Reinsurance Markets

Reinsurance Markets

Reinsurance Reinsurance & Capital Markets Reinsurance Markets Reinsurance Outlook

By Liz Booth Developing strong risk management principles has helped Nairobi-based reinsurer Zep Re maintain its AM Best ratings. AM Best has affirmed the financial strength rating of B++ and the long-term issuer credit rating bbb of ZEP-RE, PTA ...
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International Reinsurance Reinsurance & Capital Markets Reinsurance Markets Reinsurance Outlook

BY  Brenna Hughes Neghaiwi  A rise in insurance premiums, especially in areas affected by recent hurricanes and disasters, will help Swiss Re recover from almost half a billion dollars of losses in the first nine months of this year, ...
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Reinsurance Reinsurance & Capital Markets Reinsurance Markets Reinsurance Outlook

By Liz Booth Africa’s reinsurance market should resume growth next year, after a tricky couple of years caused by a steep decline in African currencies against the US dollar and the sharp drop in oil prices. Reinsurance executives ...
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Life Insurance News Reinsurance Reinsurance & Capital Markets Reinsurance Markets Reinsurance Outlook Risk Management

The Insurance and Pensions Commission’s (Ipec) 2nd Quarter Life Report showed that Grand Reinsurance life business had a large underwriting loss as a result of substantial claims. Ipec reported that the firm which recently registered as a Life ...
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Life Insurance News Reinsurance Reinsurance & Capital Markets Reinsurance Markets Reinsurance Outlook

By Donald Chidoori The entry of two regional giants, Grand Re and Zep Re, into the life reinsurance business did not have any impact on the total business written by life reinsurers, the latest Ipec Life Report shows. ...
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Claims Funeral Life Insurance News Regulation Reinsurance Reinsurance & Capital Markets Reinsurance Markets

Yesterday,  the Insurance and Pensions Commission unveiled, the ‘Second Quarter (Q2) Life Assurance Report for 2017’, which puts the operations of life insurers and reinsurers under the microscope. Based on the findings of the report, the combined asset base ...
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Markets News Reinsurance Markets

By Livingstone Marufu Zb Reinsurance, a wholly-owned subsidiary of ZB Financial Holdings, is still pursuing its Mozambican Reinsurance unit project despite foreign currency shortages which continue to stall the project. The development comes following reports that ZB is ...
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Life Insurance Markets Money Motor News Reinsurance Markets

Zimbabwe’s biggest Commercial Bank’s two insurance units, CBZ Life and CBZ Insurance are eyeing for regional equity expansion as the Group seeks to increase their total assets and profit contribution. Speaking to insurance24 Group chief executive officer Never Nyemudzo ...
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Reinsurance Reinsurance & Capital Markets Reinsurance Markets Reinsurance Outlook

BY Marianne Lehnis Re/insurance supervisors and players in Sub-Saharan Africa have highlighted the success of agricultural index insurance in improving the region’s disaster resilience, as, they say, momentum for index insurance solutions continues to grow.Speaking ahead of the ...
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Reinsurance Reinsurance & Capital Markets Reinsurance Markets Reinsurance Outlook

THE African Trade Insurance (ATI) Agency supported trade and investment worth $4 billion in Africa in 2016 in which Zimbabwe and Ethiopia snatched $400 million of the package. Zimbabwe became a fully fledged ATI member after admission into ...
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