Saudi Arabia: Wataniya shows strong financial performance

Published on May 1, 2024
Wataniya Insurance Company has reported a significantly improved net profit of SAR85m ($22.7m) in 2023 (under IFRS17 accounting standards) versus a net loss of SAR28m in 2022, notes Fitch Ratings.
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Ardonagh Netherlands welcomes new executive team

May 1, 2024
Ardonagh Netherlands, the Dutch arm of independent broking groups, has announced the appointment of its in-country management team to lead the growth of local broking bands Léons Group, Klap Verzekeringsmakelaar and Classicus Private Insurance.The team includes the current CEO of Leons Group, Sunny Léons, who has been appointed Chief Executive Officer at Ardonagh Netherlands, and will be reporting

BRP becomes The Baldwin Group to demonstrate cohesive structure

May 1, 2024
BRP Group has rebranded to the Baldwin Group to reportedly reflect its transformation, growth and integration.The change is effective today, with the firm’s retail brokerage operations, which include the Insurance Advisory Solutions and Mainstreet Insurance Solutions operating segments, also anticipated to transition to The Baldwin Group brand in the coming months.Meanwhile, brands within The Bald