Category: Sustainability
Strong reinsurer appetite drives excess property catastrophe capacity, says Guy Carpenter
Non-loss-impacted property catastrophe renewals saw notable risk-adjusted reinsurance rate reductions of 5% to 15% on January 1. However, there was a [...]
Insurers turn to facultative reinsurance as a strategic tool, suggests WTW
Facultative reinsurance is increasingly seen as a core element of risk management strategies; however, insurers may face significant barriers accessin [...]
ATIDI signs framework agreement with African Solidarity Fund to mitigate investment risks
African Trade & Investment Development Insurance (ATIDI) and African Solidarity Fund (ASF) have signed a framework co-operation agre [...]
Moody’s confident on property and casualty
Moody’s has changed its outlook for the global property & casualty (P&C) insurance sector to stable from negative.
The change reflects its [...]
AM Best affirms credit ratings of Continental Reinsurance
AM Best has affirmed its financial strength rating of B+ (Good) and the long-term issuer credit rating of "bbb-", both with a stable outlook for Conti [...]
ASR subsidiaries sign binding authorities with Eureka Re
Africa Specialty Risks (ASR) Mauritius and ASR Middle East have agreed binding authority agreements with Eureka Re, the multinational reinsurer. Eurek [...]
CIMA could provide a model for open borders more widely, but challenges remain
Oumar Ba, managing director Cameroon at Continental Re, talks to Liz Booth about business across the CIMA region and the challenges of adopting th [...]
IAIS adopts global insurance standard
The International Association of Insurance Supervisors (IAIS) has adopted a global insurance capital standard (ICS). Additionally, members endorsed su [...]
Experts highlight digital transformation as key to unlocking Uganda’s insurance future
The insurance sector in Uganda is on the cusp of transformation, with industry leaders emphasising the critical role of digital technologies in shapin [...]
Resilience and stability of insurance market highlighted by IAIS
The resilience and stability of the insurance market has been highlighted in the International Association of Insurance Supervisors (IAIS) annual Glob [...]