Moody's Ratings (Moody's) yesterday upgraded ASR Re's insurance financial strength rating (IFSR) to 'A3' from 'Baa1'. The outlook has been changed to 'Stable' from 'Positive.'
AM Best has maintained its stable outlook on the global non-life reinsurance segment, noting that it remains fundamentally strong even as it moves past the peak of the hard property market.
More than 1,500 participants from 44 countries have registered for the 35th General Conference of the General Arab Insurance Federation (GAIF2026), highlighting the event's growing regional and international profile, said the Jordan Insurance Federation (JIF) in a statement. The total number of attendees expected to reach around 2,000 as registration continues, said the JIF.
Insured losses are expected to be modest relative to economic losses with reinsurers expected to absorb a significant portion of the insured losses, says AM Best.
Listed reinsurer Kenya Reinsurance Corporation (Kenya Re), which is 60% owned by the government, has posted a record KES2.25bn ($17.32m) in consolidated net profit for the first half of this year, 42.8% higher compared to the corresponding half in 2025.
Milli Reasurans Turk Anonim Sirketi (Milli Re) has a track record of adequate earnings generation, evidenced by consolidated and unconsolidated return on equity (ROE) that on average has exceeded 40% over the past five years (2021-2025), AM Best noted.
Qatari Islamic Insurance Group (QIIG) has obtained obtained a licence from the authorities of the International Financial Services Centre in Gift City in Gujarat City to open a branch in India.
Arab Insurance Group (Arig) has announced that it had received notification of a non-binding letter of intent for the acquisition of a 51% stake in its issued and fully paid-up ordinary shares.
Sukoon's strong market position reflects its status as the UAE's fourth-largest insurer and one of the largest insurers in the MENA region, notes Moody's Ratings (Moody's).
Over the coming four years, the Australian Reinsurance Pool Corporation (ARPC) is planning to strengthen delivery of Australia's terrorism and cyclone reinsurance pools, while making greater use of its unique data and insights to support risk mitigation and resilience.