Insurance
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Non-life premium growth in Thailand but uncertain future, says Fitch
Thailand has seen growth in non-life insurance direct premiums pick up in recent quarters, but it is unclear if this…
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Willis Towers Watson appoints head of international construction
Martin Hiller has been appointed head of international construction within Willis Towers Watson’s corporate risk and broking unit. He joins…
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Vitality now live in 16 countries
South African financial services group Discovery has been outlining the rapid growth of its Vitality network to 16 countries across…
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New CEO in Africa and Asia for Ed
Ed, the global reinsurance, wholesale and specialty broker, has appointed Minesh Jani as chief executive of Middle East and North…
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$600m safety net for Ethiopia farms
The World Bank has approved a $600m International Development Association (IDA) grant to support the Ethiopian government’s vision of a…
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Price decreases help boost popularity of M&A insurance
The market for merger and acquisition (M&A) insurance is soft and “buoyant”, with the first half of 2017 recording price…
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MAXIS Global Benefits appoints director of underwriting
Employee benefits firm MAXIS Global Benefits Network (GBN), a joint venture between AXA and MetLife, has appointed Nicola Fordham as…
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Call for papers
The Insurance Institute of Kenya (IIK) has made a call for papers ahead of its annual conference on 27 October.…
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Coface scoops equality award
Credit insurer Coface South Africa has been named as the overall winner of the Non-JSE-Listed Companies award in the Equal…
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Markel’s Jeremy Brazil to step down
Jeremy Brazil is planning to stand down from his full-time executive role at the end of this year. Mr Brazil,…
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Pen Underwriting makes senior management changes
Pen Underwriting has appointed Tom Downey as chief underwriting officer with effect from 1 October 2017. Mr Downey will assume…
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New Insurance Commissioner for Ghana
Ghana’s president has appointed Justice Yaw Ofori as the Commissioner of the National Insurance Commission (NIC). He takes over from…
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Pool Re to plug cyber risk and NDBI gaps
Pool Re has received agreement in principal from the UK government to extend its coverage to cyberterrorism. To date, coverage…
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UK terror threat level returns to ‘severe’ after Friday’s tube attack
The UK terror threat level has reverted to severe, after spending the weekend at critical following an attack on the…
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AIR Worldwide updates insured loss estimate for Hurricane Irma to $32bn-$50bn
Hurricane Irma is estimated to cost insurers between $32bn and $50bn, according to more precise figures now available from catastrophe…
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Gas development boost in west Africa
Equatorial Guinea’s Ministry of Mines and Hydrocarbons has signed a memorandum of understanding (MoU) with the government of Burkina Faso,…
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Linkage promises support for Nigerian SMEs
Linkage Assurance has committed to helping small and medium enterprises (SMEs) survive business challenges and grow into the future. It…
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Holiday illness claims – the Spanish viewpoint
As recently reported in Commercial Risk Europe, the epidemic of holiday illness claims, predominantly being brought by British tourists against…
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New bespoke approach needed for cyber cover
Like others across Europe, German risk managers have complained that they don’t want to be sold cyber insurance as a…
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Continuing soft market not 100% good news for buyers
The German risk and insurance management community agrees with its European peers that there is no overall hardening of the…