Middle East and Africa
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African Risk Capacity to pay out due to drought impacts on farming
Global broking network further expands in presence in Africa
But oil price reduction presents headwinds for premium growth, AM Best warns
Hospitality sector group action seeking payouts from insurers
Insurers fear pirates in the Gulf of Guinea will attempt to board tankers used as offshore storage facilities
The basic distribution models are being challenged in the Middle East, both by regulators and by technology-driven entities seeking to disrupt the distribution chain
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