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Africa
Risk managers at IRMSA to sit first formal professional exams on African continent
Risk managers in South Africa have been invited to sit the first formal risk management qualifications in June this year.
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Africa
Cost of Ebola outbreak still emerging in Liberia as first insurance payouts made
The first insurers have started to pay out to the beneficiaries of victims of the recent Ebola outbreak in Liberia.
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Africa
Africa Re continues to grow following two global investment deals
In less than one month, Africa Re has signed two agreements with two leading global investors. The latest was signed on 25 March, 2015 with Fairfax Financial Holdings, which paid…
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Africa
Underemployment, food and disease top Sub Saharan Africa’s risk list
The United Nations (DESA 2014) estimates that more than two-thirds of the world’s population will live in cities by 2050, led by Africa and Asia. It estimates that 56% (currently…
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Africa
News in brief
Global natural catastrophes down, Little prospect of reducing economic losses, Kenya shilling set to weaken and SA tax law leads to range of benefits.
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Africa
Nigeria ‘cash-before-cover’—regulator confident
The Nigerian regulator has hit back at insurers and reinsurers concerned that the local content regulations and cash before cover rules have had some unintended consequences.
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Africa
In or out?
Threats to business do not necessarily come in big packages. Things that seem innocuous or trifling can play a major disruptive part. Take the traffic jams in Nairobi, for instance.…
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Africa
Continental Re launches specialist construction, property and engineering risk services subsidiary
Continental Reinsurance has launched a new specialist subsidiary, Continental Property and Engineering Risk Services (CPERS) to meet the growing demand for specialist engineering insurance risk advisory services, which is currently…
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Africa
Ratings picture is mixed following fall in oil revenues, fiscal pressure
The falling oil price is impacting rating agency confidence in some African countries. Among a flurry of rating actions, Fitch Ratings has revised the Outlook on Angola’s Long-term foreign and…
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Africa
Not-for-profit home lender continues its expansion
Home Finance Guarantors Africa (HFGA) has expanded into Zambia and has plans for further expansion across Africa after years of successful operations in South Africa.
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Africa
Trend for Kenyan mergers and acquisitions continues to escalate
Steve Mbogo reports from a Kenyan insurance market buzzing with takeovers and new entrants.
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Africa
On the expansion trail
South Africa’s Liberty Group has been growing fast across the continent. Liz Booth meets Mike du Toit, who has spent the past four years as regional managing director [Strategic Growth]…
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Africa
From small acorns grow mighty oaks
Steve Mbogo explores microinsurance in Kenya—a form of cover that paves the way for the development of corporate insurance in the country.
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Africa
Emerging silicosis risk conference report
Clyde & Co recently held a seminar in Johannesburg looking at the emerging risk of silicosis claims against the South African mining industry, as Liz Booth reports.
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Africa
Transport–industry sector
Increased investment in transport infrastructure can facilitate cross-border trade and drive regional integration, as Gareth Stokes explores.
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Africa
Ethiopa country report
Insurance to play increasing role in Ethiopian development, International agencies have confidence in Ethiopia, politically and economically, Rating agencies remain confident, Time is ripe for Ethiopian insurance sector and Ethiopia…
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Africa
Continental Re Summit report
Harnessing the potential, Visa barriers have become a business risk across Africa, Potential to match African lions with Asian tigers, Brain drain poses significant risk to business sustainability and Africa’s…
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CRE Risk Management
Risk managers increasingly involved in employee benefits
Risk managers are increasingly taking on employee benefit risks, adding them to captives and managing the threat more holistically. This trend is set to gather pace as insurers and brokers…
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CRE Risk Management
Huge credit to Ferma for forthcoming certification launch–comment
Congratulations to Ferma for the progress made on its pan-European certification scheme, which will be formally launched at its Forum in Venice this October.
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Association News
A job well done
Commercial Risk Europe’s Ben Norris caught up with outgoing Airmic technical director Paul Hopkin to discuss past achievements, future goals, the challenges facing risk managers and key areas for improvement…