New threats to the maritime industry like GPS spoofing have emerged in some regions, such as the Middle East.
Aon has promoted Ms Jane Drummond to the role of Global Chief Commercial Officer (CCO), effective 1 January 2027. She will report to Mr Andy Marcell, Deputy CEO and SEVP, Risk Capital and Human Capital for Aon, and will serve as a member of the Aon Executive Committee.
Kazakhstan plans to widen conditions for the development of Islamic insurance (takaful) and the expansion of the range of Shariah-compliant insurance products, including allowing the forming of takaful windows.
The authorities have formed a specialised technical committee for pricing coverage offered by the Saudi Pool for Marine War Risk Insurance, according to Mr Tariq bin Ali Al-Fayez, Chairman of the National Insurance Committee at the Federation of Saudi Chambers.
Ransomware activity targeting the Middle East surged to its highest level during a 17-month period assessed by CloudSEK, jumping from 17 threat intelligence feeds in April 2025 to 357 in June 2026 - more than a 20-fold increase.
This year's edition of the Middle East Insurance Industry Awards (MIIA) continues to gain traction despite the challenging business and geopolitical environment. It remains clear that companies and individuals are determined to deliver their best and showcase their resilience.
The War, Terrorism, and Political Violence (WTPV) market has entered a materially more complex phase, according to Marsh Re. Middle East losses are being discussed at north of $2bn against an annual gross premium base of approximately $2.5bn, making this likely the first loss-making year for the class since 9/11.
Marine insurers have introduced new measures to restrict war risk coverage for ships operating in parts of the Red Sea, the Gulf of Aden and the Indian Ocean.
Najm, the national platform powering motor accident management across Saudi Arabia, has entered into a strategic partnership with Solera, the global leader in vehicle lifecycle management and claims solutions, marking a significant milestone in the company's expansion across the Middle East.
Corporate & Specialty insurer HDI Global has delivered a robust first half of 2026, driven by disciplined underwriting, lower large loss payments, and an increased investment result. In the Middle East, HDI Global Dubai continued to strengthen its regional presence by expanding its specialist capabilities and supporting clients navigating increasingly complex risks across key sectors including infrastructure, construction, energy and cyber.