Tag Archives: Amid

External Capital Support Has Sustained China’s Non-Life Expansion

LONDON, UK
Direct premium in China’s non-life sector annually grew by 23% on average during 2009-2012, according to a new report from A.M. Best Co. Amid rapid premium growth, non-life insurers faced solvency pressure relative to capital and surplus levels, as evidenced by the peak amount of new capital and subordinated debt issued by non-life insurers in 2011 and 2012. This report analyzes the factors that impact the solvency level of major non-life insurers as grouped by average capital adequacy levels over the past three years, and assesses whether each sector can sustain these levels under current growth rates and operating profitability.

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ICG’s Conjectures on Eritrea: Realistic and Probable or Wishful and Imaginary?

Eritrean Center for Strategic Studies, ECSS

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IMF Concludes Article IV Consultation Mission to Ghana

ACCRA, Ghana, April 15, 2013/African Press Organization (APO)/ A mission from the International Monetary Fund (IMF), led by Christina Daseking, visited Accra during April 2-12, 2013, to conduct discussions for the 2013 Article IV consultations. The mission met with President Mahama, Vice-President Amissah-Arthur, Finance Minister Terkper, Bank of Ghana Governor Wampah, other senior officials, members of parliament, and representatives of the private sector, think tanks, trade unions, and civil society.

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South Africa should use its BRICS membership to address Africa’s poor infrastructure

South Africa should leverage its position in BRICS to increase investments in the development and upgrade of Africa’s inadequate infrastructure, says David Humphrey, Global Head of Power and Infrastructure at Standard Bank Group.

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First Monday: A.M. Best’s Leading Analysts Explore Property/Casualty, Life/Annuity & Health Segments of US Insurance Industry

Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source.

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A.M. Best’s Leading Analysts Discuss Africa’s Insurance Industry, the U.S. Economic Forecast and Persistent Asbestos Insurance Losses

Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source.

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GAMBIA RISKED FACING EU’s AID CUT

Amat Jeng

 

The Gambia is feared loosing millions of Euros in financial aid from its main donor – the European Union (EU), amid its President Jammeh’s outright rejection of the governance reforms that the EU has seen as an iron fist.

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Radio station ransacked, equipment seized in DRC

NEW YORK, December 5, 2012/African Press Organization (APO)/ All sides of the conflict in eastern Democratic Republic of the Congo should halt attacks on journalists and media outlets, the Committee to Protect Journalists said today after a radio station was attacked and taken off the air.

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Four Seasons Arrives in Tanzania: Four Seasons Safari Lodge Serengeti Now Open

SERENGETI, Tanzania, Dec. 3, 2012 — Following a rebrand and an extensive upgrade, Four Seasons Safari Lodge Serengeti, Tanzania officially opened its doors today.

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Commercial Real Estate Outlook Dims Amid Persistent Economic, Political Concerns, Roundtable Survey Shows

 

Outside Core Markets and Multifamily, Pricing and Capital Access Remain Flat

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How has Germany Benefited From the Euro Crisis?

 

LONDON, August 3, 2012 /PRNewswire/ —

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TENSIONS AT CHINA-AFRICA SUMMIT

 

The Chinese leadership held its latest summit with African countries last week, attended by six heads of state and ministers from 50 countries. In a bid to boost its influence across the continent, China agreed to provide $US20 billion in credit, doubling the amount it offered at the previous Forum on China-Africa Cooperation three years ago.

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IFC Invests in Takoradi 2 Expansion to Increase Power Generation in Ghana

 

ACCRA, Ghana, July 24, 2012/African Press Organization (APO)/ — IFC, a member of the World Bank Group, is providing an $80 million loan to Takoradi International Company (TICO), to help expand its gas-fired Takoradi 2 power plant (“T2″) in Ghana, increasing the generation of electricity in the country to spur economic growth.

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Qatar Airways Named Best Airline in the World for Second Consecutive Year

Carrier Retains Best Airline In Middle East Accolade For Seventh Year Running At Annual Skytrax World Airline Awards

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Four Seasons Sets Up Camp in Tanzania’s Serengeti National Park; Lodge is First of Three Launching Brand’s Sub-Saharan Expansion

 

Existing property to be renamed Four Seasons Safari Lodge Serengeti, Tanzania; additional new properties planned in Ngorongoro Conservation Area and on the island of Zanzibar

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Chinese Pharma Growth Expected to Slow Amid Reform Turbulences and Intensified Cost Containment

 

Beijing, China, July 06, 2012 –(PR.com)– Although there are growing concerns about China’s economy and uncertainties about the country’s healthcare reforms, the Chinese pharmaceutical industry maintained healthy growth in 2011 and the first half of 2012 as well as a generally positive outlook, according to China Pharmaceutical Guide 2012 (7th Edition), which is officially released today by WiCON International Group LLC, the publisher of Pharma China.

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Fixed Mortgage Rates Continue Finding New Record Lows

 

MCLEAN, Va., July, 2012 /PRNewswire/ — Freddie Mac (OTC: FMCC) today (July 5) released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates continuing to find new all-time record lows amid recent data showing less consumer spending and a contraction in the manufacturing industry. The average 30-year fixed-rate mortgage has matched or hit a new record low in 10 of the last 11 weeks. The 1-year ARM also averaged a new record low this week.

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