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Africa
Thinking big
Nigeria’s current Risk Manager of the Year, Kunle Odetola-Odeleye, talks to Commercial Risk Africa.
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Africa
Uganda–country focus
Steve Mbogo takes a look at the east African market and finds a country with plenty of potential.
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Africa
Power concerns top agenda as risk managers meet in Cape Town
‘State of the Nation or Nation in a State’ was the apt title of the latest Institute of Risk Management South Africa’s Risk Lab. Liz Booth reports.
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Africa
Insurance Institute of South Africa conference report
Claims 101, Risk managers must reassess firms’ vulnerabilities against the backdrop of pervasive cyber risk, Opportunity continues for African insurance markets and Consumer benefits outweigh the cost of South Africa’s…
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Africa
Ahead of the game
The Organisation of Eastern and Southern Africa Insurers met last month in Mauritius. Liz Booth heard how anticipatory change could help insurance penetration across the continent.
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Africa
Shifting the focus
Developments from pandemics and flood models to business interruption and political risk were all on the agenda for delegates at the Organisation of Eastern and Southern Africa Insurers.
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Africa
Political risk in demand as the world’s risk landscape shifts
Political risk has worried businesses across Africa for decades and, although the reasons for that concern have changed, demand for political risk insurance is surging, as delegates at the Organisation…
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Africa
Time to take pride
With the insurance industry struggling to attract the right talent, Swiss Re Africa’s Frank O’Neill tells Commercial Risk Africa why it is important for those in the sector to be…
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Africa
Choosing the right environment and ensuring good governance key in captive decisions
Risk managers often look for alternatives to the traditional insurance market to transfer risks and captives can provide one such solution. But, as delegates at the Organisation of Eastern and…
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Africa
Flood risk on the increase
Flood risk has increased 12% year-on-year across the world, according to Caspar Honegger, Head of the Flood Team within the Cat Perils unit of Swiss Re.
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CRE Insurance
Corporates set to benefit from new Brazilian reinsurance rules
New reinsurance rules announced by the Brazilian government should help international companies obtain coverages and limits currently lacking in the market and integrate local policies into global programmes, experts say.
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Asia
Tianjin loss expected to rise as Guy Carp estimates $3.3bn toll
Three weeks on from the series of explosions that ripped through the Chinese port of Tianjin the extent of damage and disruption remains unclear, however Guy Carpenter has placed insured…
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CRE Insurance
Lloyd’s casualty underwriters worried history repeating itself as discipline wanes
The Lloyd's Market Association (LMA) has issued a warning to casualty underwriters about the dangers of writing business at ever-cheaper rates and broader conditions amid fears over a lack of…
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CRE Risk Management
IRM says its certification not direct competition for other schemes
The Institute of Risk Management (IRM) says its recently launched certification scheme is aimed at the 'broadest community' and is not intended as direct competition for other certification initiatives.
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CRE Insurance
Mandatory French collective healthcare rules to liberalise market
Rules making it mandatory for all French companies to provide complimentary health care for their employees are set to free up employers to choose their designated health care providers.
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CRE Insurance
Steep reinsurance pricing could be consigned to history: reinsurers shift focus to primary business–AM Best
Structural changes in the reinsurance market could spell the end of sudden large hikes in reinsurance pricing, according to AM Best. Many reinsurers will be forced to be more cautious…
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CRE Insurance
Non-life European premiums up 1% to €458bn in 2014
European gross written premiums increased by 3.7% in 2014 reaching €1.17tn, according to newly released figures from Insurance Europe.
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CRE Insurance
UK supply chain profession commits to help tackle slavery and corruption
The UK Chartered Institute of Procurement & Supply (CIPS) held a conference in Glasgow, Scotland this week on how supply chain professionals can help eradicate modern slavery ahead of the…
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CRE Insurance
Corporate round-up
Guy Carp adds seven countries to fully developed European hail model, ACE makes six appointments to international energy team and SCOR appoints new COO.
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CRE Insurance
Zurich pitches £5.6bn for RSA but counter offers likely say analysts
RSA's share price leapt at news that Zurich has made an informal offer for the insurer of 550 pence per ordinary share that values the company at roughly £5.6bn.