Middle East
South Korea poised to resume loading Iranian crude
South Korea and the National Iranian Tanker Company are rumoured to be close to a deal that could see the Asian nation resume the loading of Iranian crude before the end of September.
Oman consults Malaysia over draft Takaful rules
UK law firm Clifford Chance has submitted draft proposals for legislation to cover Takaful in the Sultanate of Oman.
Ace looks to strengthen travel business with internal promotions
Ace Group has made three changes to the travel team serving EMEA as the firm continues to build business across the region.
US tightens economic sanctions against Iran
The US Congress has passed a new package of economic sanctions against Iran, Reuters reported.
Iran expands tanker insurance in face of sanctions
Iran has promised to insure shipments of its oil to include Iranian and foreign tankers in the latest bid to circumvent insurance sanctions, AFP reported on Saturday.
Harrison takes EMEA role at Towers Watson
Global professional services company Towers Watson has appointed Keith Harrison to head up its reinsurance brokerage business in the Europe, Middle East and Africa region, following the appointment of his predecessor, Ross Howard, as global leader of its…
Argo Re recruits underwriter for Dubai team
Argo Group International Holdings has appointed Jason Dsouza as a casualty and professional lines underwriter for Argo Re in Dubai.
Insurance CEOs see Asia as most important for growth
Insurance chief executives see Asia as the most important growth region over the next 12-24 months, according to a survey by the Geneva Association.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Willis restructures international operations
Willis International has reorganised its Asia Pacific, Middle East and Africa operations amid a management resuffle.
Willis strengthens leadership in Asia and Middle East
Willis International has created three regional business units under new and expanded leadership in recognition of the size, growth and strategic importance of its Asia Pacific, Middle East and Africa operations to Willis Group Holdings.
Liberty Mutual launches event cancellation cover for MENA
Liberty International Underwriters and Liberty Syndicates have launched an initiative to provide a new event cancellation product for clients in the Middle East and North Africa.
Chartis to offer MENA clients $1.5bn per-risk capacity
Chartis, the property and casualty arm of American International Group, has increased its commercial property per-risk capacity to $1.5bn on a worldwide basis.
Middle East unprepared for 'inevitable' major earthquake
The Middle East could be staring down the barrel of a huge earthquake that would leave tens of thousands dead and destroy hundreds of thousands of homes, according to seismologists.
Oman Insurance Company agrees banacassurance tie-up
UAE-based Oman Insurance Company has formed an agreement with National Bank of Fujairah which will see the bank distribute insurance solutions on the insurer's behalf.
Towers Watson promotes Howard to insurance and reinsurance global leader
Towers Watson has appointed Ross Howard, pictured, to global leader for its insurance and reinsurance brokerage business effective from 1 October.
Psychopathy versus governance
Having recently relocated from Qatar back to Dubai I had the unenviable task of sorting through the various insurance and risk related books and papers I accumulated over the years.
Iranian crude finds Asian buyers despite insurance sanctions
Iran is still shipping oil to China, and Japan looks likely to resume imports in August, as Iran continues to circumvent Western sanctions on ship insurance, Reuters reported.
Clyde & Co to open Libya office
Law firm Clyde & Co is opening an office in Tripoli, which will be the firm's fifth in the Middle East and North Africa region.
UIB appoints new non-exec
Globsl reinsurance broker UIB has appointed Ralph Sharp as a board member and non-executive director for both UIB Ltd and UIB Holdings.
William Russell re-brands and launches new website to 'remain competitive'
Expatriate insurance specialist William Russell is launching a major re-brand to coincide with its 20th anniversary in the industry.
Crawford nabs Cunningham Lindsey COO for EMEA role
Crawford & Company EMEA/A-P has appointed former Cunningham Lindsey UK chief operating officer and chief finance officer John Jenner to commercial director and director of strategy & performance development for the region.
Zurich launches travel products for UAE residents
Zurich Insurance Group has launched a suite of travel insurance products specifically tailored for residents of the United Arab Emirates.
HSB poaches Abu Dhabi-based construction specialist
HSB Engineering Insurance has recruited Jim Whitmore to the role of loss control engineering manager for construction.