GCC Insurance Daily
The day's insurance news across the GCC: regulation, governance, AI in insurance, and people moves. Curated, attributed, and linked to the source.
Top story
Saudi Re is acquiring a 22.5% stake in AdA Risk Holding, which operates a Lloyd's syndicate writing energy, marine, ports, cargo and aviation war risks, for £8.95m funded from its own resources. The regulator has issued its non-objection, and the stake gives Saudi Re a standing position in Lloyd's rather than access negotiated deal by deal.
Bahrain Kuwait Insurance has signed three agreements with Total CX, part of Bahrain's Beyon group, covering manpower outsourcing, tele-sales and AI solutions. The insurer is buying customer-experience capacity rather than building it, a familiar trade-off once service volumes outgrow the in-house team.
Adamjee's UAE motor business is deploying Wtheeq, a SlashData platform that automates policy issuance and documentation and connects to the Integrated Transport Centre and Abu Dhabi Police for verification. The announcement comes from the two companies themselves, no financial terms were disclosed, and the AI framing is theirs rather than an independent assessment.
AIG has promoted Sameer Mir to reinsurance manager for the GCC and North Africa. He has spent close to 16 years with the group across Kuwait and the UAE, most recently as a commercial property senior underwriter in Dubai.
Each item is a short editorial summary with a link to the original source. Items marked Rumour · unverified are unconfirmed and should be treated with caution. Compiled automatically; corrections welcome.