Insurance
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Africa Re enjoys 12% growth
Africa Re has reported gross written premium of $372.64m up to the end of June 2017, up 11.8% on the…
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Schinnerer acquires ICAT from Paraline
Specialty programme underwriting manager Schinnerer has agreed to acquire International Catastrophe Insurance Managers LLC (ICAT), from the Paraline group. ICAT…
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Angola downgraded due to rising debt service costs and weak economic prospects
Angola’s economic growth is likely to slow down, according to S&P, which has lowered its expectation and downgraded the southern…
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South Africa’s signs of recovery remain fragile
Economic growth of 1.3% is expected in South Africa for this year but, alongside the improved forecast, weakness in confidence…
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South African mines move towards settlement in silicosis claims
South African mining firms are reported to be preparing a multimillion-dollar settlement with as many as 100,000 former workers suffering…
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Pension groups launch new Africa infrastructure fund
AP Moller Holding, PKA, PensionDanmark and Lægernes Pension have launched a new infrastructure fund with a focus on Africa. The…
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New trade credit insurance product launched
Coface has launched TradeLiner Capital Goods, to protect sales of capital goods and services on a single-transaction basis. The company…
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Kenyans nervous as five die following election results
Five people have died in Kenya following Tuesday’s election and the reported lead of sitting President Uhuru Kenyatta Opposition leader…
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S&P affirms African Development Bank rating
S&P Global ratings has followed Fitch with its affirmation of African Development Bank’s (AfDB) AAA/A-1+ ratings with the outlook stable.…
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UK SMEs urged to protect against cyber breaches
As many as 875,000 UK SMEs may have suffered a cyber security breach in the past 12 months, according to…
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Time for insurers to step up
Anne-Marie Fournier, AMRAE board member and risk manager at luxury brands group Kering, told Adrian Ladbury that risk managers in…
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Time to shift from awareness to action on cyber: Cotelle
We spoke to Philippe Cotelle, head of insurance and risk management at Airbus Defence & Space since 2014, is a…
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Who will be the cyber winners?
It will not surprise many that this year’s European Risk Frontiers survey of leading risk managers has found macropolitical and…
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AMRAE focuses on cyber to help show value of risk management
Cyber risk is a hot topic in France, as elsewhere in Europe. Brigitte Bouquot, president of AMRAE, and her team…
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Cards on the table
CRE caught up with Carsten Scheffel, Allianz Global Corporate & Specialty’s (AGCS) board member and chief regions and markets officer…
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Communication is key
Johnny Merlot is group and corporate insurance director at Orange, the Paris-based global telecommunications group, and co-author of a recently…
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Expert says no need for Spanish companies to panic over GDPR
The EU’s General Data Protection Regulation (GDPR) that comes into force in May 2018 should not throw Spanish risk managers…
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Greater transparency and more contact needed to build confidence in insurers, say risk managers
Spanish risk and insurance managers are clearly as happy as their peers around Europe that overall prices for corporate insurance…
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Holistic cyber approach needed to tackle fast-emerging risk: Guérit
The decision about who to place in charge of cyber risk is not simple and needs careful thought. Currently, IT…
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Complex risks demand enterprise approach: Hecht
The rise of complex, enterprise-wide and largely intangible risks such as cyber means that risk management is more important than…