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Africa
Labour problems in mining sector hit JSE sustainability performance
The number of best performers in the Johannesburg Stock Exchange 2012 SRI Index review fell to 10 last year compared with 22 in 2011 because of more demanding reporting requirements…
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Africa
IMF broadly positive about SSA growth but downside risks rise
The International Monetary Fund (IMF) has confirmed a ‘broadly positive’ outlook for the Sub Saharan Africa region despite slowing growth in the more mature leading regional economy South Africa, drought…
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Africa
Focus on pan-African risk – comment
Welcome to the second issue of Commercial Risk Africa and the first of this year. We launched this publication at the IRMSA conference in Johannesburg in hard copy format late…
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Africa
Risk management profession matures in Francophone Africa
CRA’s Rodrigo Amaral discussed the development of risk and insurance in French-speaking Africa with Alioune Diouf, CEO of AXA Senegal.
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Africa
IRMSA report
Commercial Risk Africa was launched at the IRMSA annual conference in Johannesburg in late November 2012. Adrian Ladbury reports the highlights from Africa’s premier risk management event.
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Africa
Kenyan risk managers brace themselves as election nears
4 March, 2013 will be an important day for Kenya, not just in terms of the election result but also the way in which the country reacts—regardless of who wins.…
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Africa
Energy growth sparks risk culture
The overall message for Kenya is positive—not least thanks to the recent development of oil and gas reserves. Deniese Imoukhuede, Senior Financial Analyst at credit rating agency AM Best, explained…
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Africa
Risk management arrives in Kenyan boardrooms
Risk management is increasingly seen as a boardroom issue for all types of Kenyan-based firms. A survey from PwC shows risk is high on the agenda.
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Africa
Natural resources drive Kenyan growth
The Kenyan economy has been growing and changing, not least thanks to recent oil and gas exploration. According to East Africa Oil & Gas, even Australia could face stiff competition…
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Africa
Big plan for Allianz in Africa – Delphine Maidou
Allianz Global Corporate & Specialty (AGCS), the fast-growing arm of the German and global insurance group, launched its new strategy for South Africa and the wider Sub Saharan African continent…
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Africa
A shift in the weather – Jef Vincent
Traditionally a provider of political risk and investment insurance, the African Trade Insurance Agency’s chief underwriting officer Jef Vincent will mark his second year in the role by spearheading the…
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Africa
In search of the bigger picture
At the 2012 IRMSA conference Adrian Ladbury met Volker Von Widdern, Managing Director Risk Consulting Africa and Rob De Jonge, Leader of Marsh’s EMEA Risk Consulting business at the Marsh…
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Benelux
Man with a mission – Peter den Dekker
Peter den Dekker joined Amsterdam-based global telecommunications group Vimpelcom towards the end of 2011 and since then has been busy getting his head around the group's risks, building a group-wide…
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Europe
Mapfre benefits from Latin American dominance
Spanish insurer Mapfre is not a truly global insurer, but its dominant position in Latin America is very clear. Indeed, its operations throughout Latin America made a huge contribution to…
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Europe
IMF assesses Brazil’s compliance with Insurance Core Principles
The International Monetary Fund (IMF) has reviewed Brazil's compliance with the Insurance Core Principles (ICPs) of the International Association of Insurance Supervisors (IAIS), concluding that the insurance sector is supervised…
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Europe
African insurance market’s potential for growth
The African insurance market clearly offers potential for growth, especially given the anticipated development of gross domestic product in the region, but the continent comprises 54 countries with diverse insurance…
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Europe
Mixed outlook for Latin American insurance markets says Fitch
In most countries in Latin America, the insurance industry outlook is stable, according to Fitch Ratings, which indicates a majority of insurers' ratings are likely to be affirmed over the…
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Europe
Tax and regulatory news
Strict enforcement of New Zealand Fire Services Levy, Finland increases IPT rate, Chile issues new risk-based regulatory framework, indirect tax changes round up, New regulations from Qatar's FCRA, Nigeria's insurance…
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Europe
News in brief
Marsh creates global Risk Management practice group, privatisation of IRB-Brasil Re moving ahead, ICISA report on trade credit insurance market and political risk insurance update from Gallagher London.
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Europe
Captive News
AM Best report examines captive market, Guernsey signs tax agreements with Singapore and Brazil, CICA joins Coalition for Captive Insurance Clarity, Bermuda confirms captives excluded from SII-type regime, Guernsey sees…