Howden has announced leadership appointments and regional structure changes to better serve clients and insurer partners. According to a statement from the firm, these changes will more closely align expertise and shape the business to bring all of its growing capabilities and talent to clients across regional borders.
Global trade credit insurance company, Atradius, says that Qatar is the country among the six GCC states that is most exposed to the on-going military escalation in the Middle East.
The board of Al-Rajhi Company for Cooperative Insurance (Al Rajhi Takaful), among the top three Saudi insurers in terms of premiums, has proposed to increase in the capital of the company by granting bonus shares to the company's shareholders.
Bupa Arabia for Cooperative Insurance Company (Bupa Arabia or the Company) has announced that its shareholders have approved the demerger of the Company's assets and liabilities.
Arabia Insurance Cooperative Company (AICC) has announced the termination of the MOU and all negotiations related to the proposed merger with United Cooperative Assurance Company (UCA), based on the mutual consent of both parties, according to a statement AICC lodged with the Saudi Exchange (Tadawul).
The ongoing Iran-Israel military conflict that erupted on 28 February 2026 followed weeks of mounting tensions. But what began as a highly anticipated conflict has now surpassed expectations in both intensity and impact.
Saudi Reinsurance Company (Saudi Re) has announced its financial results for the year ended 31 December 2025, reporting net profits after zakat of SAR140m ($37.4m).
Malath Cooperative Insurance and Liva Insurance (KSA) have announced via the Saudi Exchange that they have agreed to extend a Memorandum of Understanding (MoU), regarding a potential merger between them. The extension is for a month until 23 March 2026.
The Insurance Authority (IA) in Saudi Arabia has issued a decision to suspend United Cooperative Assurance (UCA) from issuing or renewing insurance policies for all motor insurance products, including comprehensive motor insurance policies, effective from 19 February 2026.
Moody's Corporation announced yesterday that it has established a regional headquarters (RHQ) in Riyadh, Saudi Arabia, reflecting Moody's ongoing commitment to support the development of the Kingdom's capital markets and economy. This investment aligns with the Kingdom's Vision 2030 initiative, and underscores its dynamism and growth.