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AM Best’s assessment of the UK non-life insurance market remains poor.
Instability in the economy, problems with underwriting performance, and the scarcity of reinsurance protection are some of the main reasons why AM Best is keeping ...
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Swiss Re has announced plans to streamline its organisational structure.
Swiss Re disclosed measures to simplify its organizational structure by splitting its reinsurance business unit into two distinct businesses subject to regulatory approvals, the reorganization, ...
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From Salama Assurances to Finafrica Assurances Sénégal
Finafrica Assurances Sénégal was created on the 1st of September 1988 in Dakar, under the name «SOSAR AL AMANE» to underwrite all classes of business ...
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Jonathan Valette appointed new Deputy Managing Director of Ascoma in Ivory Coast
The Ivorian subsidiary of Ascoma Group, a member of Chedid Capital Holding, has promoted Jonathan Valette to the position of deputy managing director. After earning ...
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Godelive de Cordier Okit’otete, the new managing director of SUNU Assurances (Non-Life) DRC
Godelive de Cordier Okit’otete has received a promotion to the position of Managing Director at SUNU Assurances DRC. Okit’otete holds an MBA in management and ...
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Gulf Insurance Group posts net profit of $124.7mln for 2022
For the fiscal year that concluded on December 31, 2022, Gulf Insurance Group (GIG) reported a net profit of KD38.2 million ($124.7 million), or 134.56 ...
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