Author: Ant Darby
Covid-19 delays Nigeria’s rise in minimum capital requirements for insurers
The Covid-19 pandemic has forced the Nigerian insurance regulator to delay plans to raise minimum capital requirements for all insurance entities.
Na [...]
Sanlam buys remaining stake in FBN
Sanlam has acquired the remaining stake in the Nigerian insurance business FBN Insurance from its partner, FBN Holdings Plc, giving Sanlam 100% owners [...]
Flooding adding to Covid-19 misery in east Africa
The EU has mobilised €3m in emergency assistance to countries in east Africa that have been hit by heavy rainfall during recent weeks, triggering deva [...]
Insurers continue to step up to cope with Covid-19
Insurers across the continent are launching solutions and offering refunds to help insureds navigate the Covid-19 pandemic.
Among them, Kenyan insu [...]
World Bank funds fight against locust swarms in east Africa
Supporting local agriculture, the World Bank has approved a $500m programme to help countries in Africa and the Middle East fight locust swarms that a [...]
Careful exiting of the lockdown across Africa key to sustainability
The UN’s Economic Commission for Africa (ECA) has released a series of proposals to help African governments and businesses to exit Covid-19-related l [...]
How to be a strong leader through a crisis
American author James Lane Allen famously said, “Crisis does not build character, it reveals it.” It also, as has been shown by some of the world’s le [...]
S&P affirms ATI rating despite Covid-19
S&P Global Rating has reaffirmed African Trade Insurance Agency’s (ATI) creditor rating of ‘A’ with a Stable Outlook (A/Stable) and noting ATI’s ‘poli [...]
Ivory Coast issues Covid-19 bond
On April 27, the Ivorian government issued the first Covid-19 social bonds on the WAEMU securities market, seeking a total of CFA180 billion (about $2 [...]
Safer, more sustainable transport in a post-Covid-19 world?
Insurers need to prepare for some major shifts in societal behaviour post Covid-19, which may become permanent. Part of that is keeping an eye on the [...]