Category: Governance
Inspecting risks set to improve returns, as system goes digital
One day, people will not believe we used to insure risks without inspecting them first. That is the view of Virtual i Technologies.
The company has [...]
Organisations globally signing up to UN’s Principles for Sustainable Insurance
From just a small group in 2012, 200 organisations have now joined the UN Environment Programme’s Principles for Sustainable Insurance (PSI).
As 20 [...]
Senegal joins ATI with €15m of support from Europe
Senegal has joined the African Trade Insurance Agency (ATI) as its 20th member state, on its 20th anniversary, with a subscribed capital [...]
Reinsurance sector remains resilient but faces major challenges
The reinsurance sector remains financially and operationally resilient but continues to face macroeconomic risks, according to the International Assoc [...]
Reinsurers need to work together to make market growth a reality
Africa’s reinsurers are competing for too small a pie and should instead work together to grow the overall market, according to Corneille Karekezi, gr [...]
Pandemic year one: SA insurers confirm 23.3% spike in fully underwritten life policy claims
South Africa-based life insurers have confirmed paying more than ZAR20.6bn against fully underwritten individual life policies in 2020, offering the l [...]
Global insurance industry to hit new records in 2022
The global insurance industry is set to reach a new record in global premiums by mid-2022, exceeding $7trn, according to Swiss Re.
Swiss Re Institu [...]
Insurance has key role to play in financing Africa’s power
In November 2017, the African Trade Insurance Agency (ATI) and the KfW Development Bank jointly launched the Regional Liquidity Support Facility (RLSF [...]
Kenya’s digital lenders planning to sell microinsurance
Kenya’s digital lenders are planning to roll out microinsurance products and target thousands of customers tapping into small loans via mobile phones. [...]
New drive to bring banks and insurers together on sustainability agenda
Hot on the heels of COP26 and at a critical juncture between crisis and recovery across society, business and the environment, the UNEP FI Leadership [...]