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Africa
Insurance development key to Nigeria’s economic growth
Strategies for reviving Nigeria’s economy would achieve the desired result if greater premium is placed on the insurance industry’s growth by government, according to the president of the Nigerian Council…
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Africa
Global survey reveals CFOs value ‘soft skills’ and collaboration
Chief financial officers (CFOs) not only want their teams to be well-versed in accounting principles but increasingly value “soft skills” like interpersonal communications and collaboration, according to the CFO Indicator…
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Africa
Offshore opportunities in a low crude oil price environment
Companies serving the offshore energy sector must accept crude oil prices are not going to bounce back soon and look to diversify into other market areas in the same way…
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Africa
Interconnectivity increases as risks broaden
The annual risk report from the World Economic Forum maps the perspective of some 750 risk specialists around the world. CRA takes a look at its findings.
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Africa
Volatile landscape reflected in South Africa report
Insufficient electricity supply, increasing corruption and skills supply were the top three risks at a national level identified by members of the Institute of Risk Management South Africa (IRMSA), in…
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Africa
Global risk reports
Two new risk reports, one from an insurer and another from a broker, highlight the way African economies are exposed to global risks – and also add to the threat…
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Africa
Opportunity beckons for the well prepared
On 10 February 2016, Control Risks launches its annual risk report in Nairobi. Liz Booth takes a look at what the report can tell African risk managers.
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Africa
Working towards a risk-based approach for all
As insurance head of South Africa’s Financial Services Board, Jonathan Dixon has led the way towards a new risk-based regulatory environment for insurers. He talks to Liz Booth about the…
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Africa
Hot seat–Marinda van der Merwe, ERM South Africa
Marinda van der Merwe, managing partner at ERM South Africa, believes sustainable development is an underlying requirement for growth in Africa.
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Africa
Sub Saharan Africa’s oil & gas hopes falter at $37 per barrel
The global oil market is in turmoil as supply and demand factors continue to move in the wrong direction. Weak demand from emerging economies has combined with a supply glut…
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Africa
Kenya–country focus
Kenya’s new constitution has effectively made the judiciary ‘the centre of everything’. Steve Mbogo takes a look at how this shift will affect the country as it moves forward.
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Africa
Low-priced insurance: a game changer in small-scale farming
The continued growth of microinsurance in Kenya is helping everyone from small-scale farmers to motorcycle taxi drivers. Steve Mbogo takes a look at an ever-expanding new market.
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CRE Insurance
Icahn plans board coup to force AIG break up
On the day that AIG announced a detailed plan to cut costs and raise profitability, activist investor Carl Icahn announced a bid to force his way onto the board and…
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CRE Insurance
Zurich set to toughen stance at renewals: Charon says “business as usual” in France
French and european risk and insurance managers need to prepare for a tougher stance from Zurich Global Corporate at renewals, as it deals with recent large losses.
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AMRAE rallies troops in war on risk
Opening the 24th Rencontres de l’Association pour le Management des Risques et des Assurances de l’Entreprise (AMRAE) in Lille, the association’s president Brigitte Bouquot invoked a Napoleonic motto to encourage…
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Captives
OECD tax rules pose biggest threat to captives, says expert
New organisation for Economic Co-operation and Development (OECD)-driven tax rules could cause havoc for captives and force some out of existence, according to a leading expert.
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Association News
Risk associations set to sway cyber debate
The Federation of European Risk Management Associations (Ferma) and French risk management body, Association pour le Management des Risques et des Assurances de l’Entreprise (AMRAE), are both stepping up their…
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CRE Insurance
XL delivers “solid” yearly results
Mike McGavick, chief executive officer of XL Group, believes his firm delivered "solid" 2015 results in a "tough" market as the group reported its first set of combined figures this…
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CRE Insurance
Munich Re shrugs off man-made losses to post decent results
Reserve releases and fewer major catastrophes have helped Munich Re post strong profits in 2015, although man-made losses continued to rise.
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Association News
Buyers warned of insurer instability
Former Association pour le Management des Risques et des Assurances de l’Entreprise (AMRAE) president Thierry van Santen has warned risk managers to keep a close eye on their insurance carriers…