Category: Governance
A market of 1.2 billion potential customers: what’s not to like?
The African Continental Free Trade Agreement (AfCFTA), which officially launched on 1 January, is the largest trading agreement in the world since the [...]
Jury still out on global reinsurance renewals
The insurance sector across Africa was watching the global markets closely as the 1 January reinsurance renewals approached and, despite the impact of [...]
AM Best affirms Africa Re’s financial strength rating of A (Excellent)
The financial strength rating of the African Reinsurance Corporation (Africa Re) has been re-affirmed at A (excellent) and the long-term issuer credit [...]
AM Best affirms Ghana Re rating
AM Best has affirmed the financial strength rating of B (fair) and the long-term issuer credit rating of bb of Ghana Reinsurance Company Limited (Ghan [...]
Ugandan insurance regulator approves 128 insurers to operate in 2021
The Insurance Regulatory Authority of Uganda (IRA) has authorised 128 insurance players, including nine life insurers, 21 non-life insurers, two reins [...]
Africa launches largest regional trading bloc in the world – insurers have golden opportunity
The African Continental Free Trade Agreement (AfCFTA), which officially launched on 1 January, is the largest trading agreement in the world since the [...]
Terrorists strike on both sides of continent
Terrorists have struck on both sides of Africa, impacting political and economic interests.
Insurers may anticipate a spike of interest in politica [...]
Five strategic considerations to help guide insurers to success in Africa
Africa is one of the world’s hot regions for insurance, according to a new report from McKinsey.
It said that steady economic growth in most countr [...]
AM Best affirms Continental Re at B+
Ratings agency AM Best has affirmed the financial strength rating of B+ (good) and the long-term issuer credit rating of bbb- of Continental Reinsuran [...]
Former insurance commissioner to head new Nigerian reinsurer
The former head of the Nigerian insurance regulator, Fola Daniel, is to head a new reinsurance company based in Nigeria.
Current National Insurance [...]