An increase in foreign exchange volatility in the second quarter of 2016, enhanced further by the surprising result of the UK’s EU referendum vote, has distorted the performance of re/insurance companies during the period. Making more use of hedging for foreign exchange risk could ease such distorting effects from companies’ profit and loss accounts, experts claim.
- On target for growth 05-02-2015
Latest african reinsurance corp. news
The business will operate as Africa Re Underwriting Agency and marks its first office outside Africa.