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The Ministry of Finance of Azerbaijan has awarded the first licenses to insurance companies that will allow them to offer reinsurance services only. 5 March 2014
News
Guy Carpenter has made several changes to its senior leadership team including appointing a new CEO of Continental Europe. 5 March 2014
Insurance
The insurance industry watchdog in Pakistan has taken the first steps towards what could become a fundamental overhaul of its regulatory regime for the insurance industry in the country. 4 March 2014
News
Sapiens International, a global provider of software solutions for the financial services industry, has hired insurance industry veteran Gary Sherne as executive vice president and managing director of its P&C/general insurance & reinsurance division. 25 February 2014
Insurance
Qatar Insurance Company (QIC) is to acquire Antares Holdings, a specialist insurer and reinsurer operating in the Lloyd’s market 13 February 2014
Insurance
Profits from the mandatory Dubai health insurance cover will be low, despite growth opportunities being present, says Moody’s. 12 February 2014
Alternative Risk Transfer
Farming communities in several African countries are to benefit from the formation of an index-based weather insurance programme that will offer them protection against adverse weather events and the effects of climate change. 9 February 2014
Insurance
The MENA Insurance CEO Club (MICC) has appointed its first female member, Lamia Ben Mahmoud, chairman and general manager of Société Tunisienne de Réassurance (Tunis Re). 4 February 2014
News
Q-Re, the Qatar-based reinsurer, expects to have grown its book by 43 percent in this year’s January renewals, despite removing some business it regarded as unprofitable. 4 February 2014
Insurance
Lloyd’s of London has confirmed that it is in talks to open a representative office in Dubai. 29 January 2014
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