Author: Ant Darby
Competition for space likely to increase as geopolitical tensions rise, warns Marsh
Rising competition for supremacy over soil, sea and space will fuel future global geopolitical tensions as nations seek to stake their claims on sea-b [...]
New insurance law approved by Egyptian Senate
Following more than a month of debates, Egypt's Senate has approved a new government-drafted unified insurance law, which one MP described as necessar [...]
IMF updates Climate Change Dashboard to add data for greater financial analysis
The International Monetary Fund (IMF) has updated its Climate Change Indicators Dashboard – an international statistical initiative to address the gro [...]
New climate council for Verisk to understand climate change risks better
To help organisations better understand the impacts of climate change and inform their resilience and sustainability efforts, Verisk has formed the Ve [...]
Marsh commits to low-carbon strategies, aiming for net zero by 2050
Marsh McLennan has announced its commitment to set and execute low-carbon transition strategies that chart a path to net zero across its operations b [...]
New aviation parametric product for reinsurer
Blink Parametric, a CPP Group insurtech, has agreed a strategic partnership with reinsurance broker MNK Re.
The collaboration will see the early ro [...]
African insurers need to prepare for IFRS 17
Many African insurers are still struggling to understand the implications of the new IFRS 17 guidelines and implement a compliance solution, warns Equ [...]
Insurer invests further in fibre-optic project
Insurance group Jubilee Holdings Limited (JHL) has purchased an additional 10% stake in submarine fibre-optic cable project SEACOM, increasing its sha [...]
Munich Re exceeds profit target for 2021
Munich Re posted a profit of €2,932m in the 2021 financial year, thus exceeding its profit target of €2.8bn. The group’s profit in Q4 2021 amounted to [...]
Insureds want greater clarity from their insurers
There is strong demand from global consumers for more proactive, personalised engagement from carriers, brokers and insurance agents, particularly whe [...]