Category: Governance
Africa Re records nearly 10% growth in gross written premium in 2024
Based on preliminary and unaudited figures under IFRS 4, Africa Re has continued on its growth trajectory by recording a gross written premium of [...]
IAIS launches paper on regulation and climate risks
Climate-related risks, including extreme weather events, are increasingly impacting consumers and businesses, highlighting the key societal purpose of [...]
ATIDI and Deutsche Bank agree financing cover for Benin
The African Trade & Investment Development Insurance (ATIDI) supported Benin’s latest financing transaction, providing a second loss guarantee [...]
Insurance regulators open to AI use for as long as policyholders are at the centre
African regulators have warned of a growing divide as the use of artificial intelligence (AI) takes hold, but they are expressing willingness to allow [...]
Move from discussion to action, urges Continental Re as it marks 40 years
Africa insurers and reinsurers must now move beyond discussion to action if they are to realise the potential of homegrown expertise, innovation a [...]
First African platform for trade credit and political risk cover launched by AU and ETG
AU Group, a specialist broker in trade credit and political risk insurance, has agreed a strategic partnership with ETG (Export Trade Group) to launch [...]
Global uncertainty increases risks across Africa, warns S&P
Global uncertainties, including volatile commodity prices, hint to increasing risks for African countries, warns rating agency S&P Global Ratings. [...]
Sustainable finance regulation to reshape the future for Africa’s insurers
As businesses in the United States (US) dial down their climate and diversity, equity, and inclusion (DEI) focuses, firms in the rest of the world [...]
Ethical business practices could stem fraud and corruption while boosting insurance uptake
Ethical business practices could help the Zimbabwean insurance sector to stem fraud and corruption, helping boost the penetration rate by addressing p [...]
Why continuous professional development matters in insurance space
Continuous professional development (CPD), or mandatory professional development as it is known in some markets, is becoming an ever more crucial part [...]