AM Best has downgraded the Financial Strength Rating (FSR) to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” (Fair) from “bbb-” (Good) of Société Tunisienne de Réassurance (Tunis Re)…
Broker continues expansion across African continent MNK Re Group, the leading independent broker of worldwide specialist risks into Lloyd’s, is pleased to announce the appointment of Vanida Pillay as the new Chief Executive of its…
Full delivery on the P&C growth and profitability ambitions set at September’s Investor Day. SCOR allocates its capital to the lines benefitting from the best risk return profile: expansion of the Global Lines treaty portfolio, acceleration of the Specialty Insurance development, while reducing the climate-sensitive volatility. Strong growth in both P&C businesses: Treaty reinsurance grows by 19.0%, with a +9.8% underlying premium growth excluding one large…
Continental Reinsurance Plc has named the most diverse panel of judges yet for the 7th edition of the pan-African (re)insurance Journalism Awards. Two of the new judges are representing the continent’s Maghreb region after the…
Gen Re Appoints Joint Managing Directors to Lead Life/Health Business in Southern Africa
January 19, 2022
Gen Re is pleased to announce the appointment of Cindy Blanchard and Jason Cooper-Williams as the new joint Managing Directors of General Reinsurance Africa Ltd. They will take over from current Managing Director, Peter Temple,…
Oak Tree Intermediaries Reinsurance Training
November 23, 2021
Shirley Naidu – Marketing & Events Co-ordinator We recently held our second in-house reinsurance training at our offices. It was a half-day session, which we offered to our valued clients. Due to COVID -19 protocols, limited seats were available. Nevertheless, it was great to get back some normality to catch up with delegates, whilst we grabbed a cup…
Digital solutions assist in recalibrating insurance risk
November 9, 2021
Munich Re Africa Global insurers and reinsurers are leveraging technology to get closer to data, gain new insights into risk and recalibrate their traditional take on risk rating factors. Michal Nejthardt, recently promoted to Head…
2022 Pan-African (Re)Insurance Journalism Awards Expands as Organizers Call for Entries
November 3, 2021
Now in its 7th successful year, English, French, and, for the first time, Arabic entries are to be received between November 1st, 2021, and January 31st, 2022 Pan-African reinsurer Continental Reinsurance Plc this week opened submissions…