Category: Governance
IAIS receives FSB endorsement of its holistic framework
The Financial Stability Board (FSB) has reaffirmed its endorsement of the International Association of Insurance Supervisors’ (IAIS) Holistic Framewor [...]
Systemic risk limited in life sector, finds IAIS
Systemic risk in the life insurance sector appears limited at the global aggregated level, according to a new paper from the International Association [...]
Insurance gap continues to widen, warns IDF
The insurance gap across the world is continuing to widen, warns the Insurance Development Forum (IDF) in a critical new paper.
Increasing Insurabi [...]
Examining South Africa’s G20 standing through the lens of Africa Financial Markets Index
As the countdown to the G20 Leaders’ Summit in Johannesburg enters its final two weeks, US President Donald Trump has again taken aim at the event’s h [...]
Massive increase in companies disclosing sustainability-related information, finds OECD
There has been a massive increase in companies disclosing sustainability-related information, according to the Organisation for Economic Co-operation [...]
AfDB approves US$6 million grant to help with disaster preparedness financing across Africa
The African Development Bank Group (AfDB) has approved a US$6 million grant to support the African Risk Capacity (ARC) in boosting disaster preparedne [...]
Need for better insurance data highlighted by AIO report
The need for better data has been highlighted by a new report from the African Insurance Organisation (AIO).
In its annual report, produced by [...]
CIMA-zone insurers urged to actualise domestication of mining premiums
Drissa Traoré, deputy managing director of SanlamAllianz Burkina Faso, discusses the opportunities that the Burkinabè mining sector offers to the [...]
Kenya’s insurers, reinsurers and intermediaries face higher annual fees
Kenya’s insurers, reinsurers and intermediaries could soon pay more for annual licence renewals as the National Treasury moves to raise regulatory fee [...]
Capacity constraints test Zimbabwe’s funeral insurers in push to adopt IFRS 17
Zimbabwe’s funeral underwriters are taking baby steps in switching to International Financial Reporting Standard 17 (IFRS 17), coming nearly three yea [...]