Category: Sustainability
Climate resilience demands a rethink of reinsurance pricing and risk modelling
Recent droughts, floods, storms and wildfires confirm that extreme weather events are redrawing the risk landscape for businesses and households. Clim [...]
Innovation and inclusion tipped to drive Africa’s next insurance chapter
While sub-Saharan Africa is home to some of the fastest-growing economic regions in the world, insurance penetration is still below 3% compared to the [...]
Opinion: Securing Africa’s future through sustainable insurance
Philip Lopokoiyit, ICEA LION Group CEO and chairperson of Nairobi Declaration on Sustainable Insurance (NDSI), shares insights from the recently held [...]
Data key to transparent and ethical use of AI in insurance
Data remains key in supporting the transparent and ethical use of artificial intelligence (AI) in insurance.
That was the key message for membe [...]
CIMA zone: Insurers to implement new internal measures to combat money-laundering risks
Since 10 July 2025, insurance companies and organisations in the CIMA (Inter-African Conference on Insurance Markets) zone have been required to i [...]
Kenya’s KCB Group eyes acquisition of Ethiopian bank on liberalisation
Kenya’s largest lender by assets and profitability KCB Group has announced plans to acquire one of Ethiopia’s banks instead of opening a branch or pur [...]
Cat bonds surpassed US$21 billion in past 12 months, reports Aon
Catastrophe bond issuance surpassed US$21 billion during the most active 12-month period in the history of the insurance-linked security (ILS) market. [...]
Uganda nears rollout of Islamic insurance as IRA awaits Finance Minister’s approval
Uganda is set to launch Takaful, a Shariah-compliant insurance model aimed at enhancing financial inclusion and catering to the needs of the Muslim co [...]
ATIDI works to boost Japan’s links to Africa
To deepen economic ties between Japan and Africa, the African Trade & Investment Development Insurance (ATIDI), Mitsubishi UFJ Financial Group [...]
Africa Re announces strong half-year 2025 financial results
African Reinsurance Corporation (Africa Re) has reported strong financial results for the first half of 2025, underpinned by continued growth in p [...]