Category: Governance
ATI signs deal to link Africa and UAE
The African Trade Insurance Agency (ATI) and Etihad Export Credit Insurance Company PJSC (ECI) have signed a memorandum of understanding (MoU) on mutu [...]
AM Best signs up to UN Principles for Sustainable Insurance
AM Best has become a signatory of the United Nations Environment Programme’s (UNEP) Principles for Sustainable Insurance (PSI).
The ratings agency [...]
Kenyan regulator starts payments for failed insurers
The Kenyan Insurance Regulatory Authority (IRA) has started making a KSH250,000 payout to policyholders and beneficiaries of collapsed insurers, accor [...]
Renewable energy leads demand for CPRI, says broker
Credit and political risk insurance (CPRI) broker BPL Global has published its annual Market Insight report, revealing a snapshot of claims, emerging [...]
Reminder for South African insurers on compliance
South Africa’s insurers face fines of up to ZAR6,950 for failing to furnish the country’s regulatory authority with the necessary returns.
The pena [...]
Lawrence Nazare named as new CEO for Continental Re
Continental Reinsurance has announced that Lawrence Mutsunge Nazare will replace Dr Femi Oyetunji as group managing director of the company, effective [...]
Insurance forecast bright despite Covid-19, suggests new report
The outlook for the insurance industry is finely balanced, suggests a new global report from Clyde & Co.
The report states: “The green shoots o [...]
Fossil fuel exporters face major challenge, insurers warned
As increasing numbers of insurers turn away from fossil fuel underwriting and investment, they have been warned the sector faces real challenges as it [...]
New face in The White House heralds change for global climate agenda
The US’s decision to rejoin the Paris Agreement signals the intent of President Joe Biden's administration to take a tougher stance on environmental m [...]
Growing your business in 2021
The truth about being a professional insurance broker in east Africa is that it’s hard work. As every fiscal year comes to an end, the discussions pre [...]