UAE: New circular for foreign (re)insurance representative offices issued

Published on November 20, 2025
The Central Bank of the UAE (CBUAE) has issued Circular 1/2025 on the Representation Offices of Foreign Insurance Companies and Foreign Reinsurance Companies Regulation (Rep Office Regulation),
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Swiss Re’s Oliver Dlugosch joins The Fidelis Partnership as Group Head of Aviation

November 19, 2025
The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has appointed Oliver Dlugosch as Group Head of Aviation, effective December 2025, based in London.In his new role, Dlugosch reports to Richard Coulson, Deputy Group Chief Underwriting Officer and Chief Executive Officer of Insurance at The Fidelis Partnership.His remit includes driving the firm’s continued growth

BBC Pension Scheme finalises £6bn longevity swap with Zurich & MetLife

November 20, 2025
The BBC Pension Scheme has completed a longevity swap transaction, covering approximately £6 billion of pensioner liabilities for around 21,000 members, with global insurer Zurich reinsurer MetLife.The deal is designed to provide the BBC Scheme – and the BBC as its sponsor – with further protection against the financial risk of members living longer than currently expected.Combined, the Scheme’s l