Category: Governance
Funding for Africa remains too short, warns AfDB president
African Development Bank (AfDB) Group President Dr Akinwumi Adesina has emphasised the critical need for significantly increased financing to meet the [...]
Insurers must embrace harmonisation if Africa market is to reach its potential
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African insurers must change their attitude to open borders if the market is to reach its true potenti [...]
80% of African insurance CEOs fear international regulations hinder their growth
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Despite some 80% of African insurance CEOs believing international regulations hinder their progress, [...]
Europeans agree on major corporate sustainability law set to benefit African communities
Lawmakers in the European Parliament voted 374 to 235 to adopt a Corporate Sustainability Due Diligence Directive (CSDDD), a key piece of legislation [...]
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 [...]