Company News & Results

Floods and storms drive global insured catastrophe losses of USD 38 billion in first half of 2022, Swiss Re Institute estimates

PA moves on Constantia Insurance

The Prudential Authority (PA) has succeeded in its High Court application to have Constantia Insurance Company Limited (CICL) placed under provisional curatorship. In a media released issued 1 August 2022, the authority confirmed that it had gone to court late last week to intervene in the non-life insurance business of Constantia Risk and Insurance Holdings. Constantia also has two life insurance subsidiaries which are not affected by the authority’s application.

CICL Provisional Curator

Conduit to work with the Prudential Authority to expedite the recapitalisation of Constantia Insurance Co Limited (CICL)

Genasys announces Ian Pettifor as Group CFO

Leading insurance software solutions provider Genasys, has further enhanced its senior leadership team with the appointment of Ian Pettifor as the company’s new Group Chief Financial Officer.