Category: Governance

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The Nairobi Declaration: African solutions to Africa’s insurance sustainability challenge

The Nairobi Declaration: African solutions to Africa’s insurance sustainability challenge

Leading insurance and reinsurance brands in attendance at the 2023 African Insurance Organisation (AIO) Conference were challenged to assist the conti [...]
Being part of a global community brings challenge but also opportunity

Being part of a global community brings challenge but also opportunity

  Balancing local needs with global demands is one of the challenges facing the African insurance market this year as it meets the challen [...]
Mozambique purchases cyclone insurance through Pula and ASR

Mozambique purchases cyclone insurance through Pula and ASR

  In a first for Africa’s second most disaster-prone country, the Mozambique government, through the National Institute of Disaster Manage [...]
Future of Net Zero Insurance Alliance uncertain as three more global giants quit

Future of Net Zero Insurance Alliance uncertain as three more global giants quit

Questions are being asked about the survival of the Net Zero Insurance Alliance after three more departures, including the group’s chair, as insurance [...]
Government overturns suspension of Kenya’s insurance industry regulator boss

Government overturns suspension of Kenya’s insurance industry regulator boss

Kenya’s government has reinstated the Insurance Regulatory Authority (IRA) commissioner general Godfrey Kiptum back to the helm of the regulatory body [...]
Zimbabwe’s insurance sector moving towards complete dollarisation

Zimbabwe’s insurance sector moving towards complete dollarisation

The insurance sector in Zimbabwe is moving towards complete dollarisation, as per data from the Insurance and Pension Commission (IPEC). Industry part [...]
Are financial sector regulators overstepping by entering the climate, sustainability debates?

Are financial sector regulators overstepping by entering the climate, sustainability debates?

The days of financial sector regulators focusing exclusively on the matters they are tasked with regulating appear to be over, as they expand their ju [...]
Nigerian Insurance Bill hangs in balance as President leaves office May 29

Nigerian Insurance Bill hangs in balance as President leaves office May 29

As Nigerian President, Muhammadu Buhari, prepares to leave office on May 29, 2023 after eight years in office, operators in the insurance industry are [...]
Warnings to insurance world on greenwashing are growing

Warnings to insurance world on greenwashing are growing

The European Parliament has backed draft legislation to improve product labelling and durability and to put a stop to misleading claims and so-called [...]
Moroccan Takaful business grows to 11.8m dirhams in first year

Moroccan Takaful business grows to 11.8m dirhams in first year

  Takaful insurance in Morocco has generated a premium volume of 11.8m dirhams in 2022 – the first year of operations. This figure is o [...]
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