Specialist (re)insurance broker AI12 has appointed Mr Jamie Eaton as Head of Financial Lines in the Dubai International Financial Centre.
Qatar-based Seib Insurance and Reinsurance Co (Seib) has been gradually increasing its net shareholders' equity over the past few years, notes S&P Global Ratings (S&P) as it revises the outlook on the company to 'Positive' from 'Stable'.
The House of Representatives has approved, by majority vote 12 articles of the 2025 Insurance Contracts Law Bill, as submitted by the government, out of a total of 101 articles in the draft legislation. This took place during a legislative session on 23 February 2026.
Aon has appointed Mr Nicola Fraccalvieri as CEO of Global Facultative for Aon's Reinsurance Solutions, effective 1 March 2026.
Munich Re has appointed Ms Michaela Hannemann as Head of Non-Life for Australasia, effective 1 May 2026.
The International Financial Services Centres Authority (IFSCA) is set to submit a proposal to the Government of India to establish a special purpose insurance framework, with progress expected within the next two months, said Chairman K. Rajaraman at the Global Conference of Actuaries 2026 on 23 February.
Singapore Reinsurers' Association (SRA) has appointed Mr James Beedle as its Chair.
Oman has introduced natural catastrophe coverage in compulsory third-party motor insurance policies - the first such initiative in the Gulf Cooperation Council (GCC) region.
South Africa's largest short-term insurer, Santam, has been granted a licence to establish a reinsurance branch office at Gujarat International Finance Tec-City (GIFT City), the company announced in a 19 February press release. GIFT City is India's first operational greenfield smart city and International Financial Services Centre (IFSC).