The Fidelis Partnership (TFP), a specialty insurance and reinsurance group, has stated its intention to deepen and expand partnerships in the Middle East.
Following a high-level executive visit to the region, the re/insurer emphasised that consistent physical presence is vital for navigating the region’s current economic and geopolitical volatility.
TFP views direct, in‑market dialogue as critical to understanding real‑time developments and the evolving needs of clients operating in complex risk environments.
The Group has cultivated strong, ongoing partnerships throughout the Middle East, actively collaborating with various essential stakeholders, such as brokers, insurers, and reinsurers.
Notably, the Group has developed a robust trading relationship with Saudi Re over the last 18 months.
The visit was led by Charles Mathias, Deputy Chairman, and Billy Ayres, Head of Crisis Management at TFP, and in conjunction with Youssef Al Kareh, CEO & CUO of Fidelis MEASA and Matt Warren, Executive Chairman – Fidelis MEASA from TFP’s Abu Dhabi Global Markets team,
Charles Mathias, Deputy Chairman of The Fidelis Partnership, said: “The Middle East is a core part of our High Growth Markets strategy, and we believe strongly in being present, listening and supporting our partners and clients directly.
“This is a complex and fast‑moving environment, and our priority is to stand alongside clients and brokers, understand what they are facing, and provide solutions that respond to their needs.”
A central pillar of TFP’s regional strategy is Fidelis MEASA (Middle East, Africa, and Southern Asia). Based in the Abu Dhabi Global Market (ADGM), the hub was licensed in 2024 and became fully operational through 2025/2026
The Abu Dhabi office is led by Matthew Warren as Executive Chairman of Fidelis MEASA (Middle East, Africa, Southern Asia), with Youssef Al Kareh serving as CEO and CUO.
After a year of its launch, Fidelis MEASE delivered strong growth contributing a significant $88 million in Gross Written Premium (GWP) to TFP’s group-wide GWP of $4.6 billion in 2024.
Since its launch, Fidelis MEASA has played a key role in strengthening TFP’s presence and relationships across these high-growth markets, highlighting the region’s importance to accelerating its group-wide BRICs+ strategy.
“TFP continues to see both the UAE and the KSA as central to its long‑term ambitions in high‑growth markets. The Group expects further senior visits in the coming weeks as it maintains close contact with partners and reinforces its commitment to supporting the region during this period of heightened geopolitical and economic pressure,” the re/insurer stated.
