Category: Governance
ATI names new CEO
The African Trade Insurance Agency (ATI) has confirmed a number of key senior-level positions, including the appointment of Manuel Moses as the new CE [...]
S&P affirms Africa Re’s A- rating
Standard & Poor’s (S&P) has reaffirmed the financial strength rating of the African Reinsurance Corporation (Africa Re) at A- (strong) with a [...]
Naicom congratulates market on Covid-19 donations
Nigerian insurance regulator Naicom has congratulated the insurance market for its generosity in donations to support the local fight on Covid-19. Lea [...]
Insurance market proving resilient
Global average commercial insurance prices increased 19% in the second quarter of 2020, according to the Global Insurance Market Index released by Mar [...]
President Buhari finalises Nigeria’s membership of ATI
Nigeria has become a full member country of Africa Trade Insurance Agency (ATI), after president Muhammadu Buhari signed the final papers.
The west [...]
Regulators stepping up insurer requirements on climate change
The Sustainable Insurance Forum (SIF) has launched its half-yearly report, with news from South Africa that the regulators will want insurers to consi [...]
Challenging times for South Africa’s BI insurers
South African insurers with business interruption (BI) policies are having a tough time, as the first case goes against the insurer and as the regulat [...]
South African regulators encourage BI payments, before courts make a decision
South Africa’s Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA) have reached an understanding with non-life insurers most a [...]
Insurers make growing contribution to UN’s sustainable development goals
In the third session of the UNEP's Principles for Sustainable Insurance Initiative (PSI) series, stakeholders from across the insurance industry – and [...]
Ratings agencies explain credit warnings on Africa
S&P Global Ratings and Fitch ratings have both warned of downgrades and negatives watches across Africa as the Covid-19 pandemic takes its toll. I [...]