Insurance
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Donnet reports Generali ahead of schedule with restructure and shift to ‘capital-light’ business
Generali’s recently installed CEO Philippe Donnet was delighted to tell analysts during the insurer’s half-year results presentation that the Italian…
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No loss of appetite from combined AXA-XL Catlin at renewal as Buberl details ‘synergies’
Europe’s risk and insurance management community can expect no loss of appetite and capacity from the combined AXA-XL Catlin commercial…
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C-suite and insurers should work together to focus on strong risk management
Risk managers and the c-suite must strengthen their risk management focus if they are to ensure their property portfolios remain…
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South African risk managers must prepare for new normal of high insurance premiums
Risk managers have been warned property insurance prices will remain high for this year and most likely for the foreseeable…
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Zimbabwe holds its breath as elections take place without Mugabe
Zimbabwe businesses are collectively holding their breath as the first presidential elections without Robert Mugabe take place since independence. Businesses…
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African economies must act to take advantage of their globally-significant demographics
Growing GPDs, emerging middle-classes and multiplying populations all stand to make Africa the continent of the future. However, warned Dr…
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Marine insurance market preparing for Cape Town event
Marine insurers, together with the South African insurance industry, are preparing for the first International Union of Marine Insurers event…
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Natasha Wally leads Lloyd’s South Africa office
Natasha Wally has been named as the new Lloyd’s South Africa country head and general representative. She moves from Swiss…
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Alton Byrd new Guy Carpenter South Africa CEO
Guy Carpenter & Company has promoted Alton Byrd to the position of CEO of the firm’s South Africa operations, with…
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European heat and drought to cost agriculture sector billions, says Munich Re
The heatwaves, droughts and forest fires currently affecting swathes of Europe will cost the agriculture sector billions of dollars with…
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IUA publishes new Brexit contract continuity clause for subscription market
The International Underwriting Association (IUA) has published a second policy clause to help London market insurers deliver clients contract continuity…
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Uganda signs up to renewable energy deal with ATI
Uganda has become the first African country to sign an agreement with the Regional Liquidity Support Facility (RLSF), a joint…
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Brexit solutions may not deliver contract continuity as London market lobbies hard for official response
Ensuring insureds have contract continuity in the increasingly likely scenario of a no-deal Brexit is a growing concern, warn London…
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Marsh sells RMIS business ClearSight to Riskonnect
Marsh has sold its risk and claims software business unit ClearSight to Riskonnect risk management solutions. Terms of the arrangement…
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AXA businesses move to single eco building in France
AXA is relocating its core businesses in France, including Corporate Solutions, to a single building in Paris as part of…
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IUA report highlights need for cyber business-interruption risk assessment
Companies must fully explore the possible ways in which cyber events could affect their business and identify the key operational…
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Increased capacity for US wage and hour risks from new Lloyd’s consortium
A new consortium at Lloyd’s has been launched to bring increased capacity for ‘wage and hour’ risks for US organisations.…
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Claims impact good results from Continental Re
Continental Reinsurance suffered an incurred-loss ratio of 46% as claims rose in the first half of the year. However, the…
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New capital model for Nigerian insurers
The National Insurance Commission (NAICOM) has published a new capital model for the Nigerian insurance industry, effective from 1 January…
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Chubb European Group secures Brexit plan and move to France
Chubb has converted two of its core businesses to Societas Europaea (SE) status, paving the way to redomicile Chubb European…