The Insurance and Pensions Commission (IPEC) has ordered insurers, pension funds, brokers and medical aid societies to form and test contingency plans for events such as cyber attacks, floods, blackouts and market shocks.
The Fidelis Partnership (TFP) has appointed Ms Rebecca Matts as Head of Corporate Affairs, a newly created role.
Lockton has appointed Mr Ahmad El Tawil as Executive Director and Chief Broking Officer for Middle East and Africa.
Optio Group (Optio), an independent specialty MGA, has appointed Mr Jamie Jeffers as Managing Director of Optio Asia. He is based in Singapore.
The Korea Insurance Research Institute and the Institute of Insurance Economics at the University of St Gallen in Switzerland are collaborating on research to tackle emerging risks, including AI, self-driving vehicles, and cyber threats.
The Insurance and Social Security Supervisory Authority (ACAPS) has announced that 13 insurers out of a total of 25 in the Moroccan market will be subject to the risk-based solvency (RBS) scheme, which is set to come into effect in 2027, after 10 years of preparations. The scheme will start based on the accounts of the insurers for the 2026 financial year.
Following the announcement of Generali's new organisation, Mr Antoine Parisi, CEO of Redion Group, will join Generali's Group Management Committee on 1 January 2027.
AI12 has announced the promotion of Mr James Simmons to Group Head of Aviation.
The Dubai International Financial Centre (DIFC) is solidifying its position as the premier gateway for the Asia-Middle East-Africa reinsurance corridor, backed by rapid premium growth, according to Ms Gracita Aoa-De Gracia, Head of Insurance and Reinsurance at the DIFC Authority.