Category: Governance

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More South African insurers to make BI payments

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

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

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 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

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

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?

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. [...]
Covid-19: a wake-up call to manage ESG risks properly

Covid-19: a wake-up call to manage ESG risks properly

Covid-19 is a wake-up call for companies in Africa, including insurers, to properly manage their environmental, social and governance (ESG) risks, acc [...]
Insurers’ risk management yet to be tested as Covid-19 crisis continues

Insurers’ risk management yet to be tested as Covid-19 crisis continues

Deniese Imoukhuede and Ronnie Kasapatu, of ZEP-Re, discuss the multifaceted impact of Covid-19 on Africa's insurance markets Covid-19 has had a mu [...]
Africa set for 2021 rebound from Covid-19

Africa set for 2021 rebound from Covid-19

Insurers' business tends to reflect the economic success of any given country, so there is good news from the African Development Bank (AfBD), which b [...]
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