Middle East Archives - InsuranceAsia News https://insuranceasianews.com/country/middle-east/ Tue, 16 Dec 2025 11:38:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Everest’s Adam Clifford rejoins AIG as CEO for international commercial insurance https://insuranceasianews.com/everests-adam-clifford-rejoins-aig-as-ceo-for-international-commercial-insurance/ Tue, 16 Dec 2025 11:30:44 +0000 https://insuranceasianews.com/?p=207101 Clifford previously spent over seven years at AIG in casualty roles in London and Singapore. 

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AIG has reappointed Adam Clifford as chief executive officer for international commercial insurance, effective January 5, according to a statement.
London-based Clifford (pictured) previously spent ov...

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The post Everest’s Adam Clifford rejoins AIG as CEO for international commercial insurance appeared first on InsuranceAsia News.

]]> HDI Global launches Middle East energy hub with John Morrell at the helm https://insuranceasianews.com/hdi-global-launches-middle-east-energy-hub-with-john-morrell-at-the-helm/ Mon, 10 Nov 2025 07:43:09 +0000 https://insuranceasianews.com/?p=204230 The Dubai-based team, which has also added Shumaila Shakeel, will focus on generating new clients in the region while existing relationships will be managed by its Singapore hub.

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HDI Global has tapped John Morrell as head of energy and power underwriting to lead its newly created Middle East energy hub.
In a statement on Monday, HDI said that Dubai-based Morrell's appointment ...

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]]> Marsh names Guy Bessis as power and energy chairman for India, the Middle East, and Africa https://insuranceasianews.com/marsh-name-guy-bessis-as-power-and-energy-chairman-for-india-middle-east-and-africa/ Mon, 10 Nov 2025 05:49:28 +0000 https://insuranceasianews.com/?p=204251 Dubai-based Bessis previously held the global head of sales for energy and power position for over 17 years. 

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Marsh has announced the appointment of Guy Bessis as chairman of energy and power for India, the Middle East, and Africa (IMEA), according to a LinkedIn post from the insurer.
Dubai-based Bessis (pict...

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]]> Policybazaar for Business expands to UAE, Qatar, Oman, Sri Lanka https://insuranceasianews.com/policybazaar-for-business-expands-to-uae-qatar-oman-sri-lanka/ Tue, 02 Sep 2025 02:01:41 +0000 https://insuranceasianews.com/?p=198888 Indian reinsurance broker, which offer fac and treaty placements spanning property, marine, liability, cyber and climate-linked risks, seeks to build a pan-Asian and Middle Eastern reinsurance presence, as first reported by IAN.

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Policybazaar for Business, the (re)insurance broking business of Indian insurtech Policybazaar, launches operations in the United Arab Emirates, Qatar, Oman and Sri Lanka, according to a company annou...

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]]> Policybazaar for Business expands to UAE, Qatar, Oman, Sri Lanka https://insuranceasianews.com/policybazaar-for-business-expands-to-uae-qatar-oman-sri-lanka/ Tue, 02 Sep 2025 02:01:41 +0000 https://insuranceasianews.com/?p=198888 Indian reinsurance broker, which offer fac and treaty placements spanning property, marine, liability, cyber and climate-linked risks, seeks to build a pan-Asian and Middle Eastern reinsurance presence, as first reported by IAN.

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Policybazaar for Business, the (re)insurance broking business of Indian insurtech Policybazaar, launches operations in the United Arab Emirates, Qatar, Oman and Sri Lanka, according to a company annou...

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The post Policybazaar for Business expands to UAE, Qatar, Oman, Sri Lanka appeared first on InsuranceAsia News.

]]> Howden Re secures Dubai licence for Middle East, South Asia push https://insuranceasianews.com/howden-re-secures-dubai-licence-for-middle-east-south-asia-push/ Wed, 06 Aug 2025 08:36:00 +0000 https://insuranceasianews.com/?p=196942 Dubai International Financial Centre operation will focus on its treaty, facultative and MGA reinsurance offerings across the Middle East, Africa and South Asia regions.

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Howden Re has secured a full reinsurance license from the Dubai Financial Services Authority to operate from Dubai International Financial Centre (DIFC), according to a press release.
The expanded Dub...

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]]> Further war rate adjustments expected amid intensifying Middle East conflict, Swedish Club warns https://insuranceasianews.com/further-war-rate-adjustments-expected-amid-intensifying-middle-east-conflict-swedish-club-warns/ Fri, 20 Jun 2025 06:00:28 +0000 https://insuranceasianews.com/?p=193356 P&I club also anticipates increased focus on compliance-related issues in order to identify certain increased risk elements.

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The Swedish Club has warned of further rate adjustments in the war market as the conflict between Israel and Iran becomes intense, the P&I club told InsuranceAsia News (IAN).
Tensions have risen i...

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]]> Specialty market set to be tested in the fire once again as Iran escalation evokes memories of Gulf War https://insuranceasianews.com/as-iran-escalation-evokes-memories-of-the-gulf-war-specialty-market-set-to-be-tested-in-the-fire-once-again/ Thu, 19 Jun 2025 23:30:24 +0000 https://insuranceasianews.com/?p=193278 Conflict between Israel and Iran is bringing back memories of the Gulf War, which was seen a key testing ground for the resolve of the marine market, with numerous attacks on ships.

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As I write this, all eyes are, once again, on US President Donald Trump, who left the table at this week’s G7 summit in Canada early in order, he specifically said, not to arrange a ceasefire between ...

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]]> Marine insurers lift prices for Strait of Hormuz by 60% amid safety fears: FT https://insuranceasianews.com/marine-insurers-lift-prices-for-strait-of-hormuz-by-60-amid-safety-fears-ft/ Thu, 19 Jun 2025 08:58:51 +0000 https://insuranceasianews.com/?p=193306 Cost of cover for a US$100m ship has risen from US$125,000 to US$200,000 since the start of the conflict between Israel and Iran last week, according to Marsh McLennan.

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Prices for ships travelling through the key Strait of Hormuz have jumped more than 60% since the start of the conflict between Israel and Iran last week, according to a report in the Financial Times.
...

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]]> Strait of Hormuz tanker collision highlights dark fleet dangers, but not seen as war event https://insuranceasianews.com/strait-of-hormuz-collision-highlights-dark-fleet-dangers-but-not-seen-as-war-event/ Wed, 18 Jun 2025 23:30:32 +0000 https://insuranceasianews.com/?p=193201 Adalynn and Front Eagle collided on Tuesday in the Strait of Hormuz amid the ongoing tensions between Iran and Israel.

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A collision and subsequent fires aboard two tankers off the coast of the United Arab Emirates are not being viewed as a "market-changing" event, but highlight the dangers of the so-called dark fleet, ...

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