By Justin Floor, fund manager at PSG Asset Management
It has been a long winter for many SA investors and we don’t know when it will turn around. In fact, there is still very little we know for sure about the current crisis, other than that it is entirely unprecedented and is being ... Read More »
Certain insurance classes will take a hit while others will have time to recover, consumer behaviour will radically change the rules of engagement for insurers and brokers, and accelerate digital transformation
Nothing will be the same in the world post-Covid 19. As our economy slowly ... Read More »
While the focus so far has been mainly on China, Europe and the United States, the consequences of the COVID-19 pandemic are likely to be even more severe for emerging economies, says International credit insurer, Coface. Even though their degree of vulnerability to this shock depends on many factors, ... Read More »
Increasing disruption and economic pressures caused by the pandemic also has serious risk management implications for the maritime community and insurers alike. Covid-19 pandemic makes it difficult to relieve crews, resulting in growing seafarer fatigue, which is a main cause of human error on board ... Read More »
France-based international credit insurer Coface has reported solid Q1 results with positive net income of €12. 7m on a 0. 9% increase in turnover to €370m.
Xavier Durand, Coface CEO, said the positive net income reflects only the initial effects of the crisis, and will affect revenues ... Read More »