HDI Global has appointed Ms Alexandrine Ajavon as general manager global network Africa.
Lockton has announced the appointments of Mr Jad Ghazal as chief business officer - direct and Mr Shadi Al Mahameed as chief growth officer - direct.
Scientists have found that global warming in the Middle East and North Africa is making breast, ovarian, uterine and cervical cancer more common and more deadly. The rise in rates is small but statistically significant, suggesting a notable increase in cancer risk and fatalities over time.
Continental Reinsurance Group has announced appointments to both the group and to the Nigerian entity levels.
The global Islamic insurance sector generally maintained solvency positions above regulatory thresholds in 2024, although resilience varied across regions, says the Islamic Financial Services Board (IFSB).
Dusseldorf-headquartered international multiline reinsurer, Deutsche Rück Group, further expanded its business in the 2024 financial year while simultaneously strengthening its financial position, the group said in a statement released yesterday.
Gulf Insurance Group (GIG) has increased its net insurance result by 39% to KWD8.7m ($28.2m) in the first quarter of 2025, up from KWD6.2m in the corresponding period last year, primarily driven by a significant improvement in the performance of its underlying insurance operations across the majority of its subsidiaries and lines of business.
Regional reinsurer Arab Insurance Group (Arig) has reported a consolidated net profit of $1.6m attributable to shareholders for the first quarter of 2025, a fall of 81% from the $8.3m posted for the first three months of 2024.
Shareholders of Gulf Insurance Group (GIG) have approved the board of directors' recommendation to distribute cash dividend of 23% (23 fils per share) for the financial year ended 31 December 2024, amounting to approximately KWD6.5m ($21.23m).
MENA InsureLab, the first dedicated InsurTech venture builder and accelerator in the Middle East and North Africa, has officially launched its operations with headquarters in Dubai.