Category: Sustainability
African underwriters must embed forward-looking resilience in their risk management strategies
African insurers and reinsurers should give resilience a forward-looking approach by not only responding to risks after they occur but also anticipati [...]
Capacity constraints test Zimbabwe’s funeral insurers in push to adopt IFRS 17
Zimbabwe’s funeral underwriters are taking baby steps in switching to International Financial Reporting Standard 17 (IFRS 17), coming nearly three yea [...]
Reinsurance forum pushes for local capital retention to strengthen African markets
African reinsurers must act to curb the export of capital abroad, according to speakers at the African Insurance Organisation (AIO) reinsurance forum [...]
Uganda targets 20% premium growth in new five-year insurance plan
Uganda’s insurance industry is targeting a 20% growth in premiums over the next five years helped by roll-out of new products and enhanced customer ed [...]
Nigerian insurers see tech, innovation as growth path for market
Insurers operating in Nigeria are increasingly betting on technology and innovation to drive growth in the West African country, where insurance penet [...]
Warning on growing protection gap from GFIA report
There is urgent need for co-ordinated action to address growing gaps in insurance protection worldwide, the Global Federation of Insurance Association [...]
VIDEO: Treaty business growing from across the continent as renewals loom
In the second of our look at the forthcoming 1/1 reinsurance renewal system, Chrispin Onyancha, CEO and director at Kenbright Reinsurance Brokers, [...]
Geopolitical shifts demand greater attention from Africa’s underwriters
The convergence of geopolitics with traditional risk drivers is reshaping distribution and underwriting decisions across Africa, adding to the com [...]
Disaster preparedness rising to the fore as climate risks grow, reports Centre for Disaster Protection
Droughts, floods, storms, earthquakes and disease outbreaks are hitting more often and with greater force, warns the Centre for Disaster Protection (C [...]
Agricultural insurance in Burkina Faso demonstrates value of risk protection for farmers
Burkina Faso has been committed to promoting agricultural insurance since 2019. From three agricultural crops covered in three trial regions, today [...]