South Africa – Political & Labour Violence Coverage
South Africa, a country with a multi-faceted history and diverse social challenges, has taken significant legislative steps in recent decades to ensure the safety and protection of its citizens. 2024 is an election year in South Africa, so an increased risk [...]
UAE Regulatory Update: New Unemployment Insurance Scheme
About the Involuntary Loss of Employment Scheme Enacted through Federal Decree Law No. 13 of 2022 on the Involuntary Loss of Employment (ILOE), this distinctive Scheme ensures financial protection for individuals who experience job loss unrelated to disciplinary measures or voluntary [...]
Argentina: New Developments in Reinsurance Tax
As of December 19, 2023, the recently implemented tax on reinsurance remains at a fixed rate of 25% on premiums ceded to overseas reinsurers. However, it is important to note that this percentage exhibits variability among carriers and risks, particularly when [...]
Recent Revisions to Turkey’s Earthquake Tariff
In recent years, Turkey has witnessed several revisions to its compulsory earthquake tariff, reflecting the dynamic nature of the insurance landscape. These changes are a response to factors such as high inflation, currency fluctuations, and the profound impact of the devastating [...]
Charting Success: Insights from TRC’s Member Poll
In a recent member poll, Trust Risk Control received valuable feedback from its partners, shedding light on the successful 25-year journey and areas for further improvement. The responses, provided anonymously, reflect the diverse perspectives of many participants who shared their experiences [...]
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We are pleased to announce that the following partners have joined the TRC network since the end of 2022 and in 2023. We sincerely welcome all new partners and look forwards to a successful joint future and cooperation. ARMS [...]
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We are pleased to share noteworthy news regarding Romero Insurance Brokers. Today, Romero Insurance Brokers Ltd has completed its acquisition by AssuredPartners Inc. This strategic move positions them for a new phase of growth, providing an enhanced platform to better serve [...]
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After acquiring a 51% stake in Kotak Mahindra General Insurance, Zurich Insurance Company will no longer operate as a subsidiary of Kotak Mahindra Bank. The confirmed transaction values Kotak General Insurance at approximately Rs 7,943 crore in a post-money valuation, pending [...]