Saudi Reinsurance Company has obtained the Insurance Authority's approval to complete its acquisition of a strategic 22.5% stake in British company AdA Risk Holding, which owns the operating rights for Syndicate 2024 in the Lloyds insurance market.
The Jordan Insurance Federation (JIF) is working to establish a comprehensive digital platform to assist insurance companies in underwriting and compensation processes.
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).
Liberty Mutual Insurance has promoted Mr Gareth Rees to the role of Global Lines Leader for its Global...
Everest Group has promoted Mr Craig Hanrahan to the role of Global Distribution and Chief Commercial Officer,...