Insurance
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Alesco’s energy division makes substantial new hires
Alesco Risk Management Services, the specialty broker, has made a number of senior hires in its energy division. David Hallows…
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Generali posts positive first-half numbers
Generali’s net profit increased by 3.7% in the first six months of this year to €1.2bn, with operating income up…
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AIG’s income falls in Q2 but profits up a touch
AIG posted net income of $1.1bn for the second quarter of 2017, heavily down from $1.9bn recorded during the same…
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Leadway pushing for market penetration in Nigeria
Leadway Assurance has launched a mobile office, designed to create more awareness and deepen penetration of insurance services in the…
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Software provider opens Sandton office
Sapiens International, a provider of software solutions for the insurance industry, has opened an office in Sandton, South Africa. The…
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Novae posts H1 loss but cyber keeps growing
Novae Group, the specialty insurance group that recently recommended an offer from AXIS Capital, has announced its interim results for…
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Towergate announces push into specialty lines with terror product
Towergate Underwriting has launched a new London business called Geo Specialty. The first market to go live is political violence,…
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BHSI forms southern Europe hub in Dublin
Berkshire Hathaway Specialty Insurance Company (BHSI) has established a new office in Dublin and appointed Cormac McNamara as property and…
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African agriculture must become a business
Agriculture needs to become a business, not a way of life, if Africa is to reap the potential from the…
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Ransomware attacks double in 2017 and accidental data loss remains a concern: Beazley
Ransomware attacks more than doubled in the first half of 2017 compared to the same period of 2016, while accidental…
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Africans head to the polls
In a nine-day span from 30 July to 8 August, no fewer than five Sub Saharan African countries will hold…
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Inga Beale named president of CII
Lloyd’s CEO Inga Beale has been elected as the 121st president of the Chartered Insurance Institute (CII). Ms Beale succeeds…
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Argo announces two senior appointments
ArgoGlobal, the Lloyd’s insurer and part of Argo Group, has appointed Dominic Kirby to replace David Harris as managing director…
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Upstream energy market at ‘tipping point’ with some insurers likely to withdraw
The upstream energy insurance market is at a “tipping point” and cannot sustain current premium levels, with some players likely…
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Turning the tide on holiday illness claims
Risk managers and their insurers are always on the watch for the next big trend. The recent eye-watering increase in…
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Munich Re planning to close Ghana and Kenya offices
Munich Re has started negotiations regarding the relocation of key staff in its Nairobi and Accra liaison offices to the company’s…
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Munich Re planning to close Ghana and Kenya offices
Munich Re has started negotiations regarding the relocation of key staff in its Nairobi and Accra liaison offices to the company’s…
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Insurance sector most concerned by cyber security finds survey
Directors and senior managers working in finance and insurance consider cybersecurity a higher priority than any other sector, with those…
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New CEO for Hollard
Saks Ntombela will become group CEO of South African insurer Hollard on 1 October, taking over from current CEO, Nic…
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Concerns growing around Kenya election
Politicians are increasingly worried about post-election violence in Kenya after a senior Kenyan election official was found murdered, three days…