Category: Sustainability
The dynamics of the agriculture (re)insurance market
With Africa accounting for just 1% of global agriculture insurance premium but with many countries dependent on agriculture as the backbones of their [...]
Financial boost for digital insurance in Morocco
IFC and the Autorité de Contrôle des Assurances et de la Prévoyance Sociale (ACAPS) have agreed a partnership to accelerate digitalisation of the insu [...]
Startup launches per-trip cover for Kenya transport
Kenyan insurance startup Lami Technologies and Sendy are launching a per-trip insurance policy for transporters in Kenya, in a move designed to increa [...]
JBA and Reinsurance Solutions to support African insurers for flood risk management
JBA Flood Risk Management is to collaborate with Reinsurance Solutions Intermediary Services (RSIS), an African-based reinsurance broker, that will us [...]
Insurers urged to create fit-for-purpose products to drive premium volumes up across Africa
With climate change already impacting the continent, with increased frequency and severity of floods, typhoons and droughts, the insurance industry ha [...]
Kenyan regulator wants law changes to improve insurance take up
Kenya’s Insurance Regulatory Authority (IRA) has called for an overhaul of underwriting laws, amid slowing uptake of covers and mounting losses as the [...]
Women carrying Covid-19 workload
Heightened workloads and household responsibilities during the Covid-19 pandemic are driving deep dissatisfaction among many women in the workforce, a [...]
Microinsurance: a tool for insurance penetration in Africa
The concept of microinsurance to deepen insurance penetration among the rural population in Africa was once a novel idea at industry seminars and fora [...]
Special risks insurer flounders after civil commotion broadside
The ZAR20bn (and rising) damages claims following widespread civil unrest in South Africa could tarnish Sasria SOC’s record as one of the country’s be [...]
VIDEO: Transporting temperature-sensitive products produces unique challenges
Transporting temperature-sensitive products, including vaccines, fruits and vegetables, meats and more, in Africa can be costly for both insurers and [...]