Insurance
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Signs of a hardening market for South Africa
Risk managers might find insurance costs on the rise after the first signs of a hardening market in South Africa's…
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One Re set to open up in Gabon
One Re hopes to be opening an office in Gabon to serve francophone Africa within the next two months. The…
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IISA names new president
The Insurance Institute of South Africa (IISA) has named Daryl De Vos, managing director, Africa Re Corporation SA (ARCSA), as…
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Inbound M&A deals to Africa have almost halved in past quarter
New figures from Baker McKenzie’s Cross-Border M&A Index show there were 17 inbound M&A deals in Africa in the second…
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Insurance Capital Standard not fit for purpose, says ABI, as IAIS launches field testing
The Association of British Insurers (ABI) has insisted that the International Association of Insurance Supervisors’ (IAIS) Insurance Capital Standard (ICS)…
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Half of Asian businesses have no liability insurance: QBE
Asia’s corporate market is significantly underprotected against liability risks, according to a recent study by QBE Insurance that revealed roughly…
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Commercial Risk becomes media partner of Dive In festival
Commercial Risk is pleased to announce itself as a media partner for this year’s Dive In festival, which promotes diversity…
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Internet-enabled home appliances should carry cybersecurity warnings, says UK police chief
Internet-enabled home appliances should carry cybersecurity ratings, similar to those for energy efficiency, a leading UK police chief has claimed.…
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Cunningham Lindsey appoints two UK operations directors
Loss adjuster Cunningham Lindsey has appointed two UK operations directors. Stephen Kerr will take the newly created role for the…
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Risk managers warned they must remain relevant
Risk managers must keep pace with technical developments if they are to remain relevant to their business, warned a leading…
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Insurance Crime Bureau set to expand across Africa
The former South African Insurance Crime Bureau has been renamed, in a move that will allow it to expand into…
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Insurance regulators sets to strengthen regional links
Insurance regulators across Africa are all set to work closely together as the insurance sector faces digital transformation. Speaking at…
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Insurers need to wake up to digital changes ahead
Too many insurers and brokers are burying their heads in the sand, according to one disruptive technology company operating in…
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Political risk on increase in Tanzania as government acts against mine
Fuelling concerns around political risk in the country, the Tanzania government has sent Acacia Mining a tax bill equal to almost…
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XL Catlin launches cyber insurance in Asia-Pacific
Bermuda-based insurer XL Catlin has unveiled a cyber and data protection insurance policy for Asia-Pacific. The policy covers business interruption…
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Global broking sector to see continued growth but at lower rate
The global insurance brokers sector will experience a decelerating growth trend in the next three or four years, but will…
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Africa’s first insurance leadership courses to be launched
The African Leadership University (ALU) and Swiss Re are to launch ALU's School of Insurance, offering innovative short courses and…
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Africa could lead way in insurance transformation
Africa is digital in nature and stands to leapfrog more mature markets in terms of transformation, Oliver Bäte, CEO of…
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Insurers look to rolling and longer-term contracts to reduce renewal burden
Insurers are making efforts to reduce the time and workload involved in annual renewals by offering longer-term contracts and experimenting…
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Beazley to expand further in European markets
Beazley posted first half pre-tax profits of $158.7m, up 6% on the same period in 2016. Gross premiums, at $1,149.3m,…