Category: Governance
AI in financial services: where the real challenges are starting to emerge
You don’t have to look far to see how quickly artificial intelligence (AI) has settled into financial services. In some firms it remains tied to speci [...]
Nigeria sets stage for policyholders’ compensation with new guidelines
Insurance companies in Nigeria will begin contributing 0.25% of their net premium income to a dedicated compensation fund for policyholders in the eve [...]
Emeritus Re positions for growth with CIMA zone expansion
After 40 years in the southern African insurance market, with a presence in Zimbabwe, Botswana, Malawi, Mozambique and Zambia, the reinsurance com [...]
Africa Re enjoys 10.2% increase in GWP in 2025
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African Reinsurance Corporation reported a 10.18% increase in gross written premium in 2025 to US$1.34 billion.
In the y [...]
ATIDI seeks US$500 million from partners after Gulf crisis
Africa’s multilateral insurer of trade risk, African Trade & Investment Development Insurance (ATIDI), is seeking around US$500 million in capital [...]
High Court decision raises stakes for bancassurance contracts in Uganda
ENSureAfrica experts weigh in on the interplay between bancassurance arrangements and the allocation of loss where there are omissions in the insuranc [...]
Nigeria’s regulator assesses capital adequacy of insurers for sustainability before new rules start
With stricter capital rules on the horizon, Nigeria’s insurance regulator is taking early steps to evaluate insurers’ balance sheets and reinforce the [...]
Lloyd’s profits up 10% in 2025
The Lloyd’s market produced strong results in 2025 with profits of £10.6bn (+10.1%), gross written premium of £57.9bn (+4.2%) and a combined ratio of [...]
War-driven pressures signal call for African insurers to strengthen risk strategies
In a world where more than 80% of global merchandise trade is transported by sea, insurance is not merely a financial service; it is the backbone [...]
Co-operation clauses and insurance claims denial: the consequences of concealing material information
Phillip Karugaba, executive, and Phillip Muhumuza, associate in the Uganda office of ENS, explain the implications of a recent judgment in Uganda when [...]