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Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon - SCOR Warns of Ukraine Conflict Impact on Q1 2022 Results - AM Best turns negative on French life and non-life sectors - Lockton launches Insights & Innovation Lab - Howden Acquires 2 Italian Brokers Nord Est Insurance Broker and ASI - UK Brokerage Group Jensten Simplifies Corporate Structure, Brands - AUB Group confirms Tysers discussions ongoing - New capital requirements in Japan are credit positive: Moody’s - AM Best assigns positive credit ratings to Fortitude Re - P&C reinsurers see profit & premium improvement: RAA - MAPFRE outlines new strategy, targets 6% premium growth - Insured losses from Australia floods now above $2bn, says ICA - India’s State-Run Insurer LIC Set to Launch Record $8 Billion IPO on March 11: Sources - QBE returns to profitability in 2021, helped by premium growth - Mosaic activates more capacity to meet transactional liability risks - Bahrain: Insurance market expected to grow at faster pace in 2021-2026 compared to 2015-2020 - Tokio Marine triples international profits through Q3 - Marsh McLennan appoints new director - Sompo International Opens German Headquarters in Cologne - Qatar: Several favourable factors fuel insurance market growth - AXA Completes Sale of Singapore Business to HSBC - UK Insurer Beazley Sees Opportunity (and Risk) in Cyber Market - GCC: Insurance industry predicted to grow at CAGR of 3.2% in next 5 years - GAIF: Insurance players discuss 3 major challenges at Rendez-Vous de Carthage - Aon’s Reinsurance Solutions contributes to robust revenue growth in 2021 - Beazley’s Digital Division Launches, Aiming to Transform Brokers’ Access - LMA Announces ‘At-the-Box’ or ‘In-the-Office’ Availability for Lloyd’s Underwriters - Natural Disasters Cost Insurers $116B in 2021, or 63% Higher Than Average: Gallagher Re - QBE Launches Sustainable Energies Unit to Support Clients’ Transition to Lower Carbon - Insurtech MIC Global Receives ‘In-Principle’ Approval to Launch Lloyd’s Syndicate - FERMA Launches Risk Management Tool for Remote Working - Allianz and UniCredit Expand Longstanding Multi-Country Bancassurance Agreement - UK Insurer First Central Weighs Sale That Could Value Business at £600M: Sources - UK Business Closures Jump 14% as Pandemic Takes Brutal Toll on Small Firms - Everest Re Group Signs UN Principles for Sustainable Insurance - Climate Risk Is Top London Market Challenge, IUA Survey Shows - In Both Hard and Soft Markets, Zurich Aims to Maintain Focus on Underwriting Discipline - UK Insurtech Zego Expands in Europe, Targeting £20B Fleet Insurance Market - Cyber MGA Resilience Becomes Lloyd’s Coverholder - Lloyd’s Weighs Future of Headquarters as Market Embraces Flexible Working - Reinsurers’ 2022 Profit Outlook Better Than Primary Insurers: Fitch - ‘Cybersecurity Failure’ Named a Critical Global Threat in WEF Survey Report - UK Cyber Insurtech KYND Receives £3.25 Million Investment from BGF - Canada’s Insured Catastrophe Losses Exceed C$2 Billion in 2021: CatIQ - Global M&A to Remain Strong in 2022 as Valuations Reach Record Highs: WTW - Fortitude Re Forms Bermuda Multi-Line Reinsurer, Buys U.S. Life Insurer - Canada’s Insurers and Banks Rethink Return-to-Office Plans Amid Omicron Concerns - Allianz completes $35bn reinsurance agreement with Resolution Life - January Renewals ‘Orderly’ but Loss-Affected Programs Saw More Challenges: Carpenter - Tokio Marine Appoints Hirai as CEO for Asia Region - Zurich Insurance to Sell Italian Life and Pensions Back Book to Portugal’s GamaLife - China Approves HSBC Acquisition of 100% of Insurer Joint Venture - Reinsurance leaders see real-time data tools as ‘game-changer’ - Aspen implements e-placing platform Whitespace - Marsh Increases Shareholding in Marsh India from 49% to 92% - Global Shipping Industry Faces Growing Pressure to Cut Greenhouse Gas Emissions - AM Best Upgrades Ratings of Canada’s Co-operators General and Sovereign General - Exor, Again, Agrees to Sell PartnerRe to France’s Covéa for $9 Billion (€7.8 Billion) - Swiss Re Reorganizes Group Operations, Names Ladva Group CTO, as Bronder Exits - Life insurers to see return pressure, manageable losses in 2022: Fitch - Rising Reinsurance Prices and Demand Help to Create Stable Sector Outlook: AM Best - Global: Primary insurers' quest for capital efficiency boosts reinsurance growth - Marsh McLennan Agency acquires InSource - Libya: Insurance regulator vets applications for reinsurance licence - Willis Towers Watson Acquires Sydney-Based Aviation Broker Aerosure - Arthur J. Gallagher Completes Minority Investment in MENA Specialist Broker ACE - UK Broker Aston Lark Acquires Client Book of Choice Benefits - Bahrain: Medical and life insurance business drive growth in insurance market in 1H2021 - Rise in Insurance Demand Likely to Break Premium Records in 2022: Swiss Re - Convex Europe Receives UK Regulatory Approval - Willis Towers Watson Launches Industry Risk Forum for Ports and Terminals - Algeria: Takaful agencies set to open by yearend - Insurtech Startup Kettle Raises $25M to Expand Wildfire Reinsurance Protection - Claims Services Provider McLarens Forms Strategic Alliance With Polish Firm Saltex - Allianz COO Stephanie Smith to depart - Reinsurance pricing expectations high across lines, survey shows - Guy Carpenter and Marsh to Combine South Africa Facultative Reinsurance Businesses - Guyana Weighs Raising Requirements for Insurance Cover for Oil Spills: Official - Apollo’s Syndicate 1971 to Open for Trading in 2022 - Climate models are becoming increasingly critical: Aeolus - Willis Appoints 4 New Directors, Including Former Lloyd’s CEO Beale - China’s Ant Group Reports 39% Rise in Profits on Investment Gains - Finance System Is Getting More Dangerous, Not Safer: Allianz CEO - Update: Zurich Insurance Will No Longer Underwrite New Oil Exploration Projects - Rise in Insurance Demand Likely to Break Premium Records in 2022: Swiss Re - Allianz Becomes First Wholly Foreign-Owned Life Insurer in China - Essent secures $439mn mortgage reinsurance transaction - WhenFresh partners with Ambiental on FloodScore Climate data - People Moves: Allianz Global Corporate & Specialty Appoints 5 to Leadership Team - U.S. Severe Weather Insured Losses Surpassed $20B After Rough October: Aon - Big Europe Reinsurers See Strong 9M Earnings Despite High Natural Disaster Losses - Berkshire Hathaway General Reinsurance Unit Launches Mideast Office in Dubai - Aston Lark Acquires UK-Based Innovation Broking - Reinsurers will find common ground on pricing at renewals: TigerRisk’s Gulbransen - Markel adds three to renewable energy team - Zurich acquires Special Insurance Services in Texas - Ardonagh Group Closes on Acquisition of BGC Partners Insurance Units - Aon Founder Ryan Retired at 71, Then He Built a New $10B Business - AXA Tightens Policy for Insuring, Investing in Oil & Gas Ahead of COP26 Summit - Generali Acquires Italy Insurer Cattolica to Boost Domestic Market Leadership - Guy Carpenter Launches Global Insurtech Center of Excellence - Aon and Cybereason Form Alliance to Help Protect Clients From Cyber Attacks - Bermuda’s Tax Advantage for Re/Insurers to Be Cut With 15% Global Minimum Tax: Fitch - Swiss Re CorSo adds Favorito as exec risk head of North America - Coverys Launches European Casualty MGA, AEC Europe - Re/Insurers Need a Data Strategy to Build Underwriting Transformation Programs - Lockton Launches Silent Cyber Property Solution for Businesses - Munich Re Doubles Q3 Profit Despite Big Storm Losses in Europe, U.S. - Lloyd’s Re/Insurer Apollo Receives $90M Investment From Alchemy Partners - China’s Anti-Graft Watchdog to Inspect Financial Regulators, State Banks, Insurers - Howden Acquires Norwegian Broker Aneco Forsikringsmegling AS - Financial Services Groups Urge G20 Leaders to Set ‘Clear, Credible, Ambitious’ Climate Goals - Chubb to Buy Some of Cigna’s Asia-Pacific Businesses for $5.8 Billion - India Plans to Let Foreign Investors Hold 20% Stake in Life Insurance Corp.’s IPO - Germany’s Getsafe Raises $30M, Led by Swiss Re; Eyes Becoming Full Carrier - Egypt: 3 agencies agree on optional insurance cover for locals working abroad - Broker New Dawn Risk Group Launches Europe Subsidiary in Malta - Hub International Completes Purchase of Canada’s National Home Warranty Group - Singapore Plans to Review Cybersecurity Strategy and Laws - EU reinsurers urge UK regulator to delay Solvency II changes - Climate Reckoning Is Coming for the World’s Government Debt - Gallagher Acquires Grand Cayman’s Briat, UK’s Manchester Underwriting - Boutique Broker McGill and Partners Launches Bermuda Operation - Aston Lark Acquires UK Insurance Broker S. Johnson & Co. - Allianz Transfers Legacy Life Portfolio to Resolution Re, Using Quota Share Reinsurance - Re/Insurance Cyber Rates Could Double Before 2023, as Attacks Skyrocket: S&P - Willis Re Launches Flood Model for MENA Region - UK Financial Services Sector Calls for Eased Visa Requirements to Keep Competitiveness - Australia Insurtech Startup Cover Genius Raises Funds, Boosting Valuation to A$1 Billion - Allianz in Talks to Transfer Block of Life Assets to Free Up Regulatory Capital: Sources - UN Launches Disaster Insurance Program for Developing Countries - Mexican Insurtech Startup Offers Quick Claims Payments for Earthquake Damage - Is Climate Litigation Covered by Insurance? - Social Inflation or Science: What Is Fueling Climate Litigation? - Fortegra Europe Opens Branch in Czech Republic - Vantage launches Construction and Political risk business - UK Insurers Cautiously Willing to Underwrite Fire Safety Risks - Insurtech Foxquilt Raises $8M to Expand Small Business Offering in U.S. and Canada - Speciality Re/Insurer Convex Launches European Subsidiary With A- Rating From S&P - Debt surge in emerging markets may hurt insurance outlook: Swiss Re - Zurich Insurance Weighs Selling Some Australian Non-Core Assets - Reinsurers Face Major Claims Uncertainties, but Reap Benefits of Pricing Tailwinds - Corvus, SiriusPoint announce investment & underwriting capacity partnership - Munich Re backs energy storage systems provider ESS - Climate Change Could Force 200 Million People to Leave Their Homes by 2050 - Work of the scientific community and re/insurers needed to assess climate change: Lloyd’s - Gallagher Re Touts Advanced Integrated Reinsurance Analytics Platform - London Financial Employees Return to Offices Despite Rising Virus Cases - P/C Reinsurers Maintain Underwriting Discipline, Despite Rising Capacity: Guy Carpenter - Britain Looks to Revisit Data Privacy Regulations - WTW, Applied Systems target real-time pricing enhancements - Reinsurance environment “most attractive in a decade”: SCOR’s Launay - Willis Towers Watson’s New CEO Says It Has $5 Billion for Possible Acquisitions - Lloyd’s Reports H1 2021 Profit of £1.4B ($1.9B), with 92.2% Combined Ratio - Global Reinsurers Shoulder ‘Considerable Burden’ of COVID-19 Claims - “Inflation is the enemy of the re/insurance industry,” says Swiss Re CFO Léger - Global Reinsurance Rates, Demand to Continue Rising in 2022: Moody’s - Prudential’s Michael Koller joins MS Amlin as Chief Risk Officer - Rates need to and will harden further: Swiss Re CEO Mumenthaler - Russia’s Renaissance Insurance Plans $1 Billion IPO in Moscow: Reuters
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Arab Re will maintain its market share and achieve profit increase in year 2022

According to Sheikh Samer Barakat, BOD and Audit Committee member, Arab Reinsurance Company aims, since its establishment, to improve its business technically and geographically within sound underwriting guidelines, as well as developing its technical, financial and human resources capabilities, and diversifying its investments geographically, financially and chronologically.

 To read more, please chick on the below reference.

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