Lockton Re, the reinsurance business of the world's largest privately held independent insurance broker, has launched a new operation in Dubai.
Iraq Insurance Diwan (IID) has raised guarantee deposit requirements for insurers, according to a media statement issued by the insurance regulator.
MENA Insurance Lab (MENA InsureLab), a regional enabler of collaboration within the insurance industry, has signed a Memorandum of Understanding (MoU) with Tokyo-headquartered Plug and Play Japan, the global innovation platform, to empower innovation in the Middle East insurance ecosystem.