation of Egypt (IFE) has published 11 recommendations to insurance companies covering maritime and transport risks, responding to on-going developments related to the US-Iran war, and the rapid repercussions on maritime and air traffic, international transport and trade routes.
The global aviation insurance landscape is undergoing a significant shift, as systemic risks increasingly shape underwriting priorities and market outlook.
Gallagher has promoted Mr Andy Winwood to the role of Senior Executive Officer for the Middle East and Africa, subject to regulatory approval.
Abundant insurance capacity and strong competition continue to create favourable conditions for commercial insurance buyers across most major lines of business, according to global insurance broker Aon in its Q2 2026 Global Insurance Market Insights report.
Crescent Egypt Insurance Brokers has welcomed Dr Mahmoud Ahmed El-Sherif as Chief Commercial and Marketing Officer.
MSIG Asia has appointed Mr Ronak Shah as Regional CEO, effective 1 October 2026. In addition to leading the insurer's operations across Southeast Asia, Hong Kong, India and Oceania, Mr Shah will assume regional leadership responsibility for Mainland China, Taiwan and Korea.
Syrian Airlines Holding Company has signed its first reinsurance contract with international reinsurers with high credit ratings in the Lloyd's market, the world's biggest specialist insurance marketplace.
The news that a Memorandum of Understanding on a peace deal has been signed between the US and Iran could be a positive step toward easing geopolitical tensions in the region.
The peace deal between the US and Iran to end the three-and-a-half-month-long conflict in the Middle East is likely to have a major impact on the insurance and reinsurance markets worldwide.