Author: Joan Kitanga
Insurance disruptor hits Kenyan market
Cytonn Investments has launched an insurance agency arm, the Cytonn Insurance Agency (CIA), whose key objective is to disrupt the insurance industry.
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Weak risk management impacts Kenyan reinsurer rating
AM Best has affirmed the financial strength rating (FSR) of B (fair) and the long-term issuer credit rating (long-term ICR) of bb+ (fair) of Kenya Rei [...]
Automating for predictable claims and underwriting outcomes
Life insurers and reinsurers are making increased use of automation as they strive to meet clients’ needs for ease of use, product transparency, real- [...]
Travel insurance innovation to cope with Covid-19
A new travel insurance product has emerged to help Africa’s tourism sector recover from Covid-19. The insurance offered by Royal Shield Re covers trav [...]
Thinking outside the box essential to grow Africa’s insurance markets
Thinking of the problem and finding a solution is transforming the way one company finds its insureds across Africa.
Micro Insurance Company has re [...]
Cyber insurance market set to grow as cybercrime costs hit $1trn
The estimated economic cost of cybercrime has exceeded $1trn, highlighting the growing need for cyber insurance, according to a new report.
Bloombe [...]
ASR launches liability capacity as part of continued growth plan
Africa Specialty Risks (ASR), the Pan-African focused reinsurance group, has launched its liability capacity, alongside the appointment of Martin Bore [...]
SSA slowly recovering from pandemic shock, suggests Fitch
The recovery of sub-Saharan African (SSA) sovereigns from the pandemic shock last year is underway, but it is slowed by the weak state of public finan [...]
VIDEO: Pan-African Re/Insurance Journalism Awards 2021
Watch the highlights from this year's Pan-African Re/Insurance Journalism Awards below, and click here to read a full report from the event.
&n [...]
Broker launches climate framework to support transition to a low-carbon economy
Willis Towers Watson (WTW) has launched Climate Transition Pathways (CTP), an accreditation framework that it said will provide insurance companies an [...]