Category: Governance

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Rising scrutiny on ESG puts pressure on directors

Rising scrutiny on ESG puts pressure on directors

Board members and company executives can be held liable for an increasing range of scenarios. Today’s market volatility, with the increased threat of [...]
Zep Re set for Rwanda expansion as global reinsurance market hardening bites across Africa

Zep Re set for Rwanda expansion as global reinsurance market hardening bites across Africa

Zep Re is set to expand its operations further in Rwanda with a new office in the capital Kigali, after 18 months of preparation and government approv [...]
Kenya’s underwriters count on premium hike to halt losses in motor insurance

Kenya’s underwriters count on premium hike to halt losses in motor insurance

Kenya’s underwriters are counting on increased premiums to halt the streak of losses in motor insurance but will first have to surmount legal hurdles. [...]
Resilience and ESG critical as companies emerge from pandemic

Resilience and ESG critical as companies emerge from pandemic

Climate risks dominate global concerns as the world enters the third year of the pandemic. According to the World Economic Forum’s (WEF) Global Risks [...]
Equity Group venturing into the insurance business

Equity Group venturing into the insurance business

A licence has been issued to Equity Life Assurance (Kenya) (ELAK) to provide life insurance solutions to an underserved market and contribute towards [...]
ESG guidelines reinforce Kenya insurers’ sustainability focus

ESG guidelines reinforce Kenya insurers’ sustainability focus

Kenya’s securities exchange has given listed firms a year to start environmental, social and governance (ESG) reporting, with insurers having the uppe [...]
Inspecting risks set to improve returns, as system goes digital

Inspecting risks set to improve returns, as system goes digital

One day, people will not believe we used to insure risks without inspecting them first. That is the view of Virtual i Technologies. The company has [...]
Organisations globally signing up to UN’s Principles for Sustainable Insurance

Organisations globally signing up to UN’s Principles for Sustainable Insurance

From just a small group in 2012, 200 organisations have now joined the UN Environment Programme’s Principles for Sustainable Insurance (PSI). As 20 [...]
Senegal joins ATI with €15m of support from Europe

Senegal joins ATI with €15m of support from Europe

  Senegal has joined the African Trade Insurance Agency (ATI) as its 20th member state, on its 20th anniversary, with a subscribed capital [...]
Reinsurance sector remains resilient but faces major challenges

Reinsurance sector remains resilient but faces major challenges

The reinsurance sector remains financially and operationally resilient but continues to face macroeconomic risks, according to the International Assoc [...]
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