The Middle East war has added volatility, in particular, to specialty lines' 2026 earnings, according to S&P Global Ratings (S&P).
Abu Dhabi National Insurance Company (ADNIC) has announced the appointment of Mr Jugal Madaan as Acting CEO.
On Coral Triangle Day, the Insure Our Future coalition said most of the world's largest insurers and reinsurers have not ruled out providing support for liquefied natural gas (LNG) expansion in the Coral Triangle, despite concerns over the environmental risks posed by fossil fuel development in the region.
Africa Specialty Risks (ASR), a developing markets-focused (re)insurance group, has entered into an agreement for a strategic investment by London-headquartered Vitruvian Partners, an international investment firm, which will be ASR's new lead investor.
The Insurance Council of Australia (ICA) and the Insurance Council of New Zealand (ICNZ) will jointly work to establish a Resilient Insurance Markets Initiative, a formal partnership to coordinate advocacy, share expertise, and build more resilient communities across the region.
Markel Insurance, the insurance operations within Markel Group, has launched its fine art and specie offering in Australia, with the appointment of Mr Matthew Stock as Head of Fine Art and Specie - Australia.
Lockton Sime Malaysia has appointed Mr Siva Thangavelu as COO. He brings more than 20 years of financial services experience across banking and insurance to the role.
Saudi Arabian Cooperative Insurance Company (SAICO) has appointed Mr Khalid Ali Ballow as Acting CEO, effective 21 May 2026, according to a bourse filing on the Saudi Stock Exchange (Tadawul).
Marine hull war, marine cargo war and political violence business are seeing "extreme" stress levels, driven by vessel attacks, energy facility and property attacks, premium spikes and growing uncertainty around claims development., says Howden Re Business Intelligence.
Effective 1 July 2026, HDI Global will appoint Mr Thomas Kropp as COO/CIO. He will take over from Executive Board member Dr Thomas Kuhnt, who has personally decided to step down on 30 June 2026 in order to take up a new professional opportunity outside the Talanx Group.