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GCR affirms a rating on PSG financial services

GCR affirms a rating on PSG financial services

19 September 2014 | PSG

Global Credit Ratings (GCR) has today affirmed the national scale ratings assigned to PSG Financial Services of A (ZAR) (single a) and A1 (ZAR) (single a one) in the long term and short term respectively; with the outlook accorded as Stable.

Metropolitan International acquisition of Kenyan insurer Cannon approved

Metropolitan International acquisition of Kenyan insurer Cannon approved

18 September 2014 | Metropolitan

South African listed insurance-based financial services group MMI Holdings Limited (MMI), has announced that the transaction by its Metropolitan International division to acquire a significant majority stake in Kenyan insurer Cannon Assurance Limited (Cannon) has become unconditional. The Kenyan Competition Commission has approved the transaction without any conditions.

Remaining profitable despite challenges

Remaining profitable despite challenges

18 September 2014 | General

There has been some concern within the South African insurance industry that the level of business generated by the industry is not at the level that the industry wants it to be. Of course, insurers want an endless flow of business, but there is a certain target that needs to be achieved in order for them to remain sustainable.

New kid on the block keen to shake up the African actuarial industry

New kid on the block keen to shake up the African actuarial industry

17 September 2014 | General

The merger of two complementary mid-tier South African firms into ARGEN Actuarial Solutions has created a new large actuarial firm with some appealing features.

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SMEs globally more optimistic as they seek to grow in their home markets and diversify their offerings

SMEs globally more optimistic as they seek to grow in their home markets and diversify their offerings

17 September 2014 | Bryte Insurance
Multi-year aggregate insurance policies as a risk retention and risk finance solution explained

Multi-year aggregate insurance policies as a risk retention and risk finance solution explained

16 September 2014 | Centriq Insurance
Differentiation and client services are key to value creation; decline of nat cat rates expected to slow

Differentiation and client services are key to value creation; decline of nat cat rates expected to slow

15 September 2014 | Swiss Re
Allianz report reveals top causes of loss for businesses

Allianz report reveals top causes of loss for businesses

15 September 2014 | Allianz
Aon and Columba collaborate to make a difference

Aon and Columba collaborate to make a difference

15 September 2014 | General
New risks and stronger economic growth will drive liability claims costs, says latest Swiss Re sigma study

New risks and stronger economic growth will drive liability claims costs, says latest Swiss Re sigma study

15 September 2014 | Swiss Re
Hannover Re committed to portfolio consolidation and reliability in times of intense competition

Hannover Re committed to portfolio consolidation and reliability in times of intense competition

15 September 2014 | Hannover Re
Strong growth in earnings and returns continues at Firstrand

Strong growth in earnings and returns continues at Firstrand

12 September 2014 | FirstRand