AfricaHot newsInvestmentReinsurance

Global news at a glance

Global reinsurance group Munich Re has recently launched their new IT based insurance for construction risks. Swiss Re reported from the World Economic Forum’s regional East Asia 2014 summit from 21 to 23 May 2014 in Manila in the Philippines. Mauritius sugarcane firm Omnicane will invest USD 250 million into sugarcane plantations in northern Ghana, creating 2,000 jobs and boosting income in the impoverished region.
Hot newsReinsurance

Global interactions – global opportunities

From 14 to 15 May SCOR Global P&C held a two-day Campus seminar on the supply chain and contingent business interruption (CBI) with a perspective on Property and Casualty. SCOR is a global reinsurer with 39 offices across five continents reporting to six hubs: New York, London, Paris, Zurich, Cologne and Singapore. SCOR was rated “Best Reinsurance Company for US Life”
Hot newsReinsurance

Swiss Re's successful AGM

Swiss Re’s shareholders approved all proposals put forward by the Board of Directors at its annual general meeting (AGM) held in Zurich on 11 April 2014. Shareholders re-elected the 11 current members of the Board of Directors who were nominated for re-election, and elected Susan L. Wagner as a new member of the Board of Directors.
Hot newsReinsurance

Aon Benfield – Reinsurance capital hits a new high

Aon Benfield capital has reached a high of 540 billion U.S dollars as of December 2013. The figures are as follows: Net income up 16% to USD34 billion, aided by below average natural catastrophe losses and more favorable prior year reserve development. Return on equity improves to 10.6%.