Casablanca, Morocco// – IFC and Holmarcom, a leading, privately-owned Moroccan conglomerate, today announced an expanded partnership to advance access to finance and insurance in Africa, promoting sustainable business growth by strengthening Holmarcom’s banking and insurance footprint.
Munich, Germany– US juries have ordered a record number of supersized verdicts against companies in recent years. So-called “nuclear” verdicts have almost trebled since 2020, while the median verdict value has more than doubled.
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.
