Africa
Tokio Marine Kiln backed EIS approved as Lloyd's coverholder
South African Engineered Insurance Solutions has been approved as Lloyd’s coverholder with the backing of Tokio Marine Kiln.
Axa grows in Africa through tie up with Lloyd’s specialty Chaucer
A new venture between Axa and specialty insurer Chaucer will cover political risk, energy and infrastructure.
Lloyd's syndicates unite for $400m natural catastrophe pool
Eight Lloyd's syndicates are uniting to help protect emerging economies in Africa, Asia and Latin America from natural catastrophes.
Alan Corney handed Lockton MENA role
Lockton has named Alan Corney as regional retail CEO for the Middle East and North Africa.
Insurers issue cancellation guidance following FCO advice change
Holidaymakers who travel to Tunisa will no longer be covered by insurance following a change in the advice from the Foreign and Commonwealth Office.
Europe: The Terrorism Threat
Recent events in France, Kuwait and Tunisia clearly illustrate the evolving nature of the terror threat and its potential to affect people and businesses in unexpected ways.
Travel insurance categorisation questioned in wake of Tunisia attack
UK insurers are unlikely to face significant losses from the deadly Tunisian terrorist attack, however insiders have suggested the increased targeting of tourists could cause the market to rethink how it categorises territories for the purposes of travel…
Indian ocean 'provocations' risk increased piracy attacks
A perceived decline in the global piracy threat is leading some vessels to reduce risk mitigation measures, leaving them vulnerable to attack, according to a new report.
Piracy: Risks moving from Africa to Asia
Although there has been good progress tackling piracy in both East and West Africa, ensuring global attacks declined for a fourth year in a row last year, it continues to thrive elsewhere.
IGI targets untapped Middle East and African markets at it plots UK growth
International Insurance Group will eschew the saturated markets of Northern Europe and the United States as it looks to build its London operation, according to CEO Andreas Loucaides.
Interview - Gilles Galludec: Learning to share
Index insurance has come of age from its humble beginnings but more knowledge sharing is required if the market is to reach its potential, according to Gilles Galludec, program manager for the World Bank’s Global Insurance Index Facility.
Q&A Theo Duchen and David McDonald: From Nairobi to Nottingham
Co-founders of Acturis Theo Duchen and David McDonald reveal how their recent acquisitions tie into their wider plan for international expansion
Europe: Investing in creating digital value
Accenture's Roy Jubraj and Thomas Meyer examine how European insurers can create effective digital transformation strategies.
African reinsurer One Re gets UK regulatory approval
One Re, a reinsurer focusing solely on business from Africa, has received approval by the Prudential Regulation Authority and the Financial Conduct Authority.
Discovery acquires Prudential's remaining stake in Pru Health
South African medical insurer Discovery is to acquire Prudential's remaining 25% stake in Prudential Health for £155m.
60% of insurers planning to divest by 2017
More than half of insurers are planning to complete sales by the start of 2017, according to a study from Towers Watson, up from just 20% saying the equivalent last year.
Insurers risking FOS action by failing to clearly state travel insurance exclusions
Ebola crisis puts spotlight on Foreign and Commonwealth Office travel warnings
Brokerslink expands Eastern European and African footprint
Brokerslink has expanded its Eastern European and African presence and has announced the incorporation of its holding company.
International: The state of piracy
With the nature of the piracy threat constantly evolving, John Thompson looks at the role of private maritime security companies in mitigating the risk
Wreckage of crashed Air Algerie flight found
The wreckage of a crashed Air Algerie flight from Burkina Faso to Algiers was found over Mali yesterday.
Brokerslink splits EMEA region
Brokerslink has reorganised its Europe, Middle East and Africa trading area by splitting it into two separate regions - Europe, and Middle East and Africa.
Bima set to expand in Asian and Lat Am markets
Emerging markets mobile insurer Bima has raised an additional $22m (£13.2m) to support its expansion into several new markets in Africa, Asia and Latin America.
African and Middle East terrorism on 12 month surge
Terrorist and insurgent attacks across Africa and the Middle East have rapidly increased in number over the last twelve months according to figures from IHS Jane’s terrorism and insurgency centre.
MICC boosts membership to 16 with first female representative
The MENA Insurance CEO Club has inducted its first female member in the form of Lamia Ben Mahmoud, chair and general manager of Société Tunisienne de Réassurance.