Lockton Re MENA has appointed Mr Amr Afifi as Head of Life and Health, effective August. Based in the UAE, he joins from RGA MENA where he spent over 10 years as Regional Director - Business Development, Group, Individual (Health & Life) and Credit.
The insurance revenue of Gulf Insurance Group (GIG), a large regional insurance group, returned to growth in 2026, noted S&P Global Ratings (S&P).
Mandarin Re has appointed Mr Patrick Ward to its Board of Directors.
Qatar Insurance (QIC), the leading insurer in Qatar and one of the largest across the Middle East and North Africa, has announced that it delivered resilient net profit of QAR365m ($100m) in 1H2026, absorbing the impact of the regional geopolitical conflict as revenue growth and higher investment income underpin the result.
Qatar Insurance's (QIC) insurance service result for the first half of the year reflected the escalation of the conflict involving the US and Iran, one of the most significant events for the insurance market in the period.
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed to the energy, power and construction risk engineering team across MENA: Mr Richard Mundy as Principal Risk Engineer - Energy, Mr Sam McLachlan as Risk Engineer - Construction and Mr Taz Chowdhury as Risk Engineer - Power.
Moody's Ratings (Moody's) has said that its outlook for credit fundamentals for sovereigns in the Middle East and North Africa (MENA) has changed to negative from stable.
The re-escalation of armed hostilities between Iran and the US since late June points to the likelihood of a slow and bumpy road toward a more durable settlement in the region, says Moody's Ratings (Moody's).
The Arab War Risk Insurance Syndicate (AWRIS) has elected Dr Ali Al Wazaney as Chairman of its Technical Board for 2026-2029.
Active Capital Reinsurance (Active Re), a global reinsurer headquartered in Barbados, has announced that it closed 2025 with a combined ratio of 88.4% (2024: 94.5%), return on equity of 16.1% (2024: 17.3%), technical result of $26.7m (2024: $20m), and total equity of $108m (2024: $100.3m).