Category: Governance
Lloyd’s profits up 10% in 2025
The Lloyd’s market produced strong results in 2025 with profits of £10.6bn (+10.1%), gross written premium of £57.9bn (+4.2%) and a combined ratio of [...]
War-driven pressures signal call for African insurers to strengthen risk strategies
In a world where more than 80% of global merchandise trade is transported by sea, insurance is not merely a financial service; it is the backbone [...]
Co-operation clauses and insurance claims denial: the consequences of concealing material information
Phillip Karugaba, executive, and Phillip Muhumuza, associate in the Uganda office of ENS, explain the implications of a recent judgment in Uganda when [...]
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 [...]
Gulf region risk update: blocking & trapping and war risk cover overview
The security situation in the Gulf region has deteriorated rapidly since 28 February 2026, when the US began a series of strikes against Iran, which r [...]
Africa’s trade ambitions hang on insurance market integration
Africa’s ambition to build the world’s largest free-trade area is colliding with a stubborn reality that regulation is still fragmented, slowing t [...]
FANAF new president sets five priorities to grow African insurance sector
The newly elected president of the Federation of African National Insurance Companies (FANAF), Mamadou Koné, wants to steer the seven-member execu [...]
Why Afreximbank’s break with Fitch exposes a deeper rift
In a recent public statement, the African Export-Import Bank (Afreximbank) announced it would terminate its credit rating relationship w [...]
Institutional collaboration needed to drive Africa’s development finance, AAMFI hears
Institutional collaboration is needed to drive Africa’s development finance, according to the CEO of Africa Re.
Speaking at the Alliance of African [...]
Africa’s insurance leaders chart next era of growth at FANAF’s golden jubilee
Key players in the African insurance sector recently gathered in Abidjan, Ivory Coast, to celebrate the 50th anniversary of the Federation of Afri [...]