Category: Governance
Africa forging ahead in tackling financial crime
African countries have made great strides in strengthening commitments and capacity to achieve tax transparency and exchange information on illicit fu [...]
Insurers lose Rwandan case on claims levels
For insurers, sustainability is also about paying the right level of claims, having received the right level of premiums, but a court decision last we [...]
Brokerslink adds Karé Kamoun to expand network into Tunisia
Brokerslink has added to its footprint in Africa, with Tunisian brokerage Karé Kamoun becoming the latest affiliate to join the global broking busines [...]
Shipping insurance giant Gard launches first sustainability report
Marine insurer Gard has launched its first sustainability report as part of its commitment to the UN Global Compact, outlining its ambitions for susta [...]
Fitch moves sub-Saharan Africa countries to negative watch as Covid-19 hits
The coronavirus pandemic and the oil price shock it triggered have had a severe impact on sovereigns in sub-Saharan Africa (SSA), which led to ratings [...]
Solution to aid premium payments for Kenyans
As Covid-19 unfolds, increasing numbers of insurers are worrying about cash flow as premium income dries up. Some are reporting that clients are simpl [...]
ARC has new group director general
The Conference of Parties (CoP) of the African Risk Capacity (ARC) has elected Ibrahima Cheikh Diong, of the Republic of Senegal, as the new ARC group [...]
UN PSI stresses benefits for insurers adopting ESG principles with new guide
The UN Principles of Sustainable Development (UN PSI) team has launched an updated guide on how insurers can improve their ESG agenda.
The UN PSI s [...]
Covid-19 delays Nigeria’s rise in minimum capital requirements for insurers
The Covid-19 pandemic has forced the Nigerian insurance regulator to delay plans to raise minimum capital requirements for all insurance entities.
Na [...]
Creating an equal awareness of ESG across insurance entities
With the UN Principles of Sustainable Insurance (UN PSI) aiming to create awareness of the ESG agenda across the insurance sector, there needs to be a [...]