Category: Governance
Risk managers report charts blueprint for systemic solutions to South Africa’s interconnected risks
Those in leadership positions across Africa must weigh their decisions carefully, often setting aside the lure of short-term profit in order to pursue [...]
Nigeria issues new rules for insurtechs
Nigerian regulator the National Insurance Commission (NAICOM) has issued operational guidelines for Insurtech businesses in the West African economy i [...]
Moody’s revises Africa Specialty Risks upwards
Africa Specialty Risks (ASR) has welcomed the revision of its outlook to positive on its Moody’s Baa1 insurance financial strength rating.
Mikir Sh [...]
ICJ rules that countries can sue each other for climate change damages
Countries can now sue each other over the damaging effects of climate change including for historic emissions of planet-warming gases, according to a [...]
IAIS launches practical steps on closing the natcat protection gap
Practical steps to closing the insurance protection gaps have been published by the International Association of Insurance Supervisors (IAIS).
Toge [...]
Disciplined pricing and resilient infrastructure are key to profitable insurance in Africa
Disciplined and principled underwriting is non-negotiable if Africa’s insurers and reinsurers are to build sustainable businesses in today’s compl [...]
IAIS publishes application paper on AI
The International Association of Insurance Supervisors has published the final version of its Application Paper on the Supervision of Artificial Intel [...]
Global insurance market enjoying stability, says IAIS
The global insurance market is enjoying stable solvency and profitability positions, in aggregate, supported by strong operational performance, effect [...]
Insurers should see mandatory CPD as an opportunity rather than compliance burden
Compliance with Kenya’s newly enacted insurance law introducing mandatory Continuing Professional Development (CPD) should be seen as an opportunity a [...]
Kenya’s regulator lines up framework for continuous education of insurance agents
Kenya’s insurance regulator has initiated the process of establishing a framework for continuous professional education for insurance agents, reinforc [...]