Author: Jakki Green
Africa Specialty Risks Re gains Baa1 rating from Moody’s
Africa Specialty Risks Re (ASR Re), the pan-African focused reinsurance group, has been assigned a Baa1 long-term insurance financial strength rating [...]
Book launched with innovative solutions for insurers to face growing climate change risks
As natural disasters increase in frequency around the globe, leaving countries struggling to respond to the resulting devastation, leading academics h [...]
African insurance premiums dropped 2.6% in 2022, reports AIO
In 2022, African economies faced new obstacles in an unpredictable global risk landscape. Real GDP grew by 3.8%, down from 4.8% in 2021, [...]
Les vents contraires de l’économie ont ralenti les marchés Africains de l’assurance en 2022
L’Organisation des Assurances Africaines (OAA) a publié aujourd’hui son rapport annuel 2023 sur le développement des marchés africains de l’assurance. [...]
Aon publishes work on severe convective storms and the implications for insurers
Aon has published research on the drivers of severe convective storm (SCS) insured losses, which it warned could influence the outcomes of the forthco [...]
More weather-related losses likely for insurers, warns Moody’s
Growing insured exposures, high reconstruction costs and rising global temperatures are contributing to larger and more unpredictable weather-related [...]
Time to embrace new migrant health welfare approach?
Encouraged by the outcome of the meeting with Comptroller of Immigration and Border control, a scheme to protect migrant workers could soon be launche [...]
Global reinsurers set to maintain underwriting profits despite tough conditions, says AM Best
Despite operating in extremely challenging conditions, with persistent and elevated claims activity, rating agency AM Best expects reinsurers to gener [...]
Munich Re and Allianz both pleased with half-year figures
Munich Re and Allianz have both posted their first-half results, revealing healthy figures from each group despite the globally tough economic environ [...]
2023 continuing run of high nat cat losses, warns Munich Re
The first half of 2023 is a continuation of the recent run of years with high losses, warns Munich Re. While the overall losses of US$110bn were lower [...]