Author: Patrick Alushula
AI takes centre stage in Africa’s war on insurance fraud amid faster claims processing
As insurers operating in Africa embed artificial intelligence (AI) in their underwriting processes, faster claims processing and tighter fraud con [...]
L’IA prend le devant de la scène dans la lutte contre la fraude à l’assurance en Afrique, grâce à un traitement plus rapide des sinistres
Alors que les assureurs opérant en Afrique intègrent l'intelligence artificielle (IA) dans leurs processus de souscription, l'accélération du traiteme [...]
Compulsory cession hike pits premium retention goals against market liberalisation
Kenya’s recent decision to raise compulsory cession to 25% from 20% is reigniting a familiar debate across African insurance markets on how far regula [...]
Insurance singled out as key tool in unlocking Africa’s US$4 trillion domestic capital
Across Africa, domestic financial resources have expanded significantly, now exceeding US$4 trillion. But as the Africa Finance Corporation (AFC) note [...]
Africa’s proposed shared safety net could reprice climate and sovereign risks
Africa’s exposure to climate shocks, including droughts, floods and cyclones, is increasingly translating into fiscal crises, emergency spending [...]
Une mesure de protection commune pour l’Afrique qui pourrait entraîner une réévaluation des risques climatiques et souverains
L’exposition de l’Afrique aux chocs climatiques, notamment aux sécheresses, aux inondations et aux cyclones, se traduit de plus en plus par des crises [...]
East Africa’s green lending boom is reshaping risk for insurers and banks
Banks in East African markets including Kenya are accelerating their environmental, social and governance (ESG) strategies, steadily expanding green l [...]
Fresh round of insurer failures puts Kenya’s risk-based capital reform in focus
The recent placement of three insurers under statutory management in Kenya has brought the issue of capital adequacy and risk governance in the countr [...]
Fresh floods test risk models as Kenya’s insurers weigh options
Fresh floods sweeping across parts of Kenya are once again putting the country’s insurance sector under strain, barely two years after insurers paid o [...]
Why business leaders in Africa must watch the S in ESG more closely
Business leaders who treat the ‘S’ in ESG conversations as less important and dwell more on emissions targets and reporting frameworks are taking a ba [...]