Egypt: GIG insurance subsidiary receives ratings upgrade

Published on October 1, 2024
GIG-Egypt has a record of generating strong earnings despite the challenging operating conditions and high inflationary environment of Egypt, said AM Best.
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LCP reveals 198% own funds ratio amid evolving market risks in insurance sector

October 1, 2024
LCP (Lane Clark & Peacock), a consultancy firm specialising in actuarial, investment, and insurance services, has reported another robust financial year for the insurance market, despite the challenges posed by increasing risks.Their eighth annual review of Solvency II, which examines data from 100 of the largest non-life insurers in the UK and Ireland, indicates continued financial growth in 2023

Hannover Re names Wilson MD of Life & Health Global Services

October 1, 2024
Global reinsurer Hannover Re has announced the appointment of Margot Wilson as Managing Director of the newly created division Life & Health Global Services.The division will be responsible for spearheading crucial initiatives related to L&H that align with the long-term execution of Hannover Re’s strategic plan.This also includes a focus on consistently improving Hannover Re’s competitive edge an