Vitol seeks $470 million risk cover for Sankofa Gas Field

Netherlands-based Vitol Holding B.V. is seeking an insurance cover of around $470 million from the Multilateral Investment Guarantee Agency for the Sankofa Gas Field in Ghana, Ghana Business News reported. Read more »

Trust Re’s gross written premiums up 14%

Bahrain-based Trust International Insurance & Reinsurance Co. B.S.C.'s gross written premium increased 14% year on year to $452.6 million in 2014, reports Asia Insurance Review. Read more »

Brazil’s cyber insurance market still not developed: Willis executive

Peter Armstrong, head of cyber risks at U.K.-based Willis Group Holdings P.L.C., has said that Brazil has a long way to go in strengthening the cyber insurance market, Segs.com.br reports. Read more »

Heavy rains and floods hit Chile, Peru and Ecuador

Heavy downpour and floods have claimed several lives and caused huge crop damage in Peru, Chile and Ecuador, FreshPlaza reports. Read more »

Angolan insurers prepared to cover risks from import of goods: Official

Manuel Goncalves, chief executive of Angola's ENSA – Seguros de Angola S.A., has said that insurers in the country are prepared to cover risks arising from importing goods, reported Angola Press. Read more »

Quake causes $19 million in economic losses

The civil affairs department of China's Guizhou province has said that 23,000 people in the province's Jianhe County have been affected by a magnitude 5.5 earthquake that recently hit the province, Xinhua... Read more »