Author: Adesina Alewale
Ibrahima Cheikh Diong named as first executive director of the fund for responding to loss and damage
The board of the fund for responding to loss and damage (FRLD) has named Ibrahima Cheikh Diong as its first executive director, for a four-year term b [...]
ATIDI provides counter guarantee to InfraCredit for Bond and Debt Finance in Nigeria
The African Trade & Investment Development Insurance (ATIDI), a pan-African multilateral Insurer, announced the issuance of a portfo [...]
ATIDI couvre le portefeuille de garanties de crédit d’Infracredit pour le financement par obligations et par emprunt au Nigéria
L’Assurance pour le Développement du Commerce et de l’Investissement en Afrique (ATIDI), l’un des principaux assureurs multilatéraux panafricains, a a [...]
Africa Re exceeds US$1.1bn in top-line growth, as group enjoys record year
Africa Re hits and exceeds the US$1.1bn milestone in the top line with a historic bottom line driven by strong underwriting performance [...]
Africa Re franchit le cap de 1 milliard de dollars EU pour son chiffre d’affaires, avec un bénéfice net historique sous-tendu par un résultat technique et des revenus de placement solides
Africa Re a enregistré un montant record des primes brutes souscrites et du revenu net au titre de l’exercice 2023, sur la base des chiffres prélimina [...]
AM Best confident of insurance continuity after countries leave ECOWAS
The potential withdrawal of Niger, Mali and Burkina Faso from the Economic Community of West African States is the latest sign of political turmoil in [...]
Banking deal paves way for insurance to back Ivory Coast ESG plans
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the African Development Bank (AfDB) have signed a strategic risk [...]
Bakary Kamara, vice chair of Africa Re, dies at 75
Bakary Kamara, a prominent figure in the African insurance industry, has passed away on 12 January 2024 at the age of 75.
After studying in Maurita [...]
AM Best affirms Continental Re’s financial strength rating at B+
Continental Re’s (CRe) financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) from AM Best has been affirmed. [...]
Credit insurer teams up with west African bank to use insurance to build capacity in the face of climate change
In what was called “a significant move” at COP 28, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a [...]