Author: Patrick Alushula
African insurers must take the lead in the sustainability and ESG charge — waiting for regulations is not an option
African insurers and reinsurers must not wait for regulations to start embedding Environmental, Social, and Governance (ESG) as well as sustainabi [...]
Les assureurs africains doivent prendre les devants en matière de durabilité et d’ESG – attendre les réglementations n’est pas une solution envisageable
Les assureurs et réassureurs africains ne doivent pas attendre les réglementations pour commencer à intégrer les pratiques environnementales, sociales [...]
Risk-based capital is going to be a long-term play for underwriters
Insurers and reinsurers have been advised to take a long-term view in propping up their capital to levels that are proportionate to the risks they [...]
Le capital à risque sera un jeu à long terme pour les souscripteurs
Il a été conseillé aux assureurs et aux réassureurs d'adopter une vision à long terme pour renforcer leur capital proportionnellement aux risques qu'i [...]
Flexible premiums could boost insurance uptake and reduce policy dropouts
Repackaging of insurance products to allow for flexibility in premium payments is emerging as a key lever for driving uptake and reducing surrenders a [...]
African insurers must put data and technology in the journey of closing the protection gap, suggests Deloitte
The African insurance industry stands at an inflection point where resilience, adaptability, and innovation will dictate its trajectory, Deloitte [...]
Les assureurs africains doivent mettre données et technologie à contribution pour réduire le déficit de protection, suggère Deloitte
Le secteur africain de l'assurance se trouve à un point d'inflexion où la résilience, l'adaptabilité et l'innovation dicteront sa trajectoire, suggère [...]
Africa’s insurers, reinsurers ready to embrace AI, but fear of unintended consequences abound
The majority of Africa’s insurance and reinsurance leaders would consider replacing some of the underwriting roles with artificial intelligence (AI) t [...]
Unified transit bond system to boost capacity of local and regional insurers to retain more premiums on the continent
The recently launched unified transit bond system will boost the capacity of local and regional insurers to retain more premiums on the continent whil [...]
Better data sets could improve Africa’s risk profile and cut reinsurance costs
Better data sets can change the perception of the world about Africa’s risk levels and reward insurers through reduced reinsurance costs, Kenya Re [...]