State-owned reinsurance company Kenya Re will be marking its 50th anniversary next year at a time the company is facing challenges in the local and regional markets.
AXIS Capital has announced a new policy addressing thermal coal and oil sands-related underwriting and investments. The new policy will support the transition to a low-carbon economy.
The 25th Indonesia Rendezvous held last week kept its sights trained on the future with an emphasis on starting to prepare for it now.
Reinsurance giant Swiss Re has released several new solutions for insurance segments in China that hold huge potential for growth.
Arab Insurance Group (Arig) has announced that the Central Bank of Bahrain (CBB) advised Bahrain Bourse on 7 October 2019 to resume trading in Arig shares, which had been suspended since 14 May 2019.
Malakut Group of Companies arranged international reinsurance coverage worth $67m for the "Soyuz-FG launch vehicle with Soyuz-MS15 manned spacecraft" that took UAE astronaut Hazzaa Al Mansoori to the International Space Station (ISS).
MS Amlin has exited the aviation insurance market effective from 14 October and ceased underwriting aviation insurance renewals or new business. This change excludes the aviation hull war portfolio which will continue to be underwritten by the existing war team.
Insurance markets across sub-Saharan Africa provide an opportunity for diversification and an avenue for growth, and so remain attractive to international reinsurers taking a longer-term view, according to the ratings agency AM Best.
Harare-headquartered insurance and property group
Zimre Holdings (ZHL) has ended talks to raise capital for Emeritus International Reinsurance Company (Emeritus Re), citing contrary valuations between negotiating parties.
Asia Reinsurance Brokers (ARB) has announced the appointment of Mr William Pang as managing director effective from 10 December 2019. Mr Pang will oversee ARB's business portfolio and teams across all territories. He will also be a member of ARB's Board of Management.