Turkey
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Howden acquires Greek broker Matrix
Howden Broking Group has acquired Matrix Insurance and Reinsurance Brokers, the leading (re)insurance broker in large corporate and industrial risks…
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World Bank pandemic bonds will be triggered if virus cases escalate in developing world
The World Bank’s pandemic bonds, which could provide $132.5m of funds to countries within the International Development Association (IDA) and…
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AIR lists European countries most at risk from coronavirus outbreak in Italy
The UK, Germany, Spain, France, the Netherlands, Belgium and Romania are the European countries most at risk from the spread…
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Risk managers rising to the challenge of employee benefits
Employee benefits have become an increasingly hot topic for corporate risk and insurance managers in recent times. This is because…
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Latin American and Asian insurance markets to see double-digit growth, reveals Mapfre research
The emerging insurance markets of Latin America and Asia will continue to see double-digit increases in the coming 12 months,…
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Climate change tops travel risk list for 2020
Climate change has topped a list of travel risks for 2020, according to poll of top ten threats by Riskline.…
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Global P&C business profitable in 2018, says Aon study
Global P&C business has again produced an underwriting profit in 2018, with a combined ratio of 98.9%, according to Aon.…
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New frontiers present new risks
China's Belt and Road (B&R) initiative is inspiring a new philosophy surrounding multinational people risks, explains Jon Gregory.
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Gulf tensions send war rates soaring over and above tenfold increase
Shipowners operating in the Middle East can expect further big increases in the cost of war risk insurance, following the…
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Turkish government forms reinsurer Turk Reasurans
The Turkish government has established a reinsurance company to support the Turkish insurance sector, according to news agency Anadolu Agency.…
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Africa remains a good investment bet, as political risks slowly subside
Investment in Africa remains desirable, despite what can seem to be a challenging political risk environment. Risk managers continue to…
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Unemployment threatens security and safety in South Africa
Unemployment and growing income disparity have been drags on the South African economy for some years. However, as Christopher Palm,…
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Insolvency risk spiking in eastern Europe, warns Atradius
Insolvency risk is expected to spike for companies in eastern Europe this year as economies fight against global trade tensions,…
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Economic and cyber risks biggest concern to global and European business: WEF survey
Businesses across the world are most concerned by economic risks, but cyber has climbed the rankings once again and remains…
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Turkish insurance market hit by underwriting losses and economic uncertainty
Many global insurers would now think twice about investing in Turkey, with those present considering their options, as a result…
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Hyperion merges retail and specialist broking businesses
Hyperion Insurance Group is to merge its retail and specialist broking businesses under one management team from 1 October 2019.…
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Dive In diversity festival opens for fifth year
The global insurance industry’s Dive In Festival, to promote diversity and inclusion (D&I), has opened for registration for its fifth…
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Global manufacturing supply chains failing to make progress on child labour risk, finds Verisk Maplecroft
Global manufacturing supply chains that operate through the world’s major hubs are making little or no progress in stamping out…
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Vienna Insurance Group planning to expand
Vienna Insurance Group (VIG) is to use its strong capitalisation to achieve further growth and broaden its presence, according to…
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Sulphur Cap Series: Part 2 – A practical overview of the IMO 2020 Sulphur Cap
Beth Bradley, Benjamin Bryant and Ioanna Tsekoura, of Clyde & Co, consider the challenges facing compliance and challenges to enforcement…