Reinsurance News
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Chedid Re appoints Lazhar Charfeddine to general manager role
4th November 2019
Facultative reinsurer Chedid Re has announced the appointment of Lazhar Charfeddine to oversee the firm’s portfolio in North and West Africa as general manager. Charfeddine brings over 30 years’ experience and joins from Abu Dhabi National Insurance Company, where he served as executive vice president of claims, reinsurance and engineering services. Prior ... Read the full article
Dubai’s DIFC records highest GWP in its history at almost $2.6bn in 2023
29th April 2024
The Dubai International Financial Centre (DIFC) has reported the highest gross written premiums (GWP) in its history at close to $2.6 billion in 2023, an increase of 23% on the prior year's $2.1 billion. Alongside the highest GWP in 20 years, the DIFC also saw a 20% rise in registration of ... Read the full article
AIG announces promotion of Elie Oussi
3rd April 2024
American International Group, Inc. (AIG), a global insurer, has recently promoted Elie Oussi to the position of Senior Financial Lines Underwriter, FAC Reinsurance, GCC & North Africa (NA). In his new role, Oussi will collaborate with clients, insurance companies, and brokers across the Middle East, Africa, Turkey, and CIS countries, offering ... Read the full article
AIG names Nasr as Senior Property Underwriter, FAC Reinsurance, GCC & North Africa
1st March 2023
Global re/insurer AIG has appointed Rana Nasr as Senior Property Underwriter - FAC Reinsurance, GCC & North Africa. Nasr joins AIG from Active Capital Reinsurance, Ltd., where she served as regional representative & property underwriter. Prior to that role, she spent over three years working at Chedid Capital, a leading investment group ... Read the full article
Reinsurance broker ranking
24th October 2018
Top reinsurance brokers This ranking of the top reinsurance brokers in the world is based on data collated from annual reports and other company information sources. In certain cases its is estimated based on what we know about a reinsurance brokerage or reinsurance broking activities at a global intermediary. Featuring the top ... Read the full article
Simplitium adds CatRisk’s Middle East and Africa earthquake model to ModEx platform
29th August 2018
Simplitium, a global financial services technology provider, has announced that catastrophe risk modeller CatRisk Solutions is to offer its Middle East and Africa Earthquake Model on Simplitium’s multi-vendor ModEx platform. Additionally, Simplitium said that global reinsurance broker Chedid Re had been signed as the first joint client for the service, and ... Read the full article
MENA re/insurers expect insurance premiums to outgrow GDP
8th March 2017
A MENA Insurance Pulse 2017 survey conducted with senior re/insurance executives operating throughout the Middle East and North Africa, reveals an optimistic outlook within industry circles with 76% of participants expecting insurance premiums to outgrow the regions GDP. This forecast comes despite increasing geopolitical instability and continued economic slowdown. The survey is ... Read the full article
Reinsurance News – Monday 5th December 2016
5th December 2016
Here’s your daily Reinsurance News for Monday 5th December 2016: Swiss Re to cut back on P&C, but positive on re/insurance industry trends Reinsurance giant Swiss Re has said that the long-term outlook for the re/insurance industry is positive, highlighting growth potential in risk pools. The firm also revealed ... Read the full article
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