Dubai Archives - InsuranceAsia News https://insuranceasianews.com/country/dubai/ Wed, 06 Aug 2025 08:36:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 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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Markel to buy P&I specialist MGA Meco https://insuranceasianews.com/markel-buys-pi-specialist-mga-meco/ Wed, 16 Apr 2025 13:19:18 +0000 https://insuranceasianews.com/?p=181370 The MGA with presence in Shanghai, London and Dubai will integrate into the specialty (re)insurer but will continue to operate through its brands Charterers P&I Club, Transmarine and Aurora P&I.

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Specialty (re)insurer Markel has agreed to acquire specialist marine MGA Meco Group to strengthen its presence in the segment, subject to regulatory approval, according to a release.
Meco will integra...

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MS Amlin launches credit, political risk offering in Dubai with India, MENA markets in sight https://insuranceasianews.com/ms-amlin-launches-credit-political-risk-offering-in-dubai-with-india-mena-markets-in-sight/ Tue, 11 Feb 2025 01:50:20 +0000 https://insuranceasianews.com/?p=175571 New business line will be led by Osama Elshiekh, senior underwriter for credit and political risk, reporting to senior executive officer for MENA Vipul Gupta.

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MS Amlin is launching a new credit and political risk offering in Dubai to expand its offering in the region and also service the “emerging growth hotspots” of India and Africa, according to a company...

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Mahindra Insurance Brokers opens Dubai office to tap MENA reinsurance growth https://insuranceasianews.com/mahindra-insurance-brokers-opens-dubai-office-to-tap-mena-reinsurance-growth/ Fri, 04 Oct 2024 05:18:40 +0000 https://insuranceasianews.com/?p=164131 The expansion allows the reinsurance broker to tap into the Middle East and North Africa market, expand client base and explore new opportunities in the region. 

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Mahindra Insurance Brokers has opened a reinsurance office at Dubai International Financial Centre (DIFC), a global financial hub in the Middle East, Africa and South Asia region, according to a press...

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HDI’s Asean and Australasia regional manager Willem van Wyk to head new Dubai office https://insuranceasianews.com/hdi-promotes-asean-australasia-market-manager-to-head-new-dubai-office/ Tue, 30 Jul 2024 05:52:01 +0000 https://insuranceasianews.com/?p=159307 The new hub will initially offer engineering, construction and property insurance products with other lines such as liability and marine being written from the insurer's Singapore office.

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Industrial insurer HDI Global has received a regulatory license from the Dubai Financial Services Authority (DFSA) to open an office in Dubai, which will be headed by Willem van Wyk, who was previousl...

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Howden Private Wealth names Benjamin Cheng as global CEO https://insuranceasianews.com/howden-private-wealth-names-benjamin-cheng-as-global-ceo/ Thu, 25 Jan 2024 22:30:13 +0000 https://insuranceasianews.com/?p=144865 Cheng was promoted to the global role from being the chief executive of Howden Private Wealth Asia.

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Global high networth insurance broker Howden Private Wealth (HPW) has named Benjamin Cheng as its new chief executive officer, a company statement said, after promoting him from CEO of HPW Asia.
In th...

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Nexus completes majority buyout of Spectrum Risk https://insuranceasianews.com/nexus-completes-majority-buyout-of-spectrum-risk/ Mon, 10 Apr 2023 09:38:51 +0000 https://insuranceasianews.com/?p=122503 Spectrum's presence within the MENA and Asia Pacific market fits with Nexus Underwriting's wider portfolio.

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Specialist MGA Nexus Underwriting has completed the acquisition of a majority stake in Dubai-based Spectrum Risk Management, a company statement said.
MGA Spectrum will transition to the Nexus brand,...

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