-

Best's Market Segment Report: MENA Reinsurance Capacity Remains Dynamic and Abundant Despite Testing Conditions

LONDON--(BUSINESS WIRE)--Market conditions present challenges and opportunities for reinsurers domiciled in the Middle East and North Africa (MENA) region, according to a new AM Best report. Increased natural catastrophe activity, volatile oil prices, heightened geopolitical tension, increased public debt burdens and high inflation are some of the hurdles MENA reinsurers are currently navigating.

However, the Best’s Market Segment Report, “Conditions are Testing, but MENA Reinsurance Capacity Remains Dynamic and Abundant”, notes that despite a turbulent operating landscape, the region remains attractive for reinsurers with new capacity entering the market. Reinsurance opportunities remain plentiful despite high risk factors, benefitting from positive pricing momentum and growing primary insurance markets.

For previously published global reinsurance reports, please go to AM Best’s Reinsurance Information centre. In addition, please visit the AM Best TV event playlist for coverage of AM Best’s reinsurance market briefing from Rendez-Vous de September in Monte Carlo and executive interviews during the conference, along with video interviews on AM Best’s global reinsurance reports.

To access a complimentary copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=358283.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Emily Thompson
Senior Financial Analyst
+44 20 7397 0291
emily.thompson@ambest.com

Jessica Botelho-Young, CA
Director, Analytics
+44 20 7397 0310
jessica.botelho-young@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Richard Hayes
Research Manager & Content Editor
+44 20 7397 0326
richard.hayes@ambest.com

AM Best


Release Versions
Hashtags

Contacts

Emily Thompson
Senior Financial Analyst
+44 20 7397 0291
emily.thompson@ambest.com

Jessica Botelho-Young, CA
Director, Analytics
+44 20 7397 0310
jessica.botelho-young@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Richard Hayes
Research Manager & Content Editor
+44 20 7397 0326
richard.hayes@ambest.com

Social Media Profiles
More News From AM Best

AM Best Revises Outlooks to Negative for SteadPoint Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of SteadPoint Insurance Company (SteadPoint) (Nashville, TN). The Credit Ratings (ratings) reflect SteadPoint’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (E...

AM Best Affirms Credit Ratings of Aseguradora Agricola Comercial, S.A.

MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Aseguradora Agricola Comercial, S.A. (ACSA) (El Salvador). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect ACSA’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). The stable outloo...

AM Best Assigns Issue Credit Rating to Victor Insurance Exchange’s Surplus Notes

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $102.5 million, 6% surplus notes, due June 2038, issued by Victor Insurance Exchange (Wilmington, DE). The outlook assigned to this Credit Rating (rating) is stable. As a start-up organization in 2023, the exchange utilized the surplus notes provided by its financial sponsor, Gallatin Point Capital, as its initial capitalization. Over the first five years of operation, capital is expected...
Back to Newsroom