Author: Liz Booth
Liz Booth has more than 30 years’ experience as a journalist and editor, working on a mix of consumer and business titles but, for the past decade, has concentrated on the insurance and risk sector. Having grown up in west Africa and then lived in South Africa, she has a lifelong commitment to the continent and a passionate interest in its future success.
South Africa faces tough times ahead in worrying signs for insurers
South Africa’s GDP shrank by 1.3% in the final quarter of 2022, compared to forecasts of a 0.4% drop.
Analysts are blaming the record blackouts for [...]
Africans take more cases against oil majors to European courts
In what is a continuing trend, environmental activists have been taking their African complaints to European courts in a bid to force major corporates [...]
Growing social inequality set to fuel protests, warns AGCS
Anger over growing social inequality and the cost of living, foundering faith in governments and institutions and increasingly polarised politics, tog [...]
VIDEO: NAS looks to grow the Nigerian actuarial pool
With the IFRS 17 (the International Financial Reporting Standard) coming into force on 1 January 2022, replacing IFRS4, the pressure has been mounting [...]
Insurers’ concern mounting over Ghana debt crisis
The Chartered Insurance Institute of Ghana (CIIG) has warned that more than 7.5-million policies will be affected by the Domestic Debt Exchange (DDE) [...]
Competition hampering Botswana market development
Stiff competition among existing players and the arrival of new players is challenging the Botswana insurance market, according to market practitioner [...]
High losses peg back Swiss Re results for 2022, but group has ambitious plans for 2023
Swiss Re has reported a net income of US$472m for 2022, with a net income of $757m in the fourth quarter, after high nat cat- and Covid-19-related cla [...]
VIDEO: No premium, no cover must extend across whole insurance chain
Insurers must take responsibility in terms of premium payments to their reinsurers, particularly to the smaller players who do not have the same resil [...]
African insurance markets brace for two or more years of rate rises
The costs of reinsurance have risen dramatically at the start of this year and African insurers, as well as their customers, will have little choice b [...]
VIDEO: African reinsurers ready for challenges ahead in 2023
African reinsurers ready for challenges ahead in 2023 Jephita Gwatipedza, chief operating officer of ZEP-Re, speaks to Liz Booth about the challenging [...]