Author: Joan Kitanga
Personal P&C up 3% annually since pre-Covid levels, says McKinsey, but developing markets still face challenges
Despite a slowdown during the height of the pandemic, personal property and casualty (P&C) insurance has seen annual growth of 3% since 2019, acco [...]
Winners of the 8th Pan-African (Re)Insurance Journalism Awards named
Continental Reinsurance Plc has announced the winners of the 8th Pan-African (Re)Insurance Journalism Awards.
The awards recognise and celebrate th [...]
African Risk Capacity Group and Djibouti government sign first multi-year, multi-peril agreement in Africa to protect most climate-vulnerable communities
The government of Djibouti has signed the first-ever multi-year, multi-peril agreement on the African continent with the African Risk Capacity Group ( [...]
Madagascar has contingencies to aid its swift recovery from devastating impacts of tropical cyclones
The unusually protracted journey tropical cyclone Freddy led across the Indian Ocean this past month was a stark reminder of the vulnerability African [...]
Marsh warns one in three globally set to be impacted by flooding
One out of three people globally will be threatened by flooding in a 1.5°C warming scenario, according to a new report from brokers Marsh McLennan.
[...]
Kenyan boda boda riders to have new insurance option
Digital insurance provider Lami Technologies is partnering with Unchorlight Kenya (UNK) to provide boda boda riders in the country with access to suit [...]
Burkino Faso, Mali and the Gambia set to receive US$15.4m in aid through ARC insurance
The United Nation’s World Food Programme (WFP) is preparing to support 490,000 people in Burkina Faso, The Gambia and Mali who were impacted by drough [...]
Tropical cyclones: stormy times ahead, warns Africa Risk Capacity
After Cyclone Idai hit in 2019, the Swiss Re Institute reported that the overall economic loss for Mozambique, Malawi and Zimbabwe was around $2bn, of [...]
ESG key to South African business growth
South African CEOs believe they can ride out any recession in the next 12 months, according to KPMG, but ESG will be key to growth.
It has found th [...]
More African countries leaning East, says new WTW survey
Shifting geopolitical alignments are dividing the globe into opposing blocs, according to a new report, with at least two more African countries switc [...]