Insurance
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More work needed on major loss planning finds ACE survey
A new survey by ACE suggests that although major loss planning is on the corporate agenda companies could do more…
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Global premium up 1.4% in 2013 but growth slows
Global insurance premiums rose by 1.4% to US$4.64tn last year with non-life business up 2.3% to US$2.03tn, according to figures…
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Risk management inadequacy one of 10 grey swan threats facing European insurers
AM Best has named 10 'grey swan' threats, including inadequate risk management, that can be anticipated but would have a…
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Corporate round-up
Christopher Lay named president of Marsh's global captive business, Mercer to acquire 34% stake in Alexander Forbes, Aon forms global…
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Legal safety standards not protecting firms warns MSIG
Businesses and their risk managers need to adopt higher safety standards than those legally required because such basic compliance is…
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Insurance grows 7% across Africa
African written premiums grew 7.28% in 2012, according to new figures from market analyst Axco Insurance Information Services.
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No surprises in South African elections
‘Business as usual’ may not be good enough to lure international investors to South Africa, something that risk managers need…
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Comfort with risk–Oscar Edelsvärd, Gen Re
Oscar Edelsvärd, Global Property Facultative, Branch Manager for Gen Re in Johannesburg, talks about the state of the insurance sector…
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Captives–Industry sector
CRA reports on the growth of interest in captives from African companies and some of the options at their disposal.
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Kenya–Country focus
Kenya is enjoying sustained economic growth and plenty of confidence for the future, as Steve Mbogo reports.
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Africa launches its first pool for catastrophe drought risks
The first catastrophe insurance pool for African nations has been launched by African Risk Capacity (ARC), a specialised agency set…
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African Insurance Organisation conference report
Almost 750 delegates from across the world gathered in Kigali earlier this month for the African Insurance Organisation’s annual conference.…
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Call for regulatory harmonisation across Africa
Corporates and their insurers and reinsurers could benefit if African regulators harmonised their rules, according to leading market players.
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Africa growth looks robust
In its latest Sub Saharan Africa (SSA) Credit Overview, Fitch Ratings expected growth in SSA to remain robust in 2014,…
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Kenyan firm’s security advisory impact
Kenyan tourism companies are increasingly concerned about the impact on their business after the UK government advised against all but…
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Cell phones to scale up low income targeted products
Mobile phones are seen as a key facilitator for the distribution of micro-insurance and takaful products in Sub Saharan Africa…
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Business interests stay calm as politicians toughen against Boko Haram
Five heads of African countries met in France last month with the French president to discuss security issues across the…
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News in brief
Africa Re Results, Greenfield foreign investment recovering, Broker news, Chemical potential and New Cote d’Ivoire director.
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Smoke and mirrors–comment
The past couple of months have reflected the seesaw nature of international business in many ways.
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Risk managers need help to deliver educated global programme message to board says Ferma president
According to Julia Graham, President of Ferma, risk managers are struggling to get to grips with some of the complexities…