Category: Governance
GFIA raises concerns about new global insurance tax plan
The Global Federation of Insurance Associations (GFIA) has called for further clarification after a proposal by the UN Tax Committee – a group of expe [...]
Spotlight on rising non-remittances of premiums by employers in Zimbabwe
Many employers in Zimbabwe, especially in the mining sector, are increasingly failing to remit to insurers monthly premiums deducted from workers’ pay [...]
Regulators’ dilemma in balancing consumer protection and ESG agenda
From green-to-impact to social-washing, readers of recent regulatory papers on sustainable finance could be forgiven for wondering where it all ends.
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Africa’s insurance regulators push for faster claims settlement to grow penetration
Regulators of insurance business across African countries are piling pressure on underwriters to improve their claims management processes with hopes [...]
Uganda insurance regulator stresses need for more innovations to deepen penetration
The Uganda insurance sector regulator is challenging players to tweak the packaging of their current products and develop new ones to fit the changing [...]
Regulators stepping up demands for climate risk transparency, says Moody’s
Financial regulators in a growing number of jurisdictions are mandating that companies disclose their exposure to climate-related risks, including car [...]
Banks and insurers cautioned against rushed net-zero plans that may promote green-washing
Insurers and banks are being asked to stick to their net-zero plans and avoid falling into a rushed transition that may encourage green-washing in th [...]
Push for a reasoned approach to sustainable finance disclosures
Policymakers should not rush headlong into new sustainability-focused regulations and standards without first consulting widely with industry, and per [...]
ATIDI provides counter guarantee to InfraCredit for Bond and Debt Finance in Nigeria
The African Trade & Investment Development Insurance (ATIDI), a pan-African multilateral Insurer, announced the issuance of a portfo [...]
Mauritian insurer ready for capital injection in Kenyan unit on discovery of inaccurate accounts
Mauritius-based MUA Limited stands ready to inject money in its subsidiary in Kenya after provisional scrutiny showed the unit may have understated th [...]