10 insurance markets maintain rankings in Africa

Published on August 1, 2024
Out of 54 countries in Africa, 10 of them were big enough to receive a market ranking on Swiss Re Institute's 2023 World Insurance Report that was released earlier this month.
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CrowdStrike outage an opportunity for cyber re/insurance market to reset, says AXIS CEO

July 31, 2024
The recent CrowdStrike-linked IT global outage presents an opportunity for the cyber insurance and reinsurance market to reset appropriately, according to Vincent Tizzio, President and CEO of AXIS Capital.During today’s Q2 2024 AXIS Capital earnings call, Tizzio discussed the impact of the July 19th CrowdStrike outage on the cyber market.He said, “When you think about the business interruption lan

UAE: Number of (re)insurance companies in DIFC stands at 125

August 1, 2024
The insurance and reinsurance sector in the Dubai International Financial Centre (DIFC) numbered 125 companies as of 30 June 2024, compared to 110 a year ago, according to a statement issued by the