GCC: Combined profits of listed insurers hold firm despite Saudi market dip in 9M 2025

Published on November 19, 2025
The combined net profit of 75 listed GCC insurers remained steady at $1.7bn in the first nine months of this year (9M2025), with mirroring trends from the first half of the year, according to a
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AM Best adjusts US excess and surplus lines segment outlook to stable

November 18, 2025
Credit rating agency AM Best has updated its outlook for the US excess and surplus (E&S) lines insurance market from positive to stable, reflecting slower premium growth and the beginning of rate softening.The agency reported that rate increases are easing in certain classes and that uncertainties in loss costs, including social inflation and the volatility of natural catastrophes, require careful

Colleen Kanniah appointed CEO of Afro Asian Re

November 19, 2025
Colleen Kanniah has been appointed CEO of Afro Asian Re RSA (Pty) Ltd., a subsidiary of the Afro Asian Group, based in Johannesburg, Republic of South Africa.Afro Asian Re RSA (Pty) Ltd. is the sixth addition to the Afro Asian Group’s growing network of subsidiaries across the African continent, and is established to offer reinsurance and structured solutions to the South African and Southern Afri