Insurance
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Ghana cracks down on foreign exchange to support the cedi
Financial instability and a depreciating currency has pushed government to take immediate measures to rescue the Ghanaian cedi.
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Cybercrime continues to climb risk agenda in Kenya
Fraud is one of the top three risks facing Kenyan businesses today, according to a group of risk managers who…
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SME lending gap filled by NIC bank/ATI partnership
Trade credit insurer African Trade Insurance Agency (ATI) and NIC Bank have announced a partnership to address the lending gap…
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News in brief
Nigeria bank rating, ACE launches casualty practice and Utility issues.
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P&I rate rises are tempered by soft commercial marine market
Last month’s renewal saw another sharp rise in protection and indemnity insurance rates, but intense competition in the marine market…
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The state of play in European insurance markets
We take an in-depth look at Marsh’s Europe, Middle East and Africa Insurance Market Report 2014 to see the state…
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Sticking your nose in–comment
Anyone resident in the west of England such as myself would not have been surprised to learn that January was…
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New HDI-Gerling tool helps buyers track global supply chain and nat cat exposure
Hannover-based industrial insurer HDI-Gerling Industrie Versicherung has introduced a new geo-information system that will help the company in risk analysis…
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Revenues and profits rise at JLT: CEO announces he will take a break
In its preliminary results Jardine Lloyd Thompson Group this week reported that total revenues were up 11% to £979.2m last…
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ACE’s Kendrick lays out client centric 2020 insurance model vision
Andrew Kendrick, President of ACE European Group, has called on insurers to better service clients by investing in emerging risk…
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Portuguese non-life market shrinks further in 2013
Portugal's insurance market posted a 20% increase in premiums during 2013, reverting two years of sharp decline, but non-life insurance…
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Corporate round-up
ACE launches improved EMEA business travel product, Mark Parker appointed Head of Mining and Metals in Aon's Global Broking Centre,…
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IUA publishes energy claims guidelines to boost buyer experience
The International Underwriting Association (IUA) has published best practice energy claims guidelines to ensure members' clients receive better service in…
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UK flood losses manageable for non-life insurers: Fitch
Fitch believes that losses from the floods and storms this winter will be 'manageable' for UK non-life insurers and have…
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Focus on technical underwriting helped AGCS weather tough market, says Axel Theis
Alliance Global Corporate and Specialty (AGCS), the corporate risk unit of Allianz Group, reported a healthy increase in profit for…
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RSA reassures corporate buyers amid plans to shrink international footprint
UK insurer RSA Insurance Group Plc has confirmed that it remains committed to the large corporate sector, although measures to…
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Swiss Re’s corporate unit posts 30% growth in 2013
Swiss Re Corporate Solutions has reported a near 30% increase in premiums for 2013 as the company continues to target…
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AXA Corporate Solutions achieves modest growth in 2013
Despite a competitive environment and a number of major casualty and construction claims in 2013, AXA Corporate Solutions posted slightly…
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Transactional risk market grows 155% in three years reports Marsh
Global demand for transactional risk insurance that covers mergers and acquisitions (M&As) has grown by 155% over the last three…
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RIMS calls for extension to TRIA before Senate Committee
RIMS this week called for an extension of the Terrorism Risk Insurance Act (TRIA) before the US Senate Committee on…