GCC: Global investment firm launches new insurance company to consolidate insurance industry

Published on December 1, 2025
Abu Dhabi-headquartered BlueFive Capital yesterday announced the launch of BlueFive Insurance, a dedicated platform to lead the consolidation, digitisation, and specialisation of the insurance
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Korean Re to open branch in India

November 30, 2025
(Korean-Re) Korean Re has received approval from the relevant authorities to open a branch in India.Located in GIFT City (Gujarat International Finance Tec-City), the new branch is set to begin operations in April 2026.This expansion is part of the South Korean reinsurer's strategy to strengthen its international presence, particularly in high-grow

S&P lifts Africa Re ratings to ‘A’ due to consistent strong performance

December 1, 2025
S&P Global Ratings has raised the long-term issuer credit and insurer financial strength ratings for African Reinsurance Corp. (Africa Re) and its South African subsidiary, African Reinsurance Corp. (South Africa) Ltd., to ‘A’ from ‘A-‘, driven by its long track record of strong operating performance while managing foreign currency risks as a result of operating in African countries.The outlook fo