Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed to the energy, power and construction risk engineering team across MENA: Mr Richard Mundy as Principal Risk Engineer - Energy, Mr Sam McLachlan as Risk Engineer - Construction and Mr Taz Chowdhury as Risk Engineer - Power.
Moody's Ratings (Moody's) has said that its outlook for credit fundamentals for sovereigns in the Middle East and North Africa (MENA) has changed to negative from stable.
The re-escalation of armed hostilities between Iran and the US since late June points to the likelihood of a slow and bumpy road toward a more durable settlement in the region, says Moody's Ratings (Moody's).
The Arab War Risk Insurance Syndicate (AWRIS) has elected Dr Ali Al Wazaney as Chairman of its Technical Board for 2026-2029.
Active Capital Reinsurance (Active Re), a global reinsurer headquartered in Barbados, has announced that it closed 2025 with a combined ratio of 88.4% (2024: 94.5%), return on equity of 16.1% (2024: 17.3%), technical result of $26.7m (2024: $20m), and total equity of $108m (2024: $100.3m).
Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has appointed Ms Sarah Howell as Head of Claims for UK and MENA, effective 1 July 2026. She joins the UK and MENA executive leadership team and global claims executive.
Reinsurance renewals in the Middle East remains concentrated on ensuring continuity of cover for clients during the evolving geopolitical tensions between Iran and the US, according to Guy Carpenter, a global risk and reinsurance specialist and a Marsh business.
Toronto-headquartered Manulife, a leading international financial services provider, is seeing growing demand for Shariah-compliant wealth planning solutions across the the Middle East, North Africa, and South Asia (MENASA) region, as affluent families place greater emphasis on succession planning, family continuity and long-term wealth preservation, according to Ms Bonnie Qiu, CEO of Manulife Global High-Net-Worth.
Lockton MENA Reinsurance Brokers has appointed Mr Zeeshan Ahmad as Treaty and Structured Solutions Leader.
Chedid Insurance Brokers Network, a fully integrated brokerage network and part of Chedid Capital Group, has announced the appointment of Mr Jad Kanbar as Regional CEO.