Category: Governance
AfDB increases stake in ATIDI to 14% in effort to attract more private investment into infrastructure and development
The African Development Bank (AfDB) is to inject US$125 million into African Trade and Investment Development Insurance (ATIDI), a move that will make [...]
AI is outpacing governance systems, warns Willis
Artificial intelligence (AI) is rapidly reshaping how risk is understood, priced and managed, but the rate of adoption is outpacing existing AI govern [...]
LMA mulling over new standard war risk clauses
The marine market could soon see new standard war risk clauses after the Lloyd’s Market Association said it was considering a major rewrite of the cla [...]
KfW invests in ATIDI to support German business across Africa
The German development bank KfW, acting on behalf of and for the account of the Federal Republic of Germany, has become the latest share [...]
AI in financial services: where the real challenges are starting to emerge
You don’t have to look far to see how quickly artificial intelligence (AI) has settled into financial services. In some firms it remains tied to speci [...]
Nigeria sets stage for policyholders’ compensation with new guidelines
Insurance companies in Nigeria will begin contributing 0.25% of their net premium income to a dedicated compensation fund for policyholders in the eve [...]
Emeritus Re positions for growth with CIMA zone expansion
After 40 years in the southern African insurance market, with a presence in Zimbabwe, Botswana, Malawi, Mozambique and Zambia, the reinsurance com [...]
Africa Re enjoys 10.2% increase in GWP in 2025
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African Reinsurance Corporation reported a 10.18% increase in gross written premium in 2025 to US$1.34 billion.
In the y [...]
ATIDI seeks US$500 million from partners after Gulf crisis
Africa’s multilateral insurer of trade risk, African Trade & Investment Development Insurance (ATIDI), is seeking around US$500 million in capital [...]
High Court decision raises stakes for bancassurance contracts in Uganda
ENSureAfrica experts weigh in on the interplay between bancassurance arrangements and the allocation of loss where there are omissions in the insuranc [...]