Category: Governance
IFRS17 adoption continuing to stress African insurance markets, as new standards emerge on sustainability for capital markets worldwide
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IRFS17, the accounting standard for insurers that has been implemented worldwide this year is still pr [...]
Life assurance industry in Zimbabwe experiences inflation-adjusted growth
Life insurance is a way you can protect your family and loved ones, even after you pass away. Rather than leaving your family with existing debt, fune [...]
Uganda’s insurance industry players discuss strategies to grow insurance
Uganda’s insurance sector players have agreed to restrategise to grow their penetration in the industry using innovation and creativity.
Speaking a [...]
African countries increasing transparency on tax matters, says Global Forum
Increasing numbers of African countries have joined the Global Forum on Transparency and Exchange of Information for Tax Purposes , while 23 African s [...]
Net Zero Insurance Alliance withdraws targets to stem tide of withdrawals from the Alliance
The Net-Zero Insurance Alliance (NZIA) has removed obligations to set targets or report on progress among its members in the wake of a series of major [...]
LISTENING TO: Why sustainability is key for future of the industry, explains Nigerian regulator
Olorundare Thomas, insurance commissioner for Nigeria, discusses the growing importance of sustainability not just for the insurance entity but also f [...]
Uganda’s insurance sector gross written premium up 20% in 2022
Uganda’s insurance industry remained on a positive growth trajectory in the year 2022, with gross written premium (GWP) growing from sh1.183-trillion [...]
Regulation and partnerships are necessary to make insurance of ESG work, UNEP FI roundtable hears
Regulation is critical for the insurance sector to ensure that any sustainable projects are properly protected and that investors will get their neces [...]
Global ESG regulations increase 155% in the past decade, claims ESG Book
Global ESG regulations have increased by 155% in the past decade, as the rapid growth of sustainability-based policy interventions continues to shape [...]
Afreximbank launches its insurance management services subsidiary
The African Export-Import Bank (Afreximbank) has launched a wholly-owned insurance management services subsidiary, AFREXInsure.
The bank said it is [...]