Africa
Auto traders distribute over 50% of motor premiums in emerging markets
Motor insurance is one of the most important components of non-life in emerging markets, according to recent research by Finaccord.
In Series Emerging Markets: The importance of being experts
Despite the political upheavals in the Middle East and North Africa, the thirst for self-development and raised standards has continued unabated.
In Series: Emerging Markets - MENA means business
Despite growing competition in the Middle East and North Africa from local providers, there are still opportunities for foreign insurers in the market
Post magazine – 8 March 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
AM Best gets green light for Dubai branch
Ratings agency AM Best is to open an office in the Dubai International Financial Centre in Dubai, UAE, after receiving the necessary regulatory and legal approval.
QBE merges casualty, professional and financial lines
Business insurance specialist QBE is combining its casualty international and professional and financial lines teams to form a new division, from 27 February 2012.
Market moves: All change in the boardroom
Underwriters were the most active recruiters this week, with Ace leading the way with two major appointments. Meanwhile, Brit, Lloyd’s Channel Syndicate and Whittington Capital Management also added to their ranks. While the broking space was relatively…
Arab Spring uprisings remain a 'key concern' for CEOs
Social tensions and public protests in counties affected by the Arab Spring remains a “key concern” for businesses operating within the nations impacted by the popular uprising, according to Aon’s 2012 political risk map.
Ace appoints international accident and health team head
Ace has appointed Craig Parfitt to head up the analytics and management information team for its accident and health business in Europe, the Middle East and Africa.
New Coverbox boss van der Merwe aims to beat telematics rivals on pricing
The new boss of telematics insurance provider Coverbox has outlined plans to better match premiums to its customers’ driving habits, insisting the current ‘pay-as-you-drive’ players are not making best use of the available technology.
Spotlight on environment: Providing protection
With climate change increasing the likelihood of natural disasters, insurers must influence the debate on how businesses and governments manage risks such as supply chain failure.
Ace recruits communications head from HSBC
Global reinsurer Ace has appointed Darragh Gray as director of communications and marketing for its Europe, Middle East and North Africa operations.
Arab Spring: Life during wartime
Continuing civil unrest in the Middle East and North Africa presents a challenge to the property insurance market — especially concerning the limits placed by the war risks exclusion.
Chartis re-jig creates three world regions
Chartis is splitting itself into three major geographic areas: the Americas; Asia; plus Europe, Middle East and Africa.
Marsh completes acquisition of Alexander Forbes' brokerage business
Broker Marsh has completed its acquisition of the brokerage business of Alexander Forbes.
Marsh eyes further African expansion
Marsh has completed its acquisition of the South African brokerage business of Alexander Forbes and plans to buy other Alexander Forbes operations in Malawi, Mozambique, Nigeria, Uganda and Zambia.
QBE appoints Radakovic to Dubai office
Business insurer QBE has recruited Vladan Radakovic from Chartis to be property underwriter in QBE’s Dubai office.
Towers Watson increases Fifth Quadrant shareholding to 51%
Professional services company, Towers Watson, has increased its shareholding in Fifth Quadrant, the independent South African actuarial consultancy, to 51%.
Willis appoints South Africa CEO
Willis Asia Pacific, Middle East and Africa president Scott Pickering has been named as CEO of the broker’s South African division.
Marsh launches EMEA renewable power practice
Broker Marsh has launched a Europe, Middle East and Africa renewable power & cleantech practice.
IRM recognises students
The Institute of Risk Management has named Karasachi Sylvester Nnadede and Karla Cruickshanks as its top students of the year.
BWise and LiBi to join forces in Israel
BWise, governance, risk and compliancemanagement software solutions specialist, has entered into a partnership agreement with business intelligence firm LiBi Software Technology in Israel.
Market moves: All change at Zurich and Willis
Following a slow period, large insurers made a number of key appointments this week, including major moves at Zurich, Allianz and RSA.
Broking supplement - Interview Toby Esser: Expansive thinking
Toby Esser talks about striking serious deals, his acquisitive ambitions and plans to penalise paper-lovers