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Howden to open reinsurance arm in Saudi Arabia
26 June 2025
Reporter Diana Bui

The new entity, Howden Re KSA, will be led by Motaz Bukhari as CEO and will offer treaty and facultative placements

AM Best upgrades rating of SAOC’s captive
08 December 2023
Reporter Frances Jones

AM Best has upgraded the long-term issuer credit rating to “a+” (Excellent) from “a” (Excellent)

A.M. Best: GCC sees captive interest increase
15 June 2021
Reporter Becky Bellamy

While the global captive insurance industry has experienced steady growth over the past decade, the use of captive (re)insurers in the GCC countries has been limited to date

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