Kuwait: GIG's net profit hits US$46.5m in first nine months

Published on November 18, 2025
Gulf Insurance Group (GIG) reported a net insurance result of KWD11.6m ($37.9?m) for the first nine months of 2025, down from KWD24.9m in the same period last year.
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AM Best revises DUAE segment outlook to stable amid moderating growth

November 17, 2025
AM Best has revised its market outlook for the delegated underwriting authority enterprise (DUAE) segment to stable from positive, driven by moderating growth and emerging headwinds.Despite the shift, insurers and reinsurers remain broadly optimistic about the DUAE market. Strategic partnerships between carriers and DUAEs continue, and the segment is still expanding its market share, supported by

Lockton strengthens Switzerland presence with new offices in Zurich and Geneva

November 18, 2025
Global insurance broker Lockton has announced the establishment of new offices in Zurich and Geneva, strengthening its presence in Switzerland, with Stephan Bachmann appointed CEO of Lockton Switzerland GmbH.The expansion follows years of successful collaboration with Swiss-based multinational corporations and is a deliberate investment to bring high-touch, specialist service closer to large compa