Author: Ant Darby
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 [...]
Chaucer and Moody’s collaborate on the way businesses manage their ESG profile
Reinsurer Chaucer has teamed up with ratings agency Moody’s to produce an innovative, data-driven environmental, social and governance (ESG) ‘scorecar [...]
Help for marine interests in building a sustainability report
Having published its own inaugural sustainability report in 2021, marine insurer Britannia P&I has created a template for its members and other sh [...]
MIC Global set to join Lloyd’s
MIC Global has received ‘in-principle’ approval from Lloyd’s for the creation of MIC Global Insurance syndicate in a box, Syndicate MIC 5183. MIC Glob [...]
AM Best believes pricing and terms on turn in North Africa
Pricing and terms in the Middle East and North Africa (MENA) are turning in favour of the region’s reinsurers, according to the new report from AM Bes [...]
Innovative partnerships needed to tackle climate related disasters
The devastating crisis in Madagascar sounds a stark warning of the need to take urgent action for Africa according to Ibrahima Cheikh Diong, Director [...]
Fitch launches ESG dashboard for financial institutions
Fitch Ratings has launched an interactive ESG dashboard for financial institutions; a tool that shows the distribution of Fitch's ESG Relevance Scores [...]
Three SA life insurers sanctioned for weak money laundering controls
The South African Reserve Bank (SARB) has imposed administrative sanctions on three life insurers and directed them to take remedial actions, after fi [...]