Category: Governance
Finding clarity in AI regulations: a risk management perspective
The artificial intelligence (AI) revolution has kicked off an era of unprecedented technological innovation with the market value of AI projected to r [...]
UNEP disbands NZIA to form FIT
The Net Zero Insurance Alliance (NZIA) has been replaced by a United Nations-led and convened Forum for Insurance Transition to Net Zero (FIT).
The [...]
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 [...]