North Africa
-
New export credit scheme for Morocco
The Morocco State Secretariat for Foreign Trade at the Ministry of Industry and Trade has unveiled a public export credit…
-
FM opening research centre in Europe to boost risk mitigation
FM is opening a European Science and Technology Centre in Luxembourg to help share and boost risk mitigation practices with…
-
Lloyd’s approval for Africa Specialty Risks North Africa
Africa Specialty Risks (ASR) North Africa has received approval to operate as a service company from Lloyd’s, allowing it to…
-
New general manager for Lockton MENA’s operation in North Africa
Fady Khawam has been appointed as general manager for Lockton MENA’s operation in North Africa, leading its reinsurance strategy there.…
-
Aon hires COO for France and Iberia from AXA XL
Aon has announced Enrique López will join the group from AXA XL as chief operating officer for Aon in France,…
-
Metzger leaves BHSI for Chubb
Chubb has announced the appointment of Leander Metzger as regional executive officer, eastern region, for Continental Europe, Middle East & North Africa.…
-
Chubb moves Kelaher to head up Europe, Middle East and North Africa
Chubb has appointed Peter Kelaher as division president of continental Europe, Middle East and North Africa to replace Sara Mitchell,…
-
Calls for creation of independent regulatory authority in Algeria
Algeria’s proposed revision of the insurance law should provide for the creation of an independent regulatory authority to oversee the…
-
EU naval forces confirm Somali piracy attack in Gulf of Aden
A group of suspected Somali pirates has been detained after firing on an oil tanker in the Gulf of Aden,…
-
Underwriters insert UK, US and Israeli shipping exclusions for Red Sea transits
Underwriters are imposing exclusions on ships with links to the UK, UK or Israel continuing transit in the Red Sea,…
-
Morocco earthquake fund covered by parametric solution
A parametric insurance arrangement covering part of Morocco’s National Catastrophic Event Coverage Scheme is expected to be triggered by the…
-
IMF calls for heightened risk management in MENAPEG region
Improved risk awareness, planning, management and mitigation can help vulnerable nations in the Middle East, North Africa and Pakistan (MENAPEG)…
-
African Risk Capacity launches parametric cover for epidemic risks
African Risk Capacity (ARC), the mutual created by the African Union (AU) to help member states better prepare for and…
-
Marsh to take majority stake in Moroccan insurance broker
Marsh is to acquire a majority share in Beassur Marsh, a leading Moroccan insurance broker. Marsh acquired an initial stake…
-
Netherlands calls for action on stranded Yemeni supertanker
The Dutch government has called for more urgent action to deal with the environmental threats posed by a decaying supertanker…
-
Tsielepis leaves Arch to join IGI as CRO
Bermuda-based specialty insurer and reinsurer, International General Insurance Holdings (IGI), has appointed Stav Tsielepis as chief risk officer of the…
-
Protests jump 45% across MENA region driven by Covid-19
The number of protests and riots in the Middle East and north Africa region (MENA) has jumped by 45% in…
-
SCR bids to become a major regional player
Moroccan reinsurer Société Centrale de Réassurance (SCR) is planning expansion across Africa, with a new strategy for the next two…
-
Africa Specialty Risks launches Bermuda reinsurer
Africa Specialty Risks (ASR), the pan-African reinsurance group, has launched a licensed reinsurance entity in Bermuda. The fast-growing group will…
-
Tunisia erupts into political turmoil
Risk managers will be watching with mounting concern as Tunisia’s President has dismissed the Prime Minister, suspended parliament and declared…