Anchor Insurance sees income improve 72%
Nigerian insurer Anchor Insurance Company has seen premium income rise to NGN3.5bn in 2018, from NGN2.2bn in 2017...
- Commercial Risk / Article / 7 days ago
- www.commercialriskonline.com
Continental Re sees pre-tax profits rise 22%
Continental Reinsurance Plc has reported a 22% increase in pre-tax profit for 2018. The pan-African reinsurer said gross premium income increased 15% to NGN34.19bn, while...
- Commercial Risk / Article / 2 months ago
- www.commercialriskonline.com
Lloyd’s sees rate increases with ‘newfound discipline’, says AXIS Capital
Rate increases of between 100% and 300% were seen at Lloyd’s at the 1 January renewals in some lines, according to Albert Benchimol, chief executive...
- Commercial Risk / Article / 3 months ago
- www.commercialriskonline.com
Vietnamese non-life insurers need to focus on profit as margins shrink
Non-life insurance companies that operate in Vietnam are still struggling to make decent profits because of high competition and falling interest rates, despite strong-to-moderate growth...
- Commercial Risk / Article / 7 months ago
- www.commercialriskonline.com
$907m lost by Kenyan government through mis-invoicing
Analysis of trade mis-invoicing in Kenya in 2013 shows that the potential loss of revenue to the government was $907m for the year...
- Commercial Risk / Article / 7 months ago
- www.commercialriskonline.com
Large losses impact Africa Re results
Africa Re saw strong half-year growth impacted by large claims and an upward review of reserves following the 2017 catastrophes. In its half-year results to the end of June...
- Commercial Risk / Article / 9 months ago
- www.commercialriskonline.com
Top three Japanese insurance groups report mixed results for fiscal 2017
The mixed net profits reported for fiscal year 2017 by Japan's top three P&C insurance groups were underpinned by their overseas business, according to Moody's Japan KK...
- Commercial Risk / Article / 12 months ago
- www.commercialriskonline.com
Insurers relocating to Luxembourg due to Brexit drive major premium growth
Luxembourg’s insurance regulator, Commissariat aux Assurances, has revealed that the insurance sector saw all-lines combined insurance premiums increase by 10.11% in the first quarter of...
- Commercial Risk / Article / 1 year ago
- www.commercialriskonline.com
Improved results for Hong Kong-listed Chinese P&C insurers in 2017
The non-motor lines of Hong Kong-listed Chinese property and casualty (P&C) insurers sustained overall business growth and underwriting profitability in 2017...
- Commercial Risk / Article / 1 year ago
- www.commercialriskonline.com
HDI to review German fire after profits slump
Risk managers with loss-hit accounts can expect another round of tough renewals from HDI, after the German industrial insurer raised concerns for fire business...
- Commercial Risk / Article / 1 year ago
- www.commercialriskonline.com