Author: Joan Kitanga
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Madagascar receives $800,000 insurance payout after drought
The government of Madagascar has received a symbolic US$797,049 cheque following delayed rains during the 2021-2022 agricultural season, [...]

Madagascar reçoit 797.049 $ du Groupe African Risk Capacity et de la Banque africaine de développement pour la réponse à la sécheresse
Des représentants du Groupe African Risk Capacity et de la Banque africaine de développement ont remis un chèque symbolique de 797.049 dollars au Gouv [...]

Nigerian insurers have new MCPD opportunity with Africa Ahead and CII Nigeria
As the African Insurance Organisation’s 48th General Assembly gets underway in Kenya, the Chartered Insurance Institute Nigeria (CIIN) has linked up w [...]

A recession to avoid stagflation? World economy at a crossroads, warns credit insurer Coface
Four months after the start of hostilities in Ukraine, first lessons can be drawn, according to the latest Coface Barometer. The conflict, which is se [...]

MNK Re opens Kenya office
MNK Re Group has appointed Steven Oluoch as chief executive of its new Kenya and east Africa office.
Mr Oluoch is a seasoned and renowned reinsuran [...]

Nairobi Securities Exchange to drive sustainability with new ratings platform
The Nairobi Securities Exchange (NSE) and Risk Insights have agreed to cooperate and use Risk Insights’ AI-powered ESG GPS ratings platform and suite [...]

Neema Insurance Managing Agency launches political violence terrorism reinsurance product for SME businesses in Africa
African specialist underwriting agency, Neema Insurance Managing Agency, has launched a political violence terrorism reinsurance product aimed at Afri [...]

Swiss Re horizon scans for upcoming risks
The latest Swiss Re Sonar report warns that cryptoassets and climate change are among the most prominent risks for the future.
As part of its tenth [...]

ARC Group hands over $3m cheque to Zambian government after extreme drought
Following extreme drought event during the 2021/2022 agriculture season, representatives from the African Risk Capacity Group and the African Developm [...]

Small companies proportionately worst affected by political violence, insurers warned by Imperial College Business School
Firms based in countries experiencing violent political conflicts see their inventory purchases drop as much as 20% on average as a result of economic [...]
