Author: Joan Kitanga

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African reinsurers facing significant challenges, warns AM Best

African reinsurers facing significant challenges, warns AM Best

Volatile oil prices, double-digit inflation, as well as the impact of the Covid-19 pandemic on various local economies, have put pressure on the resul [...]
Parametric development insurance shows real impact on African continent amidst calls for increased climate finance in run up to COP27

Parametric development insurance shows real impact on African continent amidst calls for increased climate finance in run up to COP27

Climate finance is a hot topic in the run up to COP27. While Africa waits for developed nations to fulfil their aid pledges, climate financing is maki [...]
Africa has a golden opportunity to emerge stronger after geopolitical uncertainty of 2022, suggests Control Risks, but political risks remain

Africa has a golden opportunity to emerge stronger after geopolitical uncertainty of 2022, suggests Control Risks, but political risks remain

The impacts of a global economic crisis triggered by the pandemic, climate change and conflict in Ukraine have without doubt exacerbated global uncert [...]
Eswatini broker set for growth

Eswatini broker set for growth

Setting up a new operation in Mozambique has proved a success for relatively new insurance brokerage Gateway Reinsurance. According to insurance ve [...]
Political risk insurers breathe sigh of relief as Kenya’s election comes to a close with Supreme Court ruling

Political risk insurers breathe sigh of relief as Kenya’s election comes to a close with Supreme Court ruling

William Ruto won the Kenya presidential election fairly, according to a Supreme Court ruling, which should mean an end to this year’s election – an ev [...]
Battery fires increasing the risk of marine casualties, warns AGCS

Battery fires increasing the risk of marine casualties, warns AGCS

Lithium-ion (Li-ion) batteries are increasingly impacting shipping safety as demonstrated by a number of fires on vessels such as roll-on roll-off car [...]
Tragic cases lead to new form of insurance to protect low-paid workers

Tragic cases lead to new form of insurance to protect low-paid workers

The death of a blue-collar Kenyan worker and the delay in offering timely medical evacuation to a Bangladeshi worker in Seychelles has led to a new fo [...]
Grand Re and SCG-Ré sign technical agreement to grow their markets

Grand Re and SCG-Ré sign technical agreement to grow their markets

Botswana’s Grand Reinsurance and Gabon’s Société Commerciale Gabonaise de Réassurance (SCG-Ré) have signed a technical and commercial agreement to gro [...]
Parametric insurance can transform how Africa copes with climate change, says ARC

Parametric insurance can transform how Africa copes with climate change, says ARC

Parametric insurance has the potential to transform how the continent deals with climate-change induced events, such as droughts and cyclones. In a [...]
Africa has its first corporate clean mobility bond, launched in Morocco

Africa has its first corporate clean mobility bond, launched in Morocco

Africa’s first corporate clean mobility bond has been launched by Morocco’s national railway operator (ONCF). FSD Africa provided technical assistance [...]
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