Saudi Arabia: Proposed Enaya-Salama M&A deal advances with signing of binding merger agreement

Published on August 20, 2025
Saudi Enaya Cooperative Insurance Company (Enaya) and Salama Cooperative Insurance Company (Salama) have announced that they have entered into a binding merger agreement.
Continue reading on website
Other news

US P&C insurance industry to remain profitable for several years: S&P

August 19, 2025
The US property and casualty (P&C) insurance sector is projected to remain profitable for the next several years, driven mainly by a rapid turnaround in the private auto sector in 2024, according to a recent S&P report.Rating agency S&P’s Global Market Intelligence 2025 US Property and Casualty (P&C) Insurance Market Report projects a narrower profit margin for 2025 and 2026, with the combined rat

Canopius names Jinnan Tang as Casualty Treaty Underwriter

August 20, 2025
Global specialty re/insurer Canopius Group has appointed Jinnan Tang as a Casualty Treaty Underwriter, effective August 11th, 2025, based in Singapore.Tang joins the Asia Pacific (APAC) regional team, reporting to Andrew Parker and Micia Yong in their respective leadership roles.He has over 12 years of experience across underwriting, pricing, reserving, and actuarial analysis. Tang’s cross-regiona