Category: Governance
AM Best affirms credit ratings of Continental Reinsurance
AM Best has affirmed its financial strength rating of B+ (Good) and the long-term issuer credit rating of "bbb-", both with a stable outlook for Conti [...]
IAIS adopts global insurance standard
The International Association of Insurance Supervisors (IAIS) has adopted a global insurance capital standard (ICS). Additionally, members endorsed su [...]
Experts highlight digital transformation as key to unlocking Uganda’s insurance future
The insurance sector in Uganda is on the cusp of transformation, with industry leaders emphasising the critical role of digital technologies in shapin [...]
Resilience and stability of insurance market highlighted by IAIS
The resilience and stability of the insurance market has been highlighted in the International Association of Insurance Supervisors (IAIS) annual Glob [...]
Africa Re gets outlook revised to positive by S&P
S&P Global Ratings has revised the outlook of the financial rating of the African Reinsurance Corporation (Africa Re) from “Stable” to “Positive” [...]
ZEP-RE eyes to deepen and replicate livestock cover in the Horn of Africa and beyond
ZEP-RE aims to expand its World Bank-backed drought insurance to additional countries within the Horn of Africa, building on the product’s strong [...]
Sanlam partners with Ninety One in bold ZAR400-billion asset management deal
Sanlam, one of South Africa’s largest diversified financial services groups, has announced a landmark partnership with Ninety One, appointing the firm [...]
New guide on exposure management launched
Oasis Loss Modelling Framework (Oasis LMF) has launched Navigating the Storm: the C-Suite Guide to Mastering Exposure Management.
The report aims t [...]
Addressing the global insurance protection gap amid rising climate risks
The rising frequency and severity of climate change-related extreme weather events has featured in countless debates on the resilience and sustain [...]
African Alliance woes raise issues of corporate governance, regulation
On October 30, 2024, the insurance regulator in Nigeria, National Insurance Commission (NAICOM), sacked the entire board and management of African All [...]