Author: Adesina Alewale
Former insurance commissioner to head new Nigerian reinsurer
The former head of the Nigerian insurance regulator, Fola Daniel, is to head a new reinsurance company based in Nigeria.
Current National Insurance [...]
Nigerian government rules against insurance regulator’s moves to recapitalise sector
Nigeria's House of Representatives has ordered the National Insurance Commission (Naicom) to suspend the planned 31 December 2020 mandatory deadline f [...]
Insurers have real opportunity to help small businesses survive pandemic shock
Micro, small and medium-sized enterprises (MSMEs) form the backbone of many economies globally and give rise to economic growth, employment and innova [...]
Insurers continue to battle Covid-19 fallout
Insurers across the continent are finding ways to cope with the Covid-19 pandemic’s shock to the economic system and to the insurance supply chain.
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Report: African insurers seeing value of digitalisation
While about 5% of African insurance premium has been generated digitally, that number could rise as high as 50% if insurers invest in technology, acco [...]
EIB agrees €60m financing to unlock African Trade Insurance Agency membership
Private sector investment of up to €1bn could be leveraged in Benin, Burkina Faso, Chad and Senegal, due to European Investment Bank (EIB) support for [...]
Covid-19 sparks job reset
Covid-19 has caused a jobs crisis but if we are to recover from the pandemic, two more fundamental crises need tackling: climate change and the nature [...]
ARC and Lesotho sign MoU on disaster risk management
The African Risk Capacity (ARC) Group and the government of Lesotho have signed a memorandum of understanding (MoU) to address persistent climate risk [...]
Insurers have golden opportunity to back Nigerian growth
Nigeria could realise its growth potential with greater connections between private and public enterprises, backed by insurance.
According to a new [...]
Nigerian insurance market has significant potential for growth
AM Best has concluded Nigeria's substantial oil and gas reserves, its young and growing population and its position as Africa's largest economy contin [...]