Category: Governance
Africa’s next climate-risk challenge is putting a number on it
The struggle by many Kenyan companies to put a financial and operational number on climate risk is emerging as a new test for insurers and risk manage [...]
Fragmentation of the global financial system set to challenge insurers, warns Geneva Association
The growing fragmentation of the global financial system is reshaping the environment in which insurers and reinsurers operate, according to a new Gen [...]
Nigeria insurers face test of putting fresh capital to work after raising US$813m
Nigeria’s insurers have emerged from a major recapitalisation exercise with ₦1.079 trillion (US$813 million) in fresh capital. The next test is whethe [...]
Santam Ltd enjoys 6% growth in net earned premium in half year results
Santam Limited, South Africa’s largest general (property and casualty) insurer and the parent company of Santam Syndicate 1918, has recorded a solid p [...]
Nigeria’s recapitalisation of insurers raises stakes for regulatory consistency
When the Nigeria Insurance Industry Reform Act (NIIRA 2025) was signed into law on 31 July 2025, it signalled a bold new chapter in the insurance sect [...]
Life covers gain momentum as Kenyans prioritise long-term security
A growing focus on long-term financial security is reshaping Kenya’s insurance market, with life cover increasingly driving premium growth.
The cou [...]
Africa Re grows insurance revenue by 8.5% and delivers a net profit of US$96.7 million in the first half of 2026
The African Reinsurance Corporation has delivered a robust operating performance in the first half of 2026, with insurance service reven [...]
Uganda insurers warned AI alone will not secure industry’s future competitiveness
Uganda’s insurance executives have been challenged to move human resource (HR) leaders beyond administrative roles and give them a strategic seat at t [...]
Continental Re formally lists on Botswana Stock Exchange
Continental Reinsurance Holdings Limited has opened its public offer on the Botswana Stock Exchange (BSE), marking the beginning of Botswana's first p [...]
CIMA raises capital bar for micro insurers, tightens dividend rules across industry
The CIMA Code has received several revisions on its provisions, setting the stage for higher capital requirement for micro insurers and tighter di [...]