The ongoing Middle East conflict demonstrates the takaful sector's limited direct underwriting exposure to geopolitical events, according to Moody's Ratings.
The first half of 2026 presents a clear divergence between growth and earnings quality for Oman's listed insurance sector, according to BADRI Management Consultancy, an international actuarial and risk consultancy.
Union Insurance Company's (Union) reported strong financial performance in the last two years with a net income return on equity (ROE) of 17.3% in 2025 and 17.1% in 2024 (2023: -1.2%) and a three-year average ROE of 11.1%, notes Fitch Ratings.
Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has appointed Ms Tressie Norton as Supercoverholders Underwriting Manager. She will report to Mr Stephen Tompson, Head of Supercoverholders, Delegated Authority Practice, based in London.