Emerging Risks
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Lloyd’s opens in India as results suggest tough renewals ahead for risk managers
Lloyd’s has officially opened its India branch and welcomed MS Amlin as its first underwriting syndicate. The ceremony, which took…
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Singapore insurance sector posts lower profits as competition intensifies
Intense competition in a mature and competitive economy meant that Singapore’s non-life insurance sector posted premiums slightly up but reduced…
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THB industrial cyber risk package includes alternative firewall technology
A cyber security protection package for industrial businesses has been launched by a partnership comprising broker THB in conjunction with…
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The words on everyone’s lips
Cyber risk/cyber security is the most-used word or phrase encountered by insurers in 2016 according to a report from AM…
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Commercial drone use to soar in the US, FAA predicts
The US commercial, non-hobbyist drone (or Unmanned Aircraft Systems) fleet is forecast to grow from 42,000 at the end of…
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Seize the day – Parima interview
The current era of uncertainty is a great opportunity for Parima and its members to seize the initiative and demonstrate…
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Insurers urged to address emerging fracking risks
Insurers need to address growing fracking risks and develop policies to specifically cover the emerging threat, according to a new…
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Chinese regulator reveals big social plans for 2017
The China Insurance Regulatory Commission (CIRC) has laid out its big plans for the year and says it will focus…
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New app to give Ugandans free insurance cover
Android app SureBüddy has launched sponsored insurance and insurance-related products in Uganda. SureBüddy plans to roll out into 11 Sub…
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Driverless cars could reshape Africa’s insurance markets
The motor insurance sector, which drives many of the African insurance markets, is set to be completely transformed as widespread…
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ICMIF to launch mutual microinsurance scheme with India’s DHAN foundation
The International Cooperative and Mutual Insurance Federation (ICMIF) has announced that it will work with the Development of Humane Action…
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Sompo develops online reputation insurance for corporates
Japanese insurer Sompo has launched a new insurance policy designed to protect a business from online attacks on its reputation,…
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Number of wealthy Africans on increase as extreme poverty numbers rise significantly
Seven of the 10 most economically unequal countries in the world are in Africa, most of them in southern Africa,…
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Risk management at heart of new weather risk-related deal
African Risk Capacity (ARC) has formally teamed up with the African Development Bank (AfDB) to strengthen mechanisms to manage weather-related…
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Linkage in bid to drive growth through Nigerian brokers
Linkage Assurance has strengthened its partnership with brokers to generate strategic growth potential and expand its market-share in the Nigerian…
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Cross-border online retail predicted to grow at twice the rate of domestic e-commerce
African retailers have a great opportunity to grow their business across borders through e-commerce channels, according to a new report…
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IAG plans insurtech hub in Singapore
Insurance Australia Group (IAG) is the latest insurer to launch an insurtech centre in Singapore, in a bid to spread…
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Kenya farmers get largest ever payout as weather index insurance kicks in
Kenya pastoralists will receive $2.15m as compensation for loss of livestock in the ongoing drought, from Kenya Livestock Insurance Programme…
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Climate change could soon impact D&O cover – Clyde & Co
Underwriters need to start asking searching questions about how businesses are responding to climate change, according to law firm Clyde…
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Compulsory cover for robots proposal rejected
Compulsory insurance for producers of robots to cover the damage they might cause is unworkable, according to Insurance Europe.