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Riyadh

Allianz considering selling stake in Saudi subsidiary

Allianz is considering selling its controlling stake in Riyadh-based insurer Allianz Saudi Fransi in an effort to streamline its portfolio and raise cash

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9 Aug 2022

Oliver Cuenca

trust in insurers

Restricted cover reduces public trust in insurers

Restricted cover is the biggest threat to public trust in the insurance profession in the coming months, according to a poll of Chartered Insurance Institute members

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9 Aug 2022

Clara Bullock

piggy bank

Insurtechs raise investments in latest funding rounds

Kenya’s Lami Technologies raised US$3.7 million through Harlem Capital-led second round of funding, while the UK’s Quotech acquires £1 million from Convex Group and other investors

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8 Aug 2022

Oliver Cuenca

flood australia

Floods now Australia’s second costliest weather event

The Insurance Council of Australia (ICA) has released new data that shows more than $2 billon has already been paid to insurance customers impacted by the February-March floods that hit…

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4 Aug 2022

Mandy Langfield

Job interview

44 per cent of insurers exploring flexible working to attract talent

A social media poll of 623 insurance professionals conducted by the UK’s Chartered Insurance Institute (CII) in June 2022, found that 44 per cent of respondents are focused on offering…

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3 Aug 2022

Oliver Cuenca

natural catastrophe

Floods and storms drive global insured catastrophe losses

A series of winter storms in Europe, unprecedented flooding in Australia and South Africa as well as a high number of thunderstorms in the US and Europe, resulted in US$35…

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2 Aug 2022

Mandy Langfield

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