Munich Re says damage inflation rising much faster than CPI rate
German major reinsurer, Munich Re announced on Sunday that it will seek higher reinsurance rates as costs for…
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reinsurance
Moody’s raises outlook on global reinsurers to positive
Moody's Ratings raised on Tuesday its outlook for global reinsurers from stable to positive, citing increased…
Afreximbank signs $300 million AATGS deal with ZEP-RE
The African Export–Import Bank (Afreximbank) has signed on Sunday a term sheet for a $300 million African…
Egypt’s Misr Emirates Life Takaful renews reinsurance deals with Gen Re for 2023
Misr Emirates Life Takaful – Salama has renewed its reinsurance contracts for another year, its managing director…
Reinsurer ASR plans to establish new hubs in Egypt, and five other African countries
Africa Specialty Risks (ASR), the pan-African focused reinsurance group, is planning to establish business…
Egypt’s Mohandes Insurance, Swiss Re renew reinsurance deal for 2021
Egypt’s Mohandes Insurance has renewed a reinsurance contract with Swiss Re Group for another year, chairman and…
Egypt regulator removes three reinsurers from 2020 dealing list
Egypt’s Financial Regulatory Authority (FRA) announced on Sunday it removed three reinsurers from its 2020 list of…
Suez Canal Insurance, Hannover Re renew reinsurance deal for 2020
Egypt’s Suez Canal Insurance has renewed a reinsurance contract with German reinsurer Hannover Re for another year.
Egypt’s Delta negotiating renewal of reinsurance contract with PartnerRe
Egypt’s Delta Insurance is in talks with Bermuda-based reinsurer PartnerRe to renew a reinsurance agreement for one…
Morocco’s Societe Centrale de Reassurance opens Cairo representative office
Morocco-based Societe Centrale de Reassurance (SCR) has opened a representative office in Egypt, it said on…
