Category: Governance

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Kenyan regulator wants law changes to improve insurance take up

Kenyan regulator wants law changes to improve insurance take up

Kenya’s Insurance Regulatory Authority (IRA) has called for an overhaul of underwriting laws, amid slowing uptake of covers and mounting losses as the [...]
Microinsurance: a tool for insurance penetration in Africa

Microinsurance: a tool for insurance penetration in Africa

The concept of microinsurance to deepen insurance penetration among the rural population in Africa was once a novel idea at industry seminars and fora [...]
Special risks insurer flounders after civil commotion broadside

Special risks insurer flounders after civil commotion broadside

The ZAR20bn (and rising) damages claims following widespread civil unrest in South Africa could tarnish Sasria SOC’s record as one of the country’s be [...]
Can there be free trade in African insurance markets?

Can there be free trade in African insurance markets?

Developing local skills is one of the strong arguments for having local content requirements in African insurance markets, encouraging the local workf [...]
ESG product gold rush brings dangers of mis-selling scandals

ESG product gold rush brings dangers of mis-selling scandals

In recent years the growth in products marketed on the basis of their strong environmental, social and governance (ESG) credentials has exploded. More [...]
AfCFTA represents a tremendous opportunity for African insurers

AfCFTA represents a tremendous opportunity for African insurers

  The African insurance sector is optimistic about the new African Continental Free Trade Area (AfCFTA) but wishes to see regulatory integra [...]
African free-trade agreement will accelerate long-term growth and boost exports

African free-trade agreement will accelerate long-term growth and boost exports

The new African free-trade agreement has created opportunities for businesses but short-term challenges must be overcome, according to a new report by [...]
Africa may take seven years to recover from Covid-19

Africa may take seven years to recover from Covid-19

Africa faces at least six or seven years of recovery in the wake of the Covid-19 pandemic, warned an analyst, who also believes service industries pla [...]
Nigeria President Buhari puts weight behind insurance industry and its role in rebuilding Africa post-Covid

Nigeria President Buhari puts weight behind insurance industry and its role in rebuilding Africa post-Covid

Nigeria’s President Muhammadu Buhari has urged the African insurance industry to play its part in rebuilding the continent’s economy post-Covid. Sp [...]
Marine insurers bouncing back

Marine insurers bouncing back

The International Union of Marine Insurance (IUMI) has reported positive market development from most insurance lines except P&I, and from most ge [...]
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