Executive & D&O
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Insurers must adapt if they are to meet insureds’ demands for the future
Insurers across Africa need to be preparing now for massive changes ahead, warns one South African insurance boss. Stuart…
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AGCS promotes Green in UK PI team
Allianz Global Corporate & Specialty (AGCS) has promoted Rob Green to senior underwriter in its UK professional indemnity (PI) team.…
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Scandals highlight rising D&O risk in corporate Asia
High level executives in Asia corporates face a much greater risk of litigation and liability due to more stringent regulation,…
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New London e-platform gains momentum
A total of 1,600 risks have been placed using the London market electronic trading platform PPL since it launched in…
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Credit insurer ATI backs Ethiopian Airlines US$159m fleet expansion
The African Trade Insurance Agency (ATI) has concluded its first deal in Ethiopia, backing a US$159m loan from the African…
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Atradius reveals world’s top emerging markets
Ivory Coast is among the global leading emerging market economies (EMEs) to watch, according to trade credit insurer Atradius, which…
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Congo and Mozambique ratings affirmed by S&P
The Democratic Republic of Congo’s (DRC) B-/B ratings have been affirmed by S&P Global Ratings but the outlook remains negative…
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A good year ahead for Asian insurance buyers: Aon
Overall, 2017 should be a positive year for risk managers and insurance buyers, thanks to abundant capacity and decreasing rates,…
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SSA states benefiting from rating upgrades
Uncertainties are set to dominate the global economic climate but, for the first time since mid-2015, Coface has made more…
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Executives at risk from new liability scenarios and anti-corporate litigation culture
New risks such as cyber incidents or data privacy, rising regulatory and shareholder activism, and the influence of third-party litigation…
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Is insuring loss of power in Africa viable?
Estimates suggest that of the 1.2 billion people in the world who do not have access to electricity, half live…
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Turbulence hits Kenya brokers
While some in Kenya are discussing resilience in the insurance context, others are fighting a number of issues that could…
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Trade outlook deteriorates in new political climate
Uncertainty created by the UK's vote to leave the European Union and protectionist measures expected under Donald Trump's US Presidency…
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Corporate round-up
FM Global appoints risk expert Ingram to succeed Burchill, Allied World appoints Hall-Shaw VP of professional lines, Lockton appoints for…
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Financial services urged to step up cyber security
The financial services industry has been warned to make cyber security a boardroom issue after new statistics revealed the industry…
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Stuttafords’ 158-year history not enough to keep ‘wolves’ from door
Stuttafords, one of South Africa’s better known retail brands, filed for voluntary business rescue on 31 October. Stuttafords was founded…
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Cyber shoots up agenda for banks as risk approach reassessed, concludes IIF/EY survey
Cyber security, money laundering and sanctions have rapidly risen up the risk agenda for banks, according to a new survey…
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News in brief
Congo ratings move, African air freight in decline, Angola rating revised down, Zambia hits more stable note and CFOs want…
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Insolvency risk rises in developed markets
Insolvency rates will not improve this year or next year in developed markets, while many European countries will see an…
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Global and European insurance rates fall again but pace slows
Global commercial insurance rates continue to fall but the rate of decline is slowing, according to new figures from Marsh.…