Category: Governance
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 [...]
More South African insurers to make BI payments
Old Mutual Insure (OMI) has become the latest South African insurer to announced payments on business interruption (BI) policies related to the Covid- [...]
Three SA life insurers sanctioned for weak money laundering controls
The South African Reserve Bank (SARB) has imposed administrative sanctions on three life insurers and directed them to take remedial actions, after fi [...]
Santam to make urgent relief payments on CBI policies
Business interruption (BI) policies have borne the brunt of policyholder criticism throughout the Covid-19 pandemic across Africa. Policyholders have [...]
Insurers urged to innovate and digitalise to build resilience
Insurers across the continent are being urged to innovate and digitalise to build resilience through the Covid-19 pandemic.
Regulators including Dr [...]
Report: Worth watching the Europeans on ESG
Insurers across Africa have long watched the Europeans in terms of insurance offerings and product designs. Now, Insurance Europe has published its re [...]
Supply chains matter for insurers too
Reinsurance is no different to any other product and is dependent on a supply chain, delegates at a recent roundtable agreed.
At the event, hosted [...]
VIDEO: What is the impact of Covid-19 on the ratings environment for sub-Saharan Africa?
Jermaine Leonard, director, Fitch Ratings discusses the impact of Covid-19 on the ratings environment for sub-Saharan Africa. [...]