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A New Reinsurer Born in Dubai with the intention of becoming global
SM Re, a new reinsurance company is born in Dubai with the ambitious goal of becoming a major participant on the world stage. A new ...
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Kenya Re reports a consolidated net profit of US$27.5 million in 2022, up 15% from 2021.
For the fiscal year that concluded on December 31, 2022, Kenya Reinsurance Corporation (Kenya Re) reported a consolidated net profit of KES3.62 billion ($27.5 million), ...
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UK vehicle insurance premiums continue to rise by 35% year over year, according to Jefferies
According to analysts at Jefferies, the cost of automobile insurance in the UK continues to rise. Premiums were +35% higher YoY in February and +3.4% ...
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Emma Loynes appointed CEO of Lloyd’s Asia
Subject to regulatory approval, Emma Loynes has been appointed as the new Country Manager for Lloyd’s in Singapore. She will also assume the role of ...
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Cameroon insurance market: 2022 provisional turnover
The Association of Insurance Companies of Cameroon (ASAC) has published the provisional market figures for the year ended 31 December 2022. The total turnover of ...
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Sang Hun Park returns to Allianz Re to lead retrocession
Allianz Re, the global reinsurance unit of the Allianz Group, announced Sang Hun Park as its newest global head of retrocession, effective 1 May. Park ...
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