Author: Adesina Alewale
Agriculture insurtech startup attracts $1.2m seeding
OKO, an insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, has closed a seed investment of $1.2 [...]
Brokerslink names new Africa manager
Broking business Brokerslink has appointed Benjamin Boudeau-Raimbault to the role of regional manager for Africa, replacing Tiago Mora who is ending h [...]
Broker appoints three new African country heads
Willis Towers Watson (WTW) has appointed three new country managers after longstanding managers all left in early 2021.
Carole Epée becomes country [...]
Renewable energy leads demand for CPRI, says broker
Credit and political risk insurance (CPRI) broker BPL Global has published its annual Market Insight report, revealing a snapshot of claims, emerging [...]
Continental Re positioned to deliver value post-Covid while CEO Dr Femi Oyetunji announces retirement
Almost 35 years after it was founded in Lagos, Nigeria, leading private pan-African reinsurer Continental Reinsurance today announced it is “deliverin [...]
Fossil fuel exporters face major challenge, insurers warned
As increasing numbers of insurers turn away from fossil fuel underwriting and investment, they have been warned the sector faces real challenges as it [...]
New Ebola outbreak in Guinea sparks concerns
Insurers with interest in Guinea have been warned of a new Ebola outbreak in the west African state.
So far, health authorities in Guinea have conf [...]
Marine insurers warned Gulf of Guinea major threat
More than 95% of the global piracy incidents in 2020 occurred in the Gulf of Guinea according to new figures.
Marine insurers and those selling kid [...]
AM Best gives thumbs up to three of Africa’s reinsurers
Ratings agency AM Best has endorsed the activities of three of the continent’s reinsurers in the past couple of weeks, providing a much-needed fillip [...]
AM Best affirms Africa Re’s financial strength rating of A (Excellent)
The financial strength rating of the African Reinsurance Corporation (Africa Re) has been re-affirmed at A (excellent) and the long-term issuer credit [...]