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Europe
Airmic unveils details of its global programme database
Airmic's new global programme compliance database is a potential game changer because for the very first time it delivers a tool that focuses on the needs of risk managers rather…
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Europe
Latin America grapples with global programmes
Latin America's wide variety of risks and market conditions continue to make most of the region a challenge for global programmes, an audience of European risk professionals was told in…
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Europe
Concern over LatAm’s protectionist insurance regulations
Regulations in Latin America are causing headaches for multinationals as they attempt to place compliant global programmes. Moreover, regulators are turning a deaf ear to concerns from both insurers and…
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Europe
Brics, Mints and…Myanmar
The international insurance market continues to adapt to complex market conditions, including political instability, a challenging economic environment and extreme global weather, meanwhile dealing with more intense regulatory demands, according…
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Europe
EIOPA highlights key risks for insurers
While the broad economic outlook for Europe is positive, key risks remain for the insurance sector, namely an uncertain macroeconomic climate, the low yield environment and credit risks arising from…
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Europe
Global insurance M&A uptick predicted
Global insurance markets will see renewed interest in merger and acquisition (M&A) activity in the near term, according to a new report, Global Insurance M&A, from Grant Thornton.
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Europe
News in brief
S&P sees reduced risks for global insurers but regulatory pressure intensifies, North American insurers advised not to dabble in Asia, ACE improves ACE Worldview portal, Brokerslink splits EMEA region into…
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Europe
Tax and regulatory news
Insurer bosses will be held to account–Bank of England chief, UK stepping up regulatory focus on insurance sector, says Fitch, Polish watchdog charge applied to FoS insurers, Brazil signs IAIS…
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Europe
Captive news
Artex Risk Solutions acquires Heritage Insurance Management, Delaware reports strong captive growth in 2013, Missouri captive industry continues steady growth, South Carolina passes incorporated cell legislation, Hawaii licenses 17 captives…
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Europe
Political and credit risk news
Most UK businesses unaware of global programmes for trade credit...but Marsh sees growing demand for cover.
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Europe
Editor’s comment–A brace of compliance databases
Like London red buses, you wait ages for one global insurance programme regulatory database to arrive and then two turn up at the same time.
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Europe
Albania market report–Small market, big challenges
Although Albania weathered the financial crisis relatively well, according to the International Monetary Fund, its economy is weak, macroeconomic imbalances are large and the financial sector still faces several risks.…
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Europe
G-SIIs: issues, policies and challenges after designation–Julian Adams, PRA & Bank of England
The financial crisis underscored the disruption that individual financial institutions can cause to the wider financial system and real economy and has amplified our appreciation of the risks that firms…
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Africa
Africa launches its first pool for catastrophe drought risks
The first catastrophe insurance pool for African nations has been launched by African Risk Capacity (ARC), a specialised agency set up by the African Union to help member states become…
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Africa
Call for regulatory harmonisation across Africa
Corporates and their insurers and reinsurers could benefit if African regulators harmonised their rules, according to leading market players.
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Africa
Africa growth looks robust
In its latest Sub Saharan Africa (SSA) Credit Overview, Fitch Ratings expected growth in SSA to remain robust in 2014, rising to 5.4% from 5.1% in 2013, despite slower growth…
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Africa
Kenyan firm’s security advisory impact
Kenyan tourism companies are increasingly concerned about the impact on their business after the UK government advised against all but essential travel to certain parts of the country.
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Africa
Cell phones to scale up low income targeted products
Mobile phones are seen as a key facilitator for the distribution of micro-insurance and takaful products in Sub Saharan Africa but players say regulatory issues need to be addressed if…
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Africa
Business interests stay calm as politicians toughen against Boko Haram
Five heads of African countries met in France last month with the French president to discuss security issues across the region, following the kidnapping of Nigerian schoolgirls by the terrorist…
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Africa
News in brief
Africa Re Results, Greenfield foreign investment recovering, Broker news, Chemical potential and New Cote d’Ivoire director.
