Insurance
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Ethiopia dam attack attempt not viable threat but indicates increased terrorism risk
A planned attack against Ethiopia's Grand Renaissance Dam (GRD) hydroelectric project was thwarted by security forces on 1 March, according…
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138 million Nigerians do not trust insurance
The level of mistrust of insurance in Nigeria is sky high, according to a new survey that reveals 138 million…
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New blockchain technology trialled to improve London market claims
A new blockchain prototype has been developed for the London market, which promises to speed up the claims processes and…
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Willis Towers Watson completes purchase of French aviation broker OAAGC
Willis Towers Watson has completed the acquisition of French aviation broker OAAGC, to make it the leading aviation intermediary in…
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Airmic raises concern over broker conflicts of interest
Airmic has raised concern over broker conflict of interest and remuneration, calling for more transparency over how intermediaries operate and…
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Moody’s: Low oil prices are headwind for GCC insurance market
Moody's Investors Service has warned that insurers in most Gulf Cooperation Council (GCC) countries are likely to face moderate to…
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Decree on Dutch insurance premium tax issued
A new decree on insurance premium tax (IPT) in the Netherlands has been issued, clarifying and changing certain aspects of…
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Greek authorities clarify IPT rules
Greek authorities have published clarifications of the rules concerning Greek insurance premium tax (IPT), according to FiscalReps. The new Independent…
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Many firms unable to prepare for ‘worst case’ Brexit because costs too high: CBI
The UK’s Confederation of British Industry (CBI) has warned that if the UK leaves the EU without a trade deal…
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Changes to TRIPRA in US will impact captives in 2017
Changes to the 2015 US Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), such as raising the programme trigger and increasing…
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Zurich NA and Deloitte to offer cyber combination
Zurich North America is to cooperate with consultants Deloitte on providing cyber risk mitigation and transfer services to businesses in…
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UAE’s financial regulations will help insurers in medium term
As insurers in the United Arab Emirates (UAE) adjust to recent financial regulations and overcome initial compliance hurdles, Moody’s Investors…
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Modest growth and consolidation forecast for Saudi insurance market
The Saudi insurance market is expected to see only modest growth at best in 2017, according to Standard & Poor’s…
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Chinese regulator warns insurers against “risky behaviour”
The Chinese insurance regulator has said that it would not allow the insurance sector to become a “club of the…
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Brit launches US cyber unit
Brit Ltd has launched a new cyber and technology team for Brit Global Specialty USA, with Michael Carr appointed senior…
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Risk managers urged to tackle dominant employee cyber threat
Willis Towers Watson has urged risk managers to look at the threat posed by employees when managing cyber risk and…
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Linkage in bid to drive growth through Nigerian brokers
Linkage Assurance has strengthened its partnership with brokers to generate strategic growth potential and expand its market-share in the Nigerian…
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Managing cyber risk challenges within reach: Swiss Re
Risk managers and insurers are within reach of tackling the challenges and complexities posed by cyber risks, according to a…
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Cross-border online retail predicted to grow at twice the rate of domestic e-commerce
African retailers have a great opportunity to grow their business across borders through e-commerce channels, according to a new report…
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Tesla trials new auto insurance model in Asia
Tesla, the company synonymous with the development of driverless cars, has been using Asia as a testing ground for a…