UAE: 2025 shaping up as an all-around positive year for insurance industry

Published on December 24, 2025
The UAE insurance sector is seeing a period of strength and growth, supported by increased premium volumes, improved profitability, higher investment returns, and a healthy competitive environment.
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Trueman and Shaw join Everest’s Global Wholesale & Specialty Insurance division

December 23, 2025
Everest Group, a Bermuda-based insurer and reinsurer, has announced two senior leadership appointments within its Global Wholesale & Specialty (GWS) Insurance division.Paul Trueman has been named Head of International, Global Wholesale & Specialty. In this role, he will oversee Everest’s underwriting, distribution, and portfolio strategy across international markets and lead the region’s key busin

AM Best assigns Credit Ratings to Prismic Life Re and PL Re International

December 24, 2025
AM Best has assigned Credit Ratings to Prismic Life Reinsurance, Ltd. (Prismic Life Re) and Prismic Life Reinsurance International, Ltd. (PL Re International), both domiciled in Bermuda, with a stable outlook.The ratings agency assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Prismic Life Re. PL Re Internationa