Insurance
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African countries face waiting game as UK votes for Brexit
Investors and governments across Africa appear to be pausing in the wake of the UK’s decision to leave the European…
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Customers and shareholders rattled by Skye Bank takeover
Shareholders and those with deposits at Skye Bank are jittery after the decision by the Central Bank of Nigeria (CBN)…
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Sub Saharan Africa slowdown set to continue during 2016
The slowdown in Sub Saharan African activity is likely to continue this year – dropping to 3% according to the…
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New deal to push for economic growth
The African Development Bank (AfDB) and the African Securities Exchanges Association (ASEA) have signed a five-year Memorandum of Understanding (MoU)…
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News in brief
Rating actions, New kidnap and cyber products, Angolan risk grows, Shariah move, Risk management partners and Ace now Chubb in…
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Growth subdued but African markets still have massive potential
A new report from Swiss Re reveals that non-life premium growth in Africa was subdued at 1.3% in 2015 (2014:…
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Opportunities abound in Africa despite tougher conditions
Following on from the publication of Swiss Re’s global insurance report, AM Best has taken a deeper look at Sub…
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Risk management reaching new heights as mining sector faces tough challenges
The past few years have been torrid for much of the mining sector globally, with commodity prices falling, labour costs…
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Challenging environments adding to cost for mining businesses
David Kaye takes a look at a new report from brokers Willis Towers Watson, which looks more closely at the…
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Africa: Leading the world?
Africa Re celebrated its first 40 years in business with a symposium in Kigali, attracting 300 insurers and other key…
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Insurance agents promise to set the pace in east Africa
The insurance sector still has a long way to go in building public confidence, as Steve Mbogo reports from the…
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Brexit may give UK more flexibility over insurance regulation
Brexit could give the UK a competitive advantage when it comes to insurance regulation, but options will be limited if…
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Companies ill-prepared for Black Swan port events: Marsh
Companies are failing to adequately prepare for port closures caused by "black swan" risks like terrorism and cyber that can…
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Swift recruits outside help to manage cyber risk and improve bank transfer safety
Swift – the interbank cooperative responsible for managing the messaging network through which banks transfer money to each other –…
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AXIS and Blackstone launch Harrington Re with $600m of capital
Harrington Reinsurance Holdings, together with its direct, wholly owned subsidiary Harrington Re, has raised capital of roughly $600m, and will…
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Mind the gap as Insurance Act looms
The UK’s Insurance Act comes into force in August and is one of the biggest changes for the risk management…
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SCOR welcomes decision that state-backed French nat cat scheme is illegal
SCOR has applauded a decision by the Paris administrative court this week that requires the French government to terminate the…
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2016 insured nat cat losses jump but in line with 10-year average
Global insured losses from natural catastrophes in the first half of 2016 were up on last year at $27bn, but…
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London plans foreign aid cat bond
London's insurance market plans a new type of catastrophe bond to help close the gap in uninsured disaster losses and…
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Insurance M&A activity slows, but Brexit may prompt deals in Europe
Global merger and acquisition (M&A) activity in the insurance industry has fallen this year, but the UK's decision to leave…