Hannover Re Group (Africa) Obtains Composite Operating Licence
February 26, 2021
The Hannover Reinsurance Group (Africa) has received regulatory approval for its application to consolidate its current, separate short-term and long-term reinsurance licences to a single composite licence, effective 01 January 2021. The company applied for…
Swiss Re reports strong underlying performance in 2020 and reaffirms a positive outlook
February 22, 2021
Swiss Re Group net loss of USD 878 million for 2020 Excluding COVID-19 claims and reserves (pre-tax) of USD 3.9 billion, Group net income rose to USD 2.2 billion from USD 727 million in 2019,…
Swiss Re Corporate Solutions appoints Melanie Slack as Head UK, Ireland, SA & EMEA Wholesale
February 1, 2021
By: Swiss Re Corporate Solutions Swiss Re Corporate Solutions appoints Melanie Slack as Head UK, Ireland, SA & EMEA Wholesale, effective 1 May 2021. She will be responsible for managing the strategy, development and performance…
Agility in the face of uncertainty
January 19, 2021
By: Michael Porter, RGA Choose whichever discouraging adjective you like to describe 2020, and few would argue with you. Plans, projections, and even our definition of “normal” have gone out the window, with tragic human…
The reinsurance market’s response to the pandemic
January 19, 2021
By: Paul Griesel, CEO of Aon Reinsurance Solutions Africa The COVID-19 pandemic is testing the global equanimity of every individual and organisation around the globe, and there is every expectation that its ripple effect will…
By: Swiss Re Swiss Re Corporate Solutions announces that it has received a direct insurance authorisation from the South African joint regulators Prudential Authority and Financial Sector Conduct Authority. Located in Johannesburg and fully operational,…
By: African Insurance Organisation (AIO) According to the Africa Insurance Pulse 2/2020, “Growth perspectives of African re-/insurance markets”, launched recently by the Africa Insurance Organisation (AIO), the COVID- 19 pandemic posed severe challenges to Africa’s insurers. In…
MNK RE Limited acquires Prospect Brokers Africa (Pty) Ltd.
November 5, 2020
Specialty Lloyd’s broker MNK Re Limited is pleased to announce it has reached agreement to purchase a majority stake in independent South African reinsurance broker, Prospect Brokers Africa (Pty) Limited. Prospect Brokers Africa was established in…
