In the news today: Chubb is confirmed as the lead insurer for the Ethiopian Airlines crash, Comair grounds its Boeing 737 Max 8 aircraft, and cyber risk is named the top risk facing multinationals in Africa

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Chubb lead insurer for Ethiopian Airlines crash

Chubb has been confirmed as the lead underwriter on the account for the jet that crashed at the weekend, with Willis Towers Watson the insurance broker. The March issue of RISKAfrica magazine delves into aviation insurance, so download our latest issue now!  READ MORE

Comair grounds Boeing 737 Max 8

Comair has yielded to public pressure to ground its Boeing 737 Max 8 aircraft after the Ethiopian Airlines crash. Boeing is facing questions about the safety of the aircraft as investigators try to determine the cause of the plane crash on 10 March. The other African airline using the Max is Air Mauritania. To date, Ethiopia, Indonesia, South Korea, Mongolia, Brazil, Mexico and China have all suspended their Max 8 fleets pending further investigation.  READ MORE

Cyber risk named the top risk facing multinationals in Africa: Chubb

Chubb Insurance South Africa’s new Multinational Risk Research Survey, in collaboration with Commercial Risk Africa, has named cyber risk as the top risk facing multinationals in Africa, followed by political and trade credit risk, and terrorism.  READ MORE

Battery performance now insurable: Munich Re

Munich Re is allowing battery manufacturers to insure against the risk of their products not delivering as promised. This will make it easier for manufacturers to increase the deployment of battery capacities and make renewable energy more dependable.  READ MORE

Cartrack appoints two new executives

The telematics company has appointed Harry Louw as CEO of its South African operations and Jesse Young as its new Group Chief Information Officer.  READ MORE

Registration open for the CRM Prof Board Exam II

Chief risk officers or heads of risk management can now register for the Certified Risk Professional (CRM Prof) Board Exam 2, which is scheduled to take place on Wednesday 16 October 2019.  READ MORE