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The jailing of ex-president Jacob Zuma over corruption charges has triggered civil unrest this week.
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The changes are designed to simplify the business and streamline operations.
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MS Amlin Underwriting Limited (MS AUL) has appointed Richard Bayman from Chubb as head of aviation reinsurance.
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The Malta-based business has been granted local authorisation to begin writing business.
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Founding member Scor has also announced a commitment to phase out the underwriting of coal-fired power plants.
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Convex CEO Stephen Catlin tells Insurance Insider why the work undertaken by an advisory group assembled by Pool Re will be vital to help protect the UK from systemic risks.
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The CEO also laid out QBE’s strategy and urged the market to work together on innovation.
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The insurance trade body has set out an ambitious climate change roadmap that would see members contribute one third of the total investment needed to help meet the UK’s net-zero target.
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A total of 13 companies, including five brokers and eight insurers, will now be able to trade digitally across the (re)insurance lifecycle without geographical limits.
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Plus PPL’s NextGen platform woes and all the top news from this week.
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Austria and the Czech Republic are likely to record their most costly convective storms on record.
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The proposal for a global minimum corporate tax rate of at least 15% was agreed by the G7 earlier this month.