Reinsurance

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Merge To Meet Capital Requirement- NIC Urges Insurance Companies

The National Insurance Commission (NIC) has urged insurance companies that are struggling to meet the minimum capital...

International

Insurer Lloyd’s of London Confirms New Brussels Subsidiary

Lloyd's of London says it will establish a new European subsidiary in Brussels to avoid losing business when the UK...

International

Disaster Costs Nearly Double To $175bn In 2016

Devastating earthquakes, floods, hailstorms and wildfires, along with man-made devastation, helped push global disaster...

International

Fairfax Financial To Buy Allied World For $4.9 Billion In Cash and Stock

Toronto-based insurance group Fairfax Financial Holdings Ltd (FFH. TO) has agreed to buy Swiss insurer Allied World...

Business

African Reinsurance Market Hits $64 Billion

There are strong indications pointing to the growth of the Africa’s Reinsurance Market in the next five years. The...

Business

FPSO Nkrumah Gets Hull & Machinery Insurance

Tullow Oil has announced that Hull & Machinery insurance cover has been confirmed for the FPSO Kwame Nkrumah by its...