In this edition of the MEIR Dialogue, we speak to Norton Rose Fulbright's Partner and Head of Middle East Insurance Shabnam Karim on the far-reaching impact of the current conflict in the Middle East on the regional and global (re)insurance industry. The ongoing hostilities have created an extraordinarily complex risk environment, and insurers, reinsurers, brokers, and policyholders alike are grappling with a range of coverage, claims, and regulatory challenges that extend well beyond traditional war and terrorism exposures.
Swiss Re has appointed Mr Dean Galligan as Head of Transactions for the Life and Health Reinsurance (L&H Re) Business Unit, effective 1 August 2026.
Aon has appointed Mr Adam Rimmer as a Senior Property Specialty Broker and Mr Jimmy Mitchell as Vice President of Global ReSpecialty.
Miller has appointed Ms Lyndsey Bauer as Strategic Delivery Lead, Cyber. In her new role, she will be responsible for developing a more cohesive, joined-up approach to addressing cyber as a risk factor and managing cyber exposure across insurance portfolios.
QBE Re has appointed Mr Montassar Cherrak as its Regional Head of Middle East and North Africa (MENA).
Protection for directors of state-owned enterprises, the lack of international reinsurance coverage in major construction projects, and coverage for cyber attacks were three main issues raised at the Partner's Day 2026 conference organised by state-owned Compagnie Algérienne des Assurances (CAAT) on 12 May.
Hannover Re, one of the world's leading reinsurers, has reported a strong start to 2026, continuing positive trends from recent quarters, despite the uncertainties created by the Middle East conflict.
Reinsurance giant Munich Re has allocated EUR90m ($105.6m) in the first quarter of this year for claims for damages from the Middle East armed hostilities, according to the company's CFO, Mr Andrew Buchanan.
Russia's Central Bank has instructed Russian insurers to reinsure risks related to liquefied natural gas (LNG) supplies to China with Chinese insurers, reported the Odessa Journal.
Kuwait Reinsurance Company (Kuwait Re) has disclosed that it has not experienced any material disruption to its business due to the Iran war, as it released its 2026 first-quarter financial results.