Willis International, the broker’s’ retail division, announced that in “recognition of the size, growth and strategic importance of its Asia Pacific, Middle East and Africa operations, it has created three regional business units under new and expanded leadership.” Willis Asia …
Willis Re, the reinsurance arm of Willis Group Holdings, announced the appointment of Kieran Angelini-Hurll as Regional Director of its Indian Sub-Continent, Middle East, North Africa and Turkey operations, a newly created post within the group. He will be based …
A.M. Best Co. announced the formal opening of its new office in the Dubai International Finance Centre (DIFC) in Dubai, UAE. The office is located in Tower 2, Currency House, DIFC, and “will operate as A.M. Best MENA, South & …
Talbot Underwriting, Ltd., a wholly owned subsidiary of Validus Holdings, announced the appointment of Matthew Warren as CEO of Talbot Underwriting (MENA) Ltd., formally known as Underwriting Risk Services (Middle East) Ltd. He has over 26 years international experience in …
A recent bulletin points out that the “future of the MENA [Middle East North Africa] Insurance market remains bright, but the local insurance companies must start their transition from fragmented companies to become national champions and regional players now.” The …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., announced that Ahmed Rajab, an executive with 15 years of experience in the reinsurance industry, will become CEO, Middle East & North Africa. The bulletin noted that this …
The Bermuda-based Argo Group International Holdings announced that it has established a “locally domiciled insurance operation in the heart of the Dubai International Financial Center (DIFC).” The new company – Argo Re (DIFC) Ltd. – is a subsidiary of Argo …
A newly issued special report from A.M. Best notes that although the “reinsurance environment in the Middle East and North Africa (MENA) region is stagnant in many aspects, it also contains many elements that are in an exciting stage of …
Aon Risk Solutions, the global risk management and insurance brokerage business of Aon Corp., announced three senior-level appointments for Aon GRIP Solutions in Europe, the Middle East and Africa. Aon GRIP Solutions “provides insurance carriers with analytical insights regarding their …
A report from Towers Watson has concluded that “motor insurance losses in a number of Middle East countries have dropped sharply thanks to traffic safety measures,” which have reduced accident and casualty rates by 30 to 50 percent over the …
