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Africa
And the award goes to…
Earlier this year, the Risk Managers Association of Nigeria (Riman) launched the first locally-based exams for risk managers – building on best practices from internationally set exams, while adding a…
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Africa
Infrastructure holds key to EAC oil production
Steve Mbogo looks at the oil and gas picture across east Africa.
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Africa
Two steps forward, one step back
More good news this month comes from McKinsey in a new report summing up the state of Africa, in which it remains optimistic about the future. The World Economic Forum,…
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Africa
East Africa increases risk management capacity
Risk Frontiers – East Africa returned to Nairobi for its third annual event and, as Steve Mbogo reports, discovered risk management on the rise.
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Africa
Risk management has key part to play in shaping economic development
A fast changing world is keeping risk managers on their toes, as those attending the Institute of Risk Management South Africa’s annual conference in Johannesburg heard from many of the…
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Africa
Maintaining sustainable businesses critical in building customer trust
The customer is king was the overriding message from the 21st African Reinsurance Forum, held in Dakar by the African Insurance Organisation, which welcomed some 350 delegates from around 20…
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Africa
Technology making the difference
Many African reinsurers see technology as the way to open up previously untapped insurance markets across Africa.
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Africa
Protection gap movement to launch in Kenya
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…
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Africa
Tanzanian insurance market set for major change to protect policyholders
The Tanzanian government is preparing a new insurance act that should come into force next year, spelling major change for the whole sector. Liz Booth reports from the second annual…
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Africa
Tanzania promises much for investors and insurance market
East Africa stands on the brink of massive change and offers some unique opportunities for investors, both local and foreign, but the insurance market must take a leap into the…
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Asia
Sompo’s $6.3bn Endurance deal adds another global option for risk managers
Risk and insurance managers at larger European and global corporations should be pleased to see the takeover of Bermuda-based Endurance Specialty by Japanese giant Sompo Holdings for $6.3bn because it…
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CRE Insurance
France first off the blocks to woo UK firms as hard Brexit looms
France is the first European country out of the blocks to announce measures designed to entice UK financial firms in the wake of signals from the British government that it…
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CRE Insurance
US P&C insurers report $1.5bn net underwriting loss in first-half
Private US P&C insurers reported a $1.5bn net underwriting loss in the first half of this year and a combined ratio touching 100%.
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CRE Insurance
Alton Towers fine sends message to UK corporates
Last week's £5m fine for UK amusement park operator Merlin may signal the start of larger fines for corporates in the country that breach health and safety rules.
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CRE Risk Management
Growing number of firms say they lack skills to deliver resilience
Over a third (37%) of organisations from across the globe surveyed by Control Risks concede they lack the skills and talent to drive corporate resilience. The survey of 144 decision…
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CRE Insurance
Cyber risk underestimated by engineering market: IMIA
Insurers are underestimating cyber risk facing engineering firms and must work harder to develop better transfer solutions, according to the International Association of Engineering Insurers (IMIA). It called for the…
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CRE Insurance
New Insurance Act guide issued following Enterprise Act and Versloot/HDI Gerling ruling
The Lloyd's Market Association (LMA) and International Underwriting Association (IUA) have published updated editions of their Guide to the Insurance Act 2015 and Quick Reference Guide for Underwriters to include…
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CRE Risk Management
MENA reinsurance market expected to harden
The MENA reinsurance market is expected to harden over the next 12 months, according to regional and international reinsurance execs and brokers surveyed for the 2016 MENA Reinsurance Barometer. It…
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CRE Insurance
Corporate round-up
FM Global offers new cyber endorsement for all-risk policy and HDI Global partners with Startupbootcamp InsurTech to drive innovation.
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Africa
Allianz first sign up to investment initiative for emerging market infrastructure
Allianz Group and International Finance Corporation (IFC), a member of the World Bank Group, have signed a partnership through which the insurer intends to invest $500m alongside IFC debt financing…