The Company for Cooperative Insurance (Tawuniya) plans to launch a reinsurance company by the end of 2025, pending key approvals from regulatory and supervisory authorities, revealed Tawuniya CEO Othman Alkassabi.
Conduit Holdings, the ultimate parent company of Conduit Re, has announced the appointment of Mr Stephen Postlewhite as CUO of the reinsurance business, effective 26 January 2026 and subject to Bermuda immigration approval.
Kingdom Brokerage Re (DIFC Office) has appointed Mr Bilal El Hoss as its new senior executive officer, according to the reinsurance broker's LinkedIn page.
The Saudi Insurance Authority will be organising a global insurance conference and exhibition in Diriyah from 10-12 November 2025.
Saudi Arabia and Bermuda will collaborate to build on the kingdom's financial services industry particularly in insurance.
The 20th Gulf Insurance Forum (GIF) concluded with a series of strategic recommendations for insurers and reinsurers across the GCC, underscoring the need to keep pace with fast-evolving regional and global developments.
The 21st Singapore International Reinsurance Conference (SIRC) opened with a strong message of resilience, collaboration and future-readiness as the global reinsurance community gathered in Singapore in record numbers.
Kuwait Reinsurance Company (Kuwait Re) reported a net profit of KWD12.96m for the first three quarters of this year (3Q2025), 36.4% higher than the KWD9.50m posted for the corresponding period in 2024, according to interim financial reports released by the reinsurer.
Saudi Reinsurance Company's (Saudi Re) reinsurance revenues surged by 45.27% year-on-year (YoY) to SAR1.19bn ($317.3m) in the first nine months of this year (9M2025) from SAR824.15m in 3Q2024.