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CRE Insurance
Rising EMEA insolvencies could spark trade credit rate increase in 2015 warns Marsh
Although the trade credit insurance market remains generally soft a growing number of insolvencies and defaults across Europe, Middle East and Africa (EMEA) could see rates rise for many insureds…
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Asia
Corporate round-up
AGCS North America and Fireman's Fund name new leadership team, JLT opens credit, political & security risk India hub and Barbican appoints new cyber and tech underwriter.
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Africa
African aviation sector suffers poorest safety record worldwide
This year’s aviation disasters contradict the industry’s long-term improvement in safety, with currently fewer than two passenger deaths for every 100 million passengers on commercial flights, according to a new…
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Africa
Bribery and corruption are still huge risks for business
Most international bribes are paid by large companies, usually with the knowledge of senior management, according to new Organisation for Economic Co-operation and Development (OECD) analysis of the cost of…
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Africa
Risk management continues to grow and develop in Kenya
Risk management in Kenya has matured significantly in the past year, according to delegates at the first conference held in Africa by Commercial Risk Africa.
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Africa
Kenya building sector fraud leaves Nairobi large ’quake-loss timebomb
Fraud in Kenya’s construction sector has resulted in weak buildings, particularly in the capital Nairobi where an earthquake measuring six on the Richter scale would result in their collapse—exposing millions…
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Africa
Ratings agency notes emerging market stabilisation
Standard & Poor’s (S&P) has published a new outlook for Africa, reviewing all the major markets. It finds emerging market sentiment is stabilising, however several key markets have been downgraded.
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Africa
UK government set to clarify kidnap and ransom insurance rules
The UK government recently announced plans to clarify how anti-terrorism legislation applies to both clients and insurers in the situation of a kidnapping for ransom.
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Africa
News in brief
Ethiopian bond success predicted, Law firm moves, First commercial drone operation in The Gambia, New emerging risk products and Axa moves into Nigeria.
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Africa
Don’t look away…ever
What a year it has been. The positives include continuing investor support for Africa across a broad range of industries and a continuing belief from the International Monetary Fund, the…
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Africa
Renewable energy could be the solution for Africa
2014 has been marked by geopolitical crises, stagnating global economic growth and slow progress in lowering greenhouse gas emissions. All of which has had a significant impact on the global…
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Africa
Call to action to support African development
Insurers across Africa need to step up and grab the new opportunities emerging across the continent, according to Corneille Karekezi, group managing director/chief executive officer at Africa Re.
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Africa
Wind power could turn Africa’s ‘energy poverty’ into economic growth
African Trade Insurance Agency (ATI) has backed the Lake Turkana Wind Power project, which has been in the works for nine years.
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Africa
New expansion in field of medical malpractice liability from Ace
ACE Group has announced the appointment of Jim Smith as Medical Mal-practice Product Manager and Chief Underwriting Officer for ACE Overseas General, as it continues to expand its global footprint…
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Africa
UK firm in court on charges of bribery in Africa
A UK court has begun hearing evidence in the case of four British men accused of paying bribes in four African countries.
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Africa
The time has come for integrated enterprise risk management
Adewale Akinwale has just been awarded the Risk Manager of the Year award at the second Nigerian Risk Management Awards in Lagos. Billie McTernan went to meet him.
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Africa
Blowing hot & cold
Nigeria now boasts Africa’s largest economy and is increasingly attractive to foreign investors. However, it has some restrictions that make global programmes hard to place, as Liz Booth reports.
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Africa
Giving back–Andrew Lewis, One Re
After receiving an offer too good to refuse for his previous insurance business, Andrew Lewis found the lure of doing business in Africa too good to ignore for long.
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Africa
Technology–industry sector
Technology-backed product innovation leads the insurer charge into Africa, as Gareth Stokes reports.
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Africa
Ghana–country focus
Putting SMEs in touch, insurers remain confident despite still gloomy financial picture plus a look at the challenging past year with apparently little good news on the horizon.