Saudi Re's shareholders approve 46.6% increase in issued capital

Published on October 14, 2025
Saudi Reinsurance Company (Saudi Re) has announced that its shareholders have approved an increase in the company's capital to SAR1.698bn ($452.8m) from SAR1.158bn, the reinsurer said in a statement.
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Africa Specialty Risks names Elaine Mason as Head of Claims

October 13, 2025
Africa Specialty Risks (ASR), the pan-African and Middle East-focused re/insurance group, has appointed Elaine Mason as Head of Claims, based in London.In her new role, Mason will lead ASR’s claims function, including furthering claims operations, philosophy, and technology. She will report to Tunu Sokiri, Chief Operating Officer, ASR.She will also design and implement a new talent strategy, inclu

Ramon Zandueta to lead KRM Re Brokers Philippines

October 14, 2025
KRM Reinsurance Brokers Philippines, a re/insurance broker, has appointed Ramon “Mon” Zandueta as its new Managing Director (MD) and Chief Executive Officer (CEO), effective September 1st, 2025.Zandueta is an industry veteran with four decades of experience, known for his long career at Marsh Philippines, where he served as CEO from 2004 until 2021 and later served as Chairman until 2023.Most rece