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1 through 20 of 51 matching documents, best matches first.   Sort by date

Saudi Re to Lead Country's Marine War Risk Insurance Pool
Authority to lead the Saudi Marine Insurance Pool. The move follows approval by the Saudi Cabinet to establish a Saudi war-risk insurance pool for cargo and vessels, the reinsurer ...
Source: BestWire   Date: September 10, 2026
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Skuld Cancels Some War Risk Insurance Near Red Sea, Indian Ocean, Gulf of Aden
United States war with Iran. "In light of concerning developments in the Red Sea area, which have materially increased geopolitical and operational uncertainty, the association has ...
Source: BestWire   Date: September 1, 2026
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In Growth Effort, Saudi Re Takes 22.5% Stake in Lloyd's Underwriter AdA
Risk Holding is the holding company of AdA Underwriters Ltd., which operates AdA Syndicate 2024, an independent marine and specialty syndicate at Lloyd's, according to the filing. ...
Source: BestWire   Date: July 15, 2026
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Lockton Gains Reinsurance License in Saudi Arabia
Lockton International, said in a statement. "Proximity to clients is at the heart of our strategy and this expansion reflects our commitment to being there for them as their risk ...
Source: BestWire   Date: May 4, 2026
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Fidelis Exec: Middle East Market Remains Attractive Despite Conflict
... Alex Maloney said in a conference call. The Middle East conflict will likely see the market revisit its positions on political violence coverage as well as those of downstream ...
Source: BestWire   Date: May 1, 2026
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US $20 Billion Reinsurance Plan Initially Targets Gulf Hull, Cargo Risks
International Development Finance Corp. agreed on a plan approved by President Trump to deploy up to $20 billion for maritime reinsurance, including war risk, in the Persian Gulf ...
Source: BestWire   Date: March 10, 2026
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LMA: Vessels Worth $25 Billion Remain in Persian Gulf Area
Market Association said. About 1,000 vessels with an aggregate hull value exceeding $25 billion are in the Persian/Arabian Gulf and surrounding waters, about half of them oil and ...
Source: BestWire   Date: March 6, 2026
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IUMI: War Risk Cover Still Available for Middle East Shipping
International Union of Marine Insurance. "In the current fast-paced situation, insurers will regularly re-examine their ability and willingness to that provide cover, the IUMI said ...
Source: BestWire   Date: March 5, 2026
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US Development Finance Corp: Political Risk Insurance, Guaranty Products Ready for Gulf
The United States International Development Finance Corp. said it is ready to mobilize its political risk insurance and guaranty products in response to the war in Iran and any ...
Source: BestWire   Date: March 4, 2026
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Lloyd's Activates Event Response Team as Brokers Track Unfolding Iran Events
Great Britain, Willis, in an email to BestWire. "A particular challenge in the Persian Gulf is the lack of any viable alternative route other than the Strait of Hormuz, a narrow ...
Source: BestWire   Date: March 3, 2026
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Marine War Risk Coverage at Risk as Middle East Conflict Escalates
Mahesh Mistry, senior director, head of analytics, AM Best. "While much coverage has been given to oil price increases due to tankers being unable to proceed through the Strait of ...
Source: BestWire   Date: March 2, 2026
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Skuld Appoints SVP and Head of Skuld Piraeus
Marine mutual Skuld appointed Charlotte Valentin to succeed Kjell-Åke Augustsson as senior vice president and head of Skuld Piraeus, effective March 1. Valentin was appointed ...
Source: BestWire   Date: February 2, 2026
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Korean Re Becomes Latest Reinsurer to Open Branch in India's GIFT City
India to open a branch in India's GIFT City (BestWire, Jan. 19, 2026). The reinsurer has been operating in the Indian market for more than 10 years through its headquarters in ...
Source: BestWire   Date: January 30, 2026
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In Expansion Move, Saudi Re Gains Access to India's GIFT City
Gujarat International Finance Tec City. The reinsurer has been operating in the Indian market for more than 10 years through its headquarters in Riyadh, it said in a statement. It ...
Source: BestWire   Date: January 19, 2026
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Skuld Posts Nine-Month Loss, Warns on Rates
Marine mutual Skuld increased its result for the fiscal third quarter, but saw a nine-month loss in a difficult claims environment as it warned about rate challenges heading into ...
Source: BestWire   Date: December 9, 2025
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 Market Segment Report: Conditions are Testing, but MENA Reinsurance Capacity Remains Dynamic and Abundant   Set up an alert from the report page
AM Best expects companies’ rating fundamentals to remain resilient against the backdrop of challenging economic and political conditions.
 Data
Source: Market Segment Reports   Date: September 26, 2025

Marine Market Facing Challenges Amid War, Political Tensions, Industry Watchers Say
Mike Ingham, executive director, marine hull, Gallagher Specialty. The market has also seen several high-profile losses related to fires. These involve both standard marine and war ...
Source: BestWire   Date: September 17, 2025
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Marine Mutual Skuld Boosts Six-Month Result on Underwriting, Investment Gains
Marine mutual insurer Skuld posted a higher fiscal first-half member balance on improved underwriting and investment results despite ongoing geopolitical and economic ...
Source: BestWire   Date: September 8, 2025
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Marine Mutual Skuld Posts Lower Fiscal 2024 Profit on Rising Claims Frequency
Group of P&I Clubs had "a significant impact," the insurer said. Skuld said its financial and solvency position is strong, and it has contingency reserves or $562 million, making ...
Source: BestWire   Date: May 12, 2025
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 Market Segment Report: MENA Reinsurer Performance Benefits from Pricing Environment, Higher Interest Rates
Reinsurance capacity for the MENA region remains plentiful, sourced through large global reinsurers, regionally domiciled reinsurers, and carriers domiciled elsewhere in Africa and...
 Data
Source: Market Segment Reports   Date: September 30, 2024


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