Category: Insurance

Munich, Germany// – Cyber claims have continued their upward trend over the past year, driven in large part by a rise in data and privacy breach incidents, Allianz Commercial warns in its annual cyber risk outlook.

Following a frenzied 2021, the private equity (PE) market saw a 15 per cent decrease in deal count in 2022.1 The North American insurance industry also felt the slowdown, seeing a similar reduction in deals from 2021 to 2022, according to McKinsey analysis of data from Pitchbook.

London, UK -//- Africa Specialty Risks (ASR), the pan-African and Middle East focused (re)insurance group, announced that Fitch Ratings has assigned a BBB+ long term insurance financial (IFS) rating with a positive outlook to ASR Re Limited (ASR Re).

Johannesburg, South Africa// – Allianz Commercial South Africa, in partnership with Cox Yeats hosted a hybrid panel discussion on September 4, 2024. The event, held at Cox Yeats’ office in Sandton, brought together industry experts to delve into the pressing issue of Cyber Crime.

Sanlam Angola Seguros has announced the appointment of its new Chief Executive Officer, Armando Jorge Mota, with effect from 12 August 2024.

Munich, Germany//-Allianz is mobilised to help deliver a successful Olympic and Paralympic Games Paris 2024, beginning with the support of more than 160 Team Allianz athletes and Para athletes, with 90 likely to compete at Paris 2024.

Accra, Ghana//-Organized Labour is set to commence a nationwide strike today, protesting the Social Security and National Insurance Trust’s (SSNIT) attempt to sell its 60% stake in four hotels.

Accra, Ghana//-The Social Security and National Insurance Trust (SSNIT) has halted its intended sale of a 60% stake in four of its hotels to a private hotel owned by Ghana’s Minister of Food and Agriculture, Bryan Acheampong.

Johannesburg, South Africa //- – The engineering, construction, and real estate sector is facing significant challenges in the year ahead, with Natural catastrophes and Fire, and explosion risks emerging as the primary concerns, according to the Allianz Risk Barometer.

Ghana’s Social Security and National Insurance Trust (SSNIT) is projected to deplete its funds in meeting its financial commitments to beneficiaries in the future.