Category: Sustainability
Award-winning Covid-19 equipment to be piloted in South Africa
A competition run by Munich Re will result in four projects being transformed into reality to help governments across Africa in the fight against Covi [...]
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- [...]
Warning for insurers as 62% of Kenyans looking to cut the price of their insurance
In what is a clear warning sign for insurers, a new survey has revealed that 62% of Kenyans are looking for better deals on their insurance premium as [...]
Millions of South Africans avoid preventative health screenings due to a lack of financial access
Insurers could have an opportunity to build market penetration after the Covid-19 crisis, as it has highlighted a lack of access to primary healthcare [...]
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 [...]
Is this the new normal?
When the South African government first announced a national lockdown back in March, countless businesses were left scrambling to make working from ho [...]
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 have golden opportunity to grow their businesses
Insurers across Africa often argue that microinsurance business is unprofitable and that they would rather stick with markets offering better returns. [...]
Climate change becoming a reality, warns Munich Re
While insurers across Africa might be taking heart from the latest natural catastrophe figures for the first half of this year, the message is that cl [...]
Dr Caesar Mwangi joins board of the UN PSI
Dr Caesar Mwangi, CEO of ICEA Lion Insurance Holdings, has been appointed to the board of the UN Principles for Sustainable Insurance (PSI).
Dr Mwa [...]