Author: Ant Darby

ASR and Africa Re agree deal on political risk and trade credit cover
Africa Specialty Risks (ASR) and the African Reinsurance Corporation (Africa Re) have entered into a partnership agreement on the provision of politic [...]

ASR and SCR agree new partnership to write multi-business-line coverage
Pan African reinsurer Africa Specialty Risks (ASR) has agreed a new partnership with Société Centrale de Réassurance (SCR), the leading reinsurer in M [...]

Insurers must put the S into ESG, suggests Sapphire, and respond to changing demands
With any physical damage, there is usually a mental health trauma running alongside it - but too often insurance products focus on the physical and fi [...]

Increases in commercial insurance rates easing slightly, reports Marsh
Global commercial insurance prices increased 6% in the third quarter of 2022 (down from an 9% increase in Q2), according to broker Marsh.
Its Globa [...]

Warning from global north activists on fossil fuel insurance – impacts to be felt across Africa
Insurance company restrictions on oil and gas are finally starting to catch up with those on coal, according to new data from the global north campaig [...]

Insurance diversity festival opens today with events across Africa
Dive In – the insurance industry’s leading festival for diversity, equity and inclusion (DE&I) – is continuing its mission of enabling people to a [...]

Marsh provides businesses with tips to incorporate nature-related risks into their agendas
The consequences of environmental degradation on businesses are already apparent, warned broker Marsh.
It said extreme biodiversity loss, widesprea [...]

AM Best confirms global reinsurance market is stable
Despite lingering economic and operational challenges stemming from the Covid-19 pandemic, AM Best’s outlook for the global reinsurance industry remai [...]

Reinsurance market facing volatility but inspiring confidence, says Guy Carpenter
A highly complex risk environment caused by influences within and outside of the sector, coupled with the evolving dynamics of a hardening market, are [...]

Moody’s expects reinsurance prices to rise as reinsurers impose better discipline
Good underwriting discipline and strong demand will push up reinsurance prices, suggests ratings agency Moody's.
In its latest Reinsurance Outlook, [...]