Category: Governance

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Good business is good business: Why adopting ESG principles pays for insurers

Good business is good business: Why adopting ESG principles pays for insurers

Environmental, Social and Governance (ESG) is here to stay and is something that insurers must increasingly embrace if they are to attract investment [...]
GFIA calls on IAIS to do more to close the growing pension gap

GFIA calls on IAIS to do more to close the growing pension gap

The Global Federation of Insurance Associations (GFIA) has written to the International Association of Insurance Supervisors calling for greater atten [...]
Tanzanian oil and gas risks must be underwritten through TECC, mandates regulator

Tanzanian oil and gas risks must be underwritten through TECC, mandates regulator

Earlier this month the Tanzanian insurance regulator issued a notice mandating that all energy-related risks insured within the country are to be unde [...]
Opinion: Mandatory mediation directive in South African high courts and the resultant pushback

Opinion: Mandatory mediation directive in South African high courts and the resultant pushback

Donald Dinnie, director at Norton Rose Fulbright South Africa Inc, and Kriyanka Reddi, senior associate at the same law firm, weigh in on the mandator [...]
Opinion: Tackling urban flooding in Accra with innovative risk solution

Opinion: Tackling urban flooding in Accra with innovative risk solution

The Insurance Development Forum (IDF), through its Sovereign and Humanitarian Solutions (SHS) Working Group, is spearheading a Tripartite Project [...]
Call for Ugandan insurers to boost local expertise in oil and gas sector

Call for Ugandan insurers to boost local expertise in oil and gas sector

Experts have underscored the need to strengthen the financial capacity of members of the Insurance Consortium for Oil and Gas Uganda (ICOGU) to fully [...]
Nigeria’s insurance reform bill will address current realities and evolving needs, suggests insurers association

Nigeria’s insurance reform bill will address current realities and evolving needs, suggests insurers association

The Nigerian Insurers Association (NIA) has commended the recent passage of the Nigerian Insurance Industry Reform Bill 2024 in the Senate, describing [...]
Africa Re records nearly 10% growth in gross written premium in 2024

Africa Re records nearly 10% growth in gross written premium in 2024

Based on preliminary and unaudited figures under IFRS 4, Africa Re has continued on its growth trajectory by recording a gross written premium of [...]
IAIS launches paper on regulation and climate risks

IAIS launches paper on regulation and climate risks

Climate-related risks, including extreme weather events, are increasingly impacting consumers and businesses, highlighting the key societal purpose of [...]
ATIDI and Deutsche Bank agree financing cover for Benin

ATIDI and Deutsche Bank agree financing cover for Benin

The African Trade & Investment Development Insurance (ATIDI) supported Benin’s latest financing transaction, providing a second loss guarantee [...]
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