Category: Governance
Rising scrutiny on ESG puts pressure on directors
Board members and company executives can be held liable for an increasing range of scenarios. Today’s market volatility, with the increased threat of [...]
Zep Re set for Rwanda expansion as global reinsurance market hardening bites across Africa
Zep Re is set to expand its operations further in Rwanda with a new office in the capital Kigali, after 18 months of preparation and government approv [...]
Kenya’s underwriters count on premium hike to halt losses in motor insurance
Kenya’s underwriters are counting on increased premiums to halt the streak of losses in motor insurance but will first have to surmount legal hurdles. [...]
Resilience and ESG critical as companies emerge from pandemic
Climate risks dominate global concerns as the world enters the third year of the pandemic. According to the World Economic Forum’s (WEF) Global Risks [...]
Equity Group venturing into the insurance business
A licence has been issued to Equity Life Assurance (Kenya) (ELAK) to provide life insurance solutions to an underserved market and contribute towards [...]
ESG guidelines reinforce Kenya insurers’ sustainability focus
Kenya’s securities exchange has given listed firms a year to start environmental, social and governance (ESG) reporting, with insurers having the uppe [...]
Inspecting risks set to improve returns, as system goes digital
One day, people will not believe we used to insure risks without inspecting them first. That is the view of Virtual i Technologies.
The company has [...]
Organisations globally signing up to UN’s Principles for Sustainable Insurance
From just a small group in 2012, 200 organisations have now joined the UN Environment Programme’s Principles for Sustainable Insurance (PSI).
As 20 [...]
Senegal joins ATI with €15m of support from Europe
Senegal has joined the African Trade Insurance Agency (ATI) as its 20th member state, on its 20th anniversary, with a subscribed capital [...]
Reinsurance sector remains resilient but faces major challenges
The reinsurance sector remains financially and operationally resilient but continues to face macroeconomic risks, according to the International Assoc [...]