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Justin Jacobs appointed as Chief Underwriting Officer of Coface South Africa

Published

2020

Wed

04

Nov

As part of the Coface global strategy to reinforce the Risk functions due to the unprecedented times we find ourselves in, we are pleased to announce that Justin Jacobs has been appointed as Chief Underwriting Officer for Coface South Africa, effective December 1st, 2020.

 

Justin brings strong experience to the team and has had a long standing career in the Trade Credit Insurance industry for the last 25 years. Justin will be responsible for the full Underwriting function, heading both the Commercial and Risk Underwriting teams.

 

Reshika Vallabh will continue to manage the Risk Underwriting Team and we would like to thank her for her outstanding efforts in managing both teams during extremely challenging economic conditions and doing so with much success.

 

The commitment of the local management team with its seasoned experience in credit insurance remains unwavering, and the executive team remains at your disposal for any queries.

 

 
Source: Coface
 
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Convexity:

Measures the rate of change in bond duration with respect to changes in interest rates. Positive convexity occurs when durations shorten as interest rates rise or lengthen as interest rates decrease. Negative convexity occurs when durations lengthen as interest rates rise or shorten as interest rates decrease.
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