Nikolay Dmitriev, Chubb’s regional managing director for Russia, CIS and Turkey, is to take on the additional role of regional director of property and casualty for Eurasia and Africa. Chubb said the appointment is in line with its strategy “to position itself for targeted growth in this important emerging region”. “Property and casualty risk is the bedrock of our business…
Less than a year after the World Bank unveiled and began supporting implementation of its ambitious Africa Climate Business Plan (ACBP) launched in Paris last year, African countries are beginning to show progress.
The African Risk Capacity Insurance Company (ARC) is processing an insurance payout of approximately $8.1m to the government of Malawi after the poor 2015/2016 agricultural season.
Estimates suggest that of the 1.2 billion people in the world who do not have access to electricity, half live in Africa. One way forward to solve Africa’s power supply problem is to give people access to electricity through the development of off-grid and ‘mini-grid’ solutions. However, this technology remains nascent and there are a number of barriers to widespread uptake.
A Turkish textile factory and mine owned by Aliko Dangote are reported to have been attacked in the past month, as violence and civil unrest hit Ethiopia.
Steve Mbogo looks at the oil and gas picture across east Africa.
In many emerging markets insurance can play a vital role in supporting a fledging economy but, even in 2016, many people simply have yet to discover insurance, let alone understand its benefits. However, an ambitious project aims to change that.
Commercial Risk Africa caught up with Chaucer CEO, Johan Slabbert, to get further details on his firm’s new tie-up with Axa, to launch Axa Africa Specialty Risks.